The First National Bank of Absecon is headquartered in Absecon and is the 52nd largest bank in the state of New Jersey. It is also the 3,237th largest bank in the nation. It was established in 1916 and as of June of 2022, it had grown to 32 employees at 4 locations. The First National Bank of Absecon has an A health rating.
I've been using First National Bank of Absecon for Checking and Saving account purposes for my entire financially independent life. With only four locations scattered throughout southern New Jersey, they're not the sort of place anyone who isn't a local would have much interest in, but I've been happy with their performance since Day one. While I constantly hear stories from friends of big banks hitting them with all manner of vaguely-defined charges, FNBA has never hit me with a single fee in all the time I've been a member. Any time I've had a question about my account's rules and limitations, I've been able to call them up or stop by in person and quickly clear up the issue with one of their staff. They offer bank cards for quickly grabbing cash from ATMs with no bank-side charges, and a modest-yet-effective website that's easy to navigate and understand. My only gripes would have to do with their rate of return from their Savings accounts (a straightforward market rate that, presently, is not all that impressive), and the fact that they weren't very quick about replacing my bank card when I lost it. Still, comparing those issues to the sudden, crippling fines and fees my friends experience, I'll stick with my own.
Overall | |
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FDIC Certificate # | 6442 |
Year Established | 1916 |
Employees | 32 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.31% |
Return on Equity - YTD | 3.87% |
Annual Interest Income | $2.6MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $181.7MM$173.7MM |
Loans | Q2 2022vs Q2 2021 | $97.0MM$88.3MM |
Deposits | Q2 2022vs Q2 2021 | $168.1MM$155.6MM |
Equity Capital | Q2 2022vs Q2 2021 | $12.9MM$17.1MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.1MM$1.0MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $320.00K$368.00K |
Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.10%* | $150k* | - | Money Market (Business) | ||
OTHER TIERS: 0.03% → Up to $50k | 0.05% → $50k - $150k | |||||
0.05% | $2.5k | - | Money Market (Personal) |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.00% | - | - | 84 Month IRA | |
0.30% | - | - | 60 - 83 Month IRA | |
0.25% | - | - | 48 - 59 Month IRA | |
0.20% | - | - | 36 - 47 Month IRA | |
0.15% | - | - | 18 - 35 Month IRA | |
0.10% | - | - | 12 - 17 Month IRA |
The First National Bank of Absecon Locations | ||
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The First National Bank Of Absecon | 106 New Jersey Ave | Absecon, NJ 08201 |
Northfield Branch | 2201 New Road | Northfield, NJ 08225 |
Galloway Branch | 38 W. Jim Leeds Road | Absecon, NJ 08205 |
White Horse Pike Branch | White Horse Pike & New Jersey Avenue | Absecon, NJ 08201 |