New Millennium Bank is a bank based in Fort Lee, New Jersey, established in 1999, with $925 million in total assets across 9 branches. By Trust Grade it ranks 8th of 50 banks we track in New Jersey. Its capital ratio of 13.8% is stronger than 85% of similarly sized banks, versus a New Jersey median of 11.3%. It was profitable over the most recent period, with a 1.19% return on assets. No consumer complaints against New Millennium Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How New Millennium Bank compares to New Jersey peers
How we graded New Millennium Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.8% capital ratio)
- Strongly profitable (ROA 1.19%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for New Millennium Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (9)
- 20935 Northern Blvd, Bayside, NY 11361
- 312 5th Ave, New York, NY 10001
- 134 Broad Ave, Palisades Park, NJ 07650
- 14128 Northern Blvd, Flushing, NY 11354
- 570 Piermont Rd, Closter, NJ 07624
- 20 Jersey Ave, New Brunswick, NJ 08901
- 3350 Steve Reynolds Blvd, Duluth, GA 30096
- 1625 Lemoine Ave, Fort Lee, NJ 07024
- 222 Bridge Plz S, Fort Lee, NJ 07024
Are deposits at New Millennium Bank insured?
Yes. New Millennium Bank is an FDIC-insured bank (FDIC certificate #35151). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
New Millennium Bank: frequently asked questions
Is New Millennium Bank a good bank?
New Millennium Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (13.8% capital ratio); Strongly profitable (ROA 1.19%).
Is New Millennium Bank FDIC-insured?
Yes. New Millennium Bank is a FDIC-insured bank (FDIC certificate #35151). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is New Millennium Bank?
New Millennium Bank holds $925 million in total assets, ranking 8th of 50 banks we track in New Jersey. It operates 9 branches.
Does New Millennium Bank have CFPB complaints?
No CFPB complaints against New Millennium Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
