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BankHealth

MILLVILLE SAVINGS BANK

MILLVILLE, NEW JERSEY · FDIC Cert #30183

A
Health Score
93/100
$158M
Total Assets
$141M
Total Deposits
29.84%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, MILLVILLE SAVINGS BANK holds a Tier 1 capital ratio of 29.84%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning MILLVILLE SAVINGS BANK has a strong buffer to absorb potential losses.

Key Financial Metrics

0.34%
Nonperforming Loans
Low — healthy loan portfolio
59.10%
Liquidity Ratio
Strong — can meet withdrawal demands
0.76%
Return on Assets
Low profitability
$141M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

MILLVILLE SAVINGS BANK shows strong financial health indicators. With $158M in assets and a Health Score of 93/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

MILLVILLE SAVINGS BANK has a Bank Health Score of A (93/100). It holds a Tier 1 capital ratio of 29.84%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

MILLVILLE SAVINGS BANK holds $158M in total assets and $141M in total deposits. It is located in MILLVILLE, NEW JERSEY (FDIC Certificate #30183).

MILLVILLE SAVINGS BANK has a Tier 1 capital ratio of 29.84%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.34%, and the return on assets is 0.76%.

Yes. MILLVILLE SAVINGS BANK is FDIC-insured (Certificate #30183). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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