NEW MILLENNIUM BANK
FORT LEE, NEW JERSEY · FDIC Cert #35151
Capital & Safety Analysis
According to FDIC financial data, NEW MILLENNIUM BANK holds a Tier 1 capital ratio of 18.19%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning NEW MILLENNIUM BANK has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
NEW MILLENNIUM BANK shows strong financial health indicators. With $862M in assets and a Health Score of 76/100, 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
NEW MILLENNIUM BANK has a Bank Health Score of B (76/100). It holds a Tier 1 capital ratio of 18.19%, 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.
NEW MILLENNIUM BANK holds $862M in total assets and $748M in total deposits. It is located in FORT LEE, NEW JERSEY (FDIC Certificate #35151).
NEW MILLENNIUM BANK has a Tier 1 capital ratio of 18.19%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.55%, and the return on assets is 1.22%.
Yes. NEW MILLENNIUM BANK is FDIC-insured (Certificate #35151). 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.