Loading...
Loading...
New Millennium Bank is an FDIC-insured community-focused financial institution providing personal and business banking services including checking accounts, savings, CDs, mortgages, SBA loans, and commercial real estate financing. Founded in 1999 with its New Jersey State Banking Charter, the bank operates multiple locations across New Jersey, New York, and Georgia while serving low to moderate income individuals, families, and underserved communities.
Have you worked with New Millennium Bank? Share your experience to help others.
Loading reviews...
SBA 7(a) Acquisition Loan Data As Of June 30, 2025
Last 12 Months
Last 3 Years
YoY Growth
low activity
As Of June 30, 2025
Median
$1.4M
Average
$1.1M
All rates shown as spread over Prime Rate
This Lender
Market Average
As Of June 30, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
Bottom 10% of Lenders (Highest Default Rate)
Performance Ranking
100th
Lower is better among all lenders
As Of June 30, 2025 - States by loan volume (darker blue = higher volume)
