RANKING ·
Lowest cost of deposits in New Jersey
49 of 50 banks in New Jersey that filed for the quarter ended June 30, 2026 are ranked. At least $100 million in total assets. Institutions with equal values share a rank. Source: FDIC quarterly financial data.
| Rank | Institution | Headquarters | Cost of all deposits, annualized for the quarter | Total assets |
|---|---|---|---|---|
| 1 | Cenlar FSB | Ewing, NJ | 0.00% | $782 million |
| 2 | The Pennsville National Bank | Pennsville, NJ | 0.26% | $282 million |
| 3 | Century Savings Bank | Vineland, NJ | 0.52% | $635 million |
| 4 | Sturdy Savings Bank | Stone Harbor, NJ | 0.84% | $1.1 billion |
| 5 | Franklin Bank | Pilesgrove, NJ | 0.84% | $334 million |
| 6 | First National Bank of Absecon | Absecon, NJ | 0.95% | $195 million |
| 7 | Millville Savings Bank | Millville, NJ | 0.99% | $170 million |
| 8 | Newfield National Bank | Newfield, NJ | 1.05% | $889 million |
| 9 | First Hope Bank, A National Banking Association | Hope, NJ | 1.10% | $657 million |
| 10 | First National Bank of Elmer | Elmer, NJ | 1.13% | $408 million |
| 11 | 1st Bank of Sea Isle City | Sea Isle City, NJ | 1.31% | $311 million |
| 12 | Crest Savings Bank | Wildwood, NJ | 1.56% | $594 million |
| 13 | Liberty Bank of New Jersey | Verona, NJ | 1.59% | $107 million |
| 14 | Sumitomo Mitsui Trust Bank (U.S.A.) Limited | Hoboken, NJ | 1.60% | $3.9 billion |
| 15 | Lusitania Savings Bank | Newark, NJ | 1.78% | $418 million |
| 16 | Oceanfirst Bank N.A. | Toms River, NJ | 1.88% | $23.2 billion |
| 17 | Provident Bank | Jersey City, NJ | 1.90% | $25.7 billion |
| 18 | Somerset Regal Bank | Bound Brook, NJ | 1.92% | $1.2 billion |
| 19 | Amboy Bank | Old Bridge, NJ | 1.99% | $3.1 billion |
| 20 | Monroe Savings Bank | Williamstown, NJ | 2.00% | $114 million |
| 21 | Columbia Bank | Fair Lawn, NJ | 2.05% | $12.2 billion |
| 22 | Bcb Community Bank | Bayonne, NJ | 2.08% | $3.1 billion |
| 23 | Peapack Private Bank and Trust | Bedminster, NJ | 2.08% | $8.0 billion |
| 24 | Crown Bank | Elizabeth, NJ | 2.09% | $614 million |
| 25 | Kearny Bank | Kearny, NJ | 2.14% | $7.7 billion |
| 26 | Manasquan Bank | Manasquan, NJ | 2.17% | $3.6 billion |
| 27 | Valley National Bank | Passaic, NJ | 2.27% | $66.2 billion |
| 28 | Spencer Savings Bank, Savings and Loan Association | Elmwood Park, NJ | 2.29% | $4.0 billion |
| 29 | Unity Bank | Clinton, NJ | 2.30% | $3.2 billion |
| 30 | Connectone Bank | Englewood Cliffs, NJ | 2.39% | $14.4 billion |
| 31 | The Bank of Princeton | Princeton, NJ | 2.40% | $2.3 billion |
| 32 | First Bank | Hamilton, NJ | 2.40% | $4.1 billion |
| 33 | Blue Foundry Bank | Rutherford, NJ | 2.41% | $1.9 billion |
| 34 | Schuyler Savings Bank | Kearny, NJ | 2.46% | $151 million |
| 35 | Magyar Bank | New Brunswick, NJ | 2.50% | $1.0 billion |
| 36 | Ascendia Bank | Glen Rock, NJ | 2.53% | $395 million |
| 37 | Gsl Savings Bank | Guttenberg, NJ | 2.56% | $151 million |
| 38 | United Roosevelt Savings Bank | Carteret, NJ | 2.65% | $381 million |
| 39 | Haven Savings Bank | Hoboken, NJ | 2.75% | $987 million |
| 40 | Haddon Savings Bank | Haddon Heights, NJ | 2.80% | $421 million |
| 41 | Cross River Bank | Fort Lee, NJ | 2.82% | $8.5 billion |
| 42 | First Commerce Bank | Lakewood, NJ | 2.83% | $2.0 billion |
| 43 | New Millennium Bank | Fort Lee, NJ | 2.89% | $899 million |
| 44 | Hana Bank USA N.A. | Fort Lee, NJ | 2.93% | $835 million |
| 45 | Bessemer Trust Company | Woodbridge, NJ | 3.03% | $2.4 billion |
| 46 | Bogota Savings Bank | Teaneck, NJ | 3.12% | $872 million |
| 47 | Parke Bank | Sewell, NJ | 3.18% | $2.3 billion |
| 48 | Union County Savings Bank | Elizabeth, NJ | 3.24% | $1.5 billion |
| 49 | Freedom Bank | Maywood, NJ | 3.34% | $838 million |
Rankings sort one published measure; they are not an overall judgment of any institution. Methodology · All rankings