Northfield Bank

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Northfield Bank
1600 Perrineville Rd.
Monroe, NJ 08831
Tel: 609•655•7535

We were founded on March 1, 1887 as Northfield Building Loan and Savings Association in the village of Mariners Harbor, Town of Northfield, County of Richmond, by a group of Staten Islanders "for the purpose of rendering mutual aid to each other, and to those who shall hereafter be associated with us."

As most institutions founded in the 19th century, Northfield took its name from the community it served, and although the village of Northfield is no longer listed on any local map, its name survives as the name of our Bank. In 19th Century Staten Island, every community had its own bank. Although many failed or were disbanded, many others merged, creating larger, stronger institutions that survive and prosper today.

In 2002, Northfield entered the New Jersey marketplace through our merger with Liberty Bank. This partnership gave Northfield a strong presence in New Jersey's Union and Middlesex counties while providing added convenience for our customers.

On January 1, 2007, Northfield officially changed its name from Northfield Savings Bank to Northfield Bank. The Northfield Bank name positions us as the full-service bank that Northfield has become, and reflects the changing marketplace of banking

We are proud to report that Northfield Bank has continued to prosper and has expanded its product line to incorporate security, convenience and personal service under one roof. Through successive mergers, the history of Northfield Bank includes the following institutions which are themselves a part of Staten Island's and New Jersey's history:
•Third Ward S & L Association
•Port Richmond Cooperative S & L Association
•Tompkinsville Cooperative S & L Association
•Mutual Savings & Loan Association
•Polish American S & L Association
•North Shore Building Loan & Savings
•Tompkinsville Federal S & L
•Security Federal S & L Association
•Liberty Bank, NJ
Founded in 1887 with assets of $400,000, Northfield has recently reported total assets of $1.4 billion and now operates 18 locations in Staten Island, Brooklyn and New Jersey.

Much has changed over the last century, but Northfield's commitment to the community has not.

Mortgage Loans

Fixed-Rate Mortgages
If you're looking for the security of fixed monthly mortgage payments, then a fixed rate mortgage with competitive rates and low closing costs is for you. Our experienced loan professionals will help you find the loan best suited to your needs. Our lending territory includes Staten Island and Central New Jersey.

30- or 40 Year Fixed-Rate Mortgage:
• Lower monthly payments.
• Locked-in interest rate.
• Stable, uniform payments.
• BI-weekly payment option available.

10- or 20-Year Fixed-Rate Mortgage:
• Pay less interest.
• Build equity faster by making higher payments.
• Lower, locked in interest rate.
• Stable, uniform payments.
• Bi-weekly payment option available.

Adjustable Rate Mortgages (ARMs)
Borrowers seeking the best of both fixed and adjustable rate mortgages can find it with Northfield's Adjustable Rate Mortgages which is fixed for a predetermined number of years and adjusts thereafter. The principle can be amortized over a term of your choice, up to 30 years.

Online Mortgage Application
Apply online for a residential mortgage 24 hours a day and get loan decisions in minutes, not days or weeks. Sign up for the rate watcher email program and even apply for a free mortgage prequalification. Click here to get started!

First-Time Homebuyer Mortgages
Northfield Bank, in conjunction with the State of New York Mortgage Agency (SONYMA) ® and the New Jersey Mortgage Finance Agency offers long-term fixed-rate mortgages at below-market rates, with low monthly payments and a low down payment. Certain restrictions apply including income and purchase price limits.