Home > Community Development > Community Profiles > Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA)

Community Profile: Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA)

Introduction

The Vineland-Millville-Bridgeton, NJ MSA consists of Cumberland County and includes the three principal cities of Vineland, Millville, and Bridgeton.* While the city of Vineland is the most populated of the three cities, the county seat is located in Bridgeton, the least populated of the three.

The MSA is located in southern New Jersey and borders the counties of Gloucester, Atlantic, Cape May, and Salem. The Delaware Bay is the MSA’s southern border.

To view the other sections of this report, click on the links below or the links that appear on the navigation bar on the right-hand side of the page.

• Historical Information
• Demographics and Economic Data
• Financial Institutions and Market Share Data
• Community Organizations
• Funding Sources

Maps

The maps provided below illustrate the location of the Vineland-Millville-Bridgeton, NJ MSA. In addition, there are maps that indicate income levels by census tract and areas of concentrated poverty.

• Location of the Vineland-Millville-Bridgeton, NJ MSA relative to other areas in the Northeast section of the United States (PDF, 279 KB)
• Location of the Vineland-Millville-Bridgeton, NJ MSA within the Third Federal Reserve District (PDF, 116 KB)
• Overview of 2007 income levels by census tract for the Vineland-Millville-Bridgeton, NJ MSA (PDF, 253 KB)
• Overview of 2007 income levels by census tract for the city of Bridgeton (PDF, 138 KB)
• Overview of 2007 income levels by census tract for the city of Millville (PDF, 155 KB)
• Overview of 2007 income levels by census tract for the city of Vineland (PDF, 167 KB)
• Overview of 2000 poverty levels for the Vineland-Millville-Bridgeton, NJ MSA (PDF, 449 KB)

• * Beginning in 2000, the OMB began to identify “principal cities” instead of “central cities.”
• Last updated: Monday, October 29, 2007

Home > Community Development > Community Profiles > Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA) > Historical Information

Community Profile: Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA)

Historical Information

Cumberland County separated from Salem County in January 1748. In December of that year, Cohansey Bridge (now Bridgeton) was chosen as the seat of county government. A year after the Boston Tea Party (1773), the town of Greenwich (which was then the principal settlement of Cumberland County) expressed its view of the British government by burning a cargo of tea en route to Philadelphia.

Each of the region's three cities has a distinctive character and history. Millville has long been known as a center of glass production. James Lee established a glassmaking business in Millville in 1806, and it continues to be the home of the Wheaton glassworks and Wheaton Village. Bridgeton, founded in 1686, is the county seat, while Vineland, laid out as a planned community in the 1860s, continues to be a commercial center for the surrounding agricultural region. The building of dams and canals on the Maurice River in the second decade of the 19th century and the eventual creation of Union Lake in 1869, which supplied water to local iron and cotton factories, accelerated the area’s manufacturing growth, which included the acquisition of food-processing factories. Today, manufacturing, along with agriculture, remains important to the MSA’s economy.

Historical data for the Vineland-Millville-Bridgeton, NJ MSA can be found at the following websites:

• Bridgeton's History
• Cumberland County Historical Society
• Cumberland County History
• Friends of Historic Vineland

• Last updated: Monday, October 29, 2007

Home > Community Development > Community Profiles > Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA) > Demographics and Economic Data

Community Profile: Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA)

Demographics and Economic Data

Included in this section is a brief summary of demographic and economic data. Detailed data can be accessed through the following websites:

• Federal Financial Institutions Examination Council : The website includes a geocoding/mapping system that allows users to obtain census data based on specific street addresses and a census report system that provides census information by census tract within a county or MSA.
• Map Your Community: A mapping interface developed by PolicyMap, a unit of The Reinvestment Fund, and provided by the Federal Reserve Bank of Philadelphia that allows users to easily create custom maps for user-defined locations. These custom maps provide a snapshot of current and historical economic and demographic conditions and can be used to analyze data for community development activities.
• PolicyMap : This geographic information system, which includes an interactive mapping tool developed by The Reinvestment Fund, allows users to create custom maps, tables, and charts for over 10,000 indicators and provides the ability to plot external data. PolicyMap also provides community profile reports for user-defined areas, including .
• U.S. Census Bureau American FactFinder : Official source for population, housing, economic, and geographic data collected by the U.S. Census Bureau.

• Last updated: Friday, March 23, 2012

Home > Community Development > Community Profiles > Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA) > Demographics and Economic Data

Community Profile: Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA)

Demographics and Economic Data

Tables

• Table 1: Racial Composition of the State of New Jersey, Vineland-Millville-Bridgeton MSA, and City of Vineland
• Table 2: Distribution of Households by Income of Census Tract Within the Vineland-Millville-Bridgeton, NJ MSA

Figures

• Figure 1: Racial Composition of the Vineland-Millville-Bridgeton, NJ MSA
• Figure 2: Racial Composition of Those Who Reported They Were Hispanic or Latino in Origin Within the Vineland-Millville-Bridgeton, NJ MSA
• Figure 3: Vacant Housing
• Figure 4: Highest Education Level by Percent of Population

Return to the Demographics page for the Vineland-Millville-Bridgeton MSA.

Table 1: Racial Composition of the State of New Jersey, Vineland-Millville-Bridgeton MSA, and City of Vineland

	State of New Jersey	Vineland-Millville-Bridgeton MSA	City of Vineland
Total Population	8,414,350	146,438	56,271
White alone	72.5%	65.8%	67.6%
Black or African American alone	13.4%	20.2%	13.0%
American Indian and Alaska Native alone	0.2%	0.9%	0.6%
Asian alone	5.7%	0.8%	1.0%
Native Hawaiian and Other Pacific Islander alone	0.0%	0.0%	0.0%
Some other race alone	5.4%	9.2%	14.1%
Two or more races	2.7%	3.0%	3.6%
Total Percentage	100%	100%	100%
Percent Hispanic or Latino in Origin of Total Population	13.3%	18.9%	30.0%

Source: U.S. Census Bureau, “2000 Census – Summary File 3,” http://factfinder.census.gov/home/saff/main.html?_lang=en 

Table 2: Distribution of Households by Income of Census Tract Within the Vineland-Millville-Bridgeton, NJ MSA 

	Total Households		Low-Income Households (<50%)		Moderate-Income Households (50-79%)		Middle-Income Households (80-119%)		Upper-Income Households (≥120%)
Tract Income	#	%	#	%	#	%	#	%	#	%
Low	1,330	2.7	684	5.7	309	3.9	149	1.6	188	0.9
Moderate	8,252	16.8	2,882	24.3	1,677	21.2	1,543	16.8	2,150	10.7
Middle	27,004	55.0	6,295	53.0	4,326	54.8	5,336	58.2	11,047	54.8
Upper	12,510	25.5	2,015	17.0	1,583	20.1	2,149	23.4	6,763	33.6
Total	49,096	100.0	11,876	100.0	7,895	100.0	9,177	100.0	20,148	100.0
Percentage of Households in Tracts of Any Income				24.2		16.1		18.7		41.0

Source: Federal Financial Institutions Examination Council (FFIEC), http://www.ffiec.gov. 

Figure 1: Racial Composition of the Vineland-Millville-Bridgeton, NJ MSA

Source: U.S. Census Bureau, “2000 Census – Summary File 3,” http://factfinder.census.gov/home/saff/main.html?_lang=en

Figure 2: Racial Composition of Those Who Reported They Were Hispanic or Latino in Origin Within the Vineland-Millville-Bridgeton, NJ MSA

Source: U.S. Census Bureau, “2000 Census – Summary File 3,” http://factfinder.census.gov/home/saff/main.html?_lang=en

Figure 3: Vacant Housing

* Less than 0.4 percent of the vacant housing in the state of New Jersey and in the city of Vineland is attributable to migrant workers. In the Vineland-Millville-Bridgeton MSA, 0.9 percent of the vacant housing is attributable to migrant workers.

Source: U.S. Census Bureau, “2000 Census – Summary File 3,” http://factfinder.census.gov/home/saff/main.html?_lang=en

Figure 4: Highest Education Level by Percent of Population

Source: U.S. Census Bureau, “2000 Census – Summary File 3,” http://factfinder.census.gov/home/saff/main.html?_lang=en

• Last updated: Monday, October 29, 2007

Home > Community Development > Community Profiles > Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA) > Financial Institutions and Market Share Data

Community Profile: Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA)

Financial Institutions and Market Share Data

The Community Reinvestment Act (CRA), enacted by Congress in 1977, is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including the needs of low- and moderate-income people.

The term low and moderate income (LMI) is defined by the Federal Reserve Board in Regulation BB, Community Reinvestment, and includes people and communities whose income is less than 80 percent of the area median income. According to the regulation, low income means an individual income that is less than 50 percent of the area median income, or a median family income that is less than 50 percent, in the case of a geography. Moderate income means an individual income that is at least 50 percent and less than 80 percent of the area median income, or a median family income that is at least 50 and less than 80 percent, in the case of a geography.*

Market Share Data and Reports on Lending Institutions

A market share summary report is available through the Summary of Deposits section of the FDIC's website. This report allows the user to determine the deposit market share for each financial institution within any user-defined geographic area. The deposits are based on the branch/office deposits for all FDIC-insured institutions as reported on the annual Summary of Deposit survey for FDIC-insured institutions as of June 30. To obtain a market share report for a specific area, click on the link above. Within the site, select the geographic area and the market share report.

Users can access reports for specific institutions through the FDIC Institution Directory (ID) on the FDIC's website. This directory provides the latest comprehensive financial and demographic data for every FDIC-insured institution, including the most recent quarterly financial statements, with performance and condition ratios. To access a report for an institution, click on the link above. Within the site, select “find institutions” and enter the name or FDIC certificate number for an institution.

Users can also access reports on specific institutions through the National Information Center (NIC) on the Federal Financial Institutions Examination Council's (FFIEC) website. NIC is a central repository of data about banks and other institutions in which the Federal Reserve has a supervisory, regulatory, or research interest, including both domestic and foreign banking organizations operating in the United States. Within the website, select the “Institution Search” to obtain information for both current and noncurrent institutions by name and location and select the “FBO Search” to obtain information for U.S. branches and agencies of foreign banking organizations (FBOs).

Home Mortgage Disclosure Act (HMDA)

An important source of information about financial institutions' lending patterns in a community is the Home Mortgage Disclosure Act (HMDA) statement. This report is submitted annually to the Federal Financial Institutions Examination Council (FFIEC) and is available to the public for each reporting institution. The types of loans that must be reported are home-purchase loans, for both owner-occupants and nonoccupants; refinancings; home-improvement loans; and loans for improvement and/or purchase of multifamily structures (five or more units). Depository institutions that had at least $36 million in assets on December 31, 2006, in the home or branch office in an MSA must file this report.

Additional information regarding HMDA-reported loan statements is available through the FFIEC's website. Through this website, you can access aggregate HMDA reports at the MSA or national level. You can also obtain a disclosure report for a specific institution.

The following information was developed from aggregated HMDA statements. The tables include all HMDA-reported loans (home purchase, home improvement, refinancing, and multi-family).

Please note that some of the lending institutions listed in the HMDA tables are not depository institutions insured by the FDIC and summary reports for these institutions are not available on the FDIC or NIC websites. More information about these lending institutions can be obtained using a search engine such as Yahoo or Google.

Small-Business and Small-Farm Lending

Starting in 1996, the nation's financial institutions began reporting small-business and small-farm loans as part of their CRA disclosure statements required under the revised CRA regulations. While the information does not have the level of detail of the HMDA statements, it is an important source for understanding commercial lending activity in a community. The types of loans reported include all originations and purchases of commercial loans, lines of credit, and mortgages on nonresidential properties equal to or less than $1 million in size. The loans are reported by size, by geographic location, and for borrowers with annual revenues of $1 million or less. These categories of loans include those with guarantees, such as those provided by the SBA or USDA. Small-farm loans are reported in the same way.

Additional information regarding CRA disclosure statements is available through the Federal Financial Institutions Examination Council's (FFIEC) website. Through this website, you can access aggregate CRA reports at the county, MSA, or national level. You can also obtain a disclosure report for a specific institution and review its CRA rating.

The following information was developed from aggregated CRA disclosure statements. The tables show the reporters’ market share by the number of loans and total dollars originated. They include only originated loans under $1 million, since loan applications and loans greater than $1 million are not reported.

• * Source: Federal Reserve Board, Regulation BB
• Last updated: September 13, 2011

Home > Community Development > Community Profiles > Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA) > Tables for Financial Institutions and Market Share Data

Community Profile: Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA)

Tables for Financial Institutions and Market Share Data

Home Mortgage Lending

• Table 1: Top 25 Reporters in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – All Home Mortgage Originations in MSA
• Table 2: Top 25 Reporters in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – All Home Mortgage Originations to LMI Borrowers in MSA
• Table 3: Top 25 Reporters in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – All Home Mortgage Originations in LMI Census Tracts in MSA

Small-Business and Small-Farm Lending

• Table 4: Top 10 Reporters in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – All Small-Business Originations in MSA
• Table 5: All Small-Farm Originations in the Vineland-Millville-Bridgeton, NJ MSA in 2005
• Table 6: Top 10 Reporters in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – All Originations to Small Businesses in MSA with Annual Gross Revenues Less Than or Equal to $1 Million
• Table 7: All Originations to Small Farms in the Vineland-Millville-Bridgeton, NJ MSA in 2005 with Annual Gross Revenues Less Than or Equal to $1 Million
• Table 8: Number of Loans by Tract Income in the Vineland-Millville-Bridgeton, NJ MSA in 2005
• Table 9: Number of Loans by Tract Income in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – Businesses with Annual Gross Revenues Less Than or Equal to $1 Million

Return to the Financial Institutions and Market Share Data page for the Vineland-Millville-Bridgeton, NJ MSA.

Home Mortgage Lending

Table 1: Top 25 Reporters in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – All Home Mortgage Originations in MSA

Institution Name	Number of Loans	Market Share %	Total Dollar Amount ($000's)	Market Share %	Average Loan Size ($000's)
GATEWAY FUNDING DIV MTG SVCS	441	6.9	55,325	7.5	125
COUNTRYWIDE HOME LOANS	291	4.5	36,184	4.9	124
COLONIAL BANK, F.S.B.	276	4.3	29,318	4.0	106
NATIONAL CITY BANK OF INDIANA	194	3.0	25,335	3.4	131
BANK OF AMERICA, N.A.	191	3.0	16,052	2.2	84
AMERIQUEST MORTGAGE COMPANY	188	2.9	23,006	3.1	122
COMMERCE BANK, N.A.	142	2.2	11,767	1.6	83
MINOTOLA NATIONAL BANK	140	2.2	12,955	1.8	93
WELLS FARGO BANK, N.A.	138	2.2	16,340	2.2	118
BENEFICIAL HOMEOWNERS SERVICE	135	2.1	8,090	1.1	60
MILLVILLE SAVINGS & LOAN	132	2.1	12,072	1.6	91
SUN NATIONAL BANK	130	2.0	10,218	1.4	79
WASHINGTON MUTUAL BANK	125	2.0	17,140	2.3	137
FREMONT INVESTMENT & LOAN	120	1.9	13,651	1.9	114
OPTION ONE MORTGAGE CORP.	116	1.8	14,706	2.0	127
AURORA FINANCIAL GROUP INC.	116	1.8	14,401	2.0	124
NEW CENTURY MORTGAGE CORPORATION	116	1.8	13,161	1.8	113
NEWFIELD NATIONAL BANK	111	1.7	6,560	0.9	59
CENTURY SAVINGS BANK	103	1.6	7,623	1.0	74
KEYBANK NATIONAL ASSOCIATION	97	1.5	5,906	0.8	61
PNC BANK, N.A.	84	1.3	5,184	0.7	62
PHH MORTGAGE CORPORATION	83	1.3	10,246	1.4	123
GMAC MORTGAGE CORPORATION	81	1.3	10,003	1.4	123
JPMORGAN CHASE BANK	76	1.2	9,218	1.3	121
GMAC BANK	72	1.1	8,420	1.1	117
Total of Top 25 Lenders	3,698	57.7	392,881	53.4	106
All Lenders (288)	6,411	100.0	736,701	100.0	115

Source: CRA Wiz, copyright held by PCi Services, Inc., 800-261-3111

Table 2: Top 25 Reporters in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – All Home Mortgage Originations to LMI Borrowers in MSA

Institution Name	Number of Loans	Market Share %	Total Dollar Amount ($000's)	Market Share %	Average Loan Size ($000's)
GATEWAY FUNDING DIV MTG SVCS	122	8.0	12,457	9.6	102
COLONIAL BANK, F.S.B.	61	4.0	3,471	2.7	57
COUNTRYWIDE HOME LOANS	58	3.8	5,212	4.0	90
AMERIQUEST MORTGAGE COMPANY	53	3.5	5,136	3.9	97
BANK OF AMERICA, N.A.	43	2.8	2,734	2.1	64
NATIONAL CITY BANK OF INDIANA	42	2.8	3,968	3.0	94
OPTION ONE MORTGAGE CORP.	36	2.4	3,490	2.7	97
COMMERCE BANK, N.A.	36	2.4	2,493	1.9	69
WELLS FARGO BANK, N.A.	35	2.3	3,634	2.8	104
FREMONT INVESTMENT & LOAN	35	2.3	3,277	2.5	94
BENEFICIAL HOMEOWNERS SERVICE	35	2.3	1,910	1.5	55
MINOTOLA NATIONAL BANK	34	2.2	2,419	1.9	71
SUN NATIONAL BANK	30	2.0	1,859	1.4	62
PNC BANK, N.A.	29	1.9	1,255	1.0	43
AURORA FINANCIAL GROUP INC.	27	1.8	2,476	1.9	92
ARGENT MORTGAGE COMPANY L.L.C.	26	1.7	2,500	1.9	96
MILLVILLE SAVINGS & LOAN	26	1.7	1,039	0.8	40
GMAC BANK	24	1.6	2,506	1.9	104
ATLANTIC COAST MORTGAGE	22	1.4	2,452	1.9	111
PHH MORTGAGE CORPORATION	22	1.4	1,985	1.5	90
KEYBANK NATIONAL ASSOCIATION	22	1.4	1,336	1.0	61
NEW CENTURY MORTGAGE CORPORATION	21	1.4	1,928	1.5	92
HUDSON UNITED BANK	21	1.4	1,000	0.8	48
NEWFIELD NATIONAL BANK	21	1.4	357	0.3	17
DECISION ONE MORTGAGE	20	1.3	2,280	1.8	114
Total of Top 25 Lenders	901	59.2	73,174	56.3	81
All Lenders (171)	1,524	100.0	130,463	100.0	86

Source: CRA Wiz, copyright held by PCi Services, Inc., 800-261-3111

Table 3: Top 25 Reporters in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – All Home Mortgage Originations in LMI Census Tracts in MSA

Institution Name	Number of Loans	Market Share %	Total Dollar Amount ($000's)	Market Share %	Average Loan Size ($000's)
GATEWAY FUNDING DIV MTG SVCS	76	8.0	6,901	7.6	91
NATIONAL CITY BANK OF INDIANA	45	4.8	5,086	5.6	113
COUNTRYWIDE HOME LOANS	41	4.3	3,751	4.1	91
AMERIQUEST MORTGAGE COMPANY	28	3.0	2,597	2.8	93
NEW CENTURY MORTGAGE CORPORATION	25	2.6	2,544	2.8	102
COLONIAL BANK, F.S.B.	23	2.4	1,209	1.3	53
WELLS FARGO BANK, N.A.	22	2.3	2,042	2.2	93
BANK OF AMERICA, N.A.	22	2.3	1,680	1.8	76
MILLVILLE SAVINGS & LOAN	21	2.2	1,614	1.8	77
OPTION ONE MORTGAGE CORP.	19	2.0	2,097	2.3	110
EQUIFIRST CORPORATION	19	2.0	2,021	2.2	106
AURORA FINANCIAL GROUP INC.	19	2.0	1,845	2.0	97
SUN NATIONAL BANK	18	1.9	1,544	1.7	86
BENEFICIAL HOMEOWNERS SERVICE	18	1.9	1,096	1.2	61
COMMERCE BANK, N.A.	17	1.8	1,454	1.6	86
PNC BANK, N.A.	17	1.8	906	1.0	53
JPMORGAN CHASE BANK	16	1.7	1,712	1.9	107
EQUITY ONE, INC.	16	1.7	1,615	1.8	101
WASHINGTON MUTUAL BANK	15	1.6	4,376	4.8	292
MINOTOLA NATIONAL BANK	14	1.5	1,581	1.7	113
FREMONT INVESTMENT & LOAN	14	1.5	1,169	1.3	84
K. HOVNANIAN AMERICAN MORTGAGE	13	1.4	2,786	3.1	214
ARGENT MORTGAGE COMPANY L.L.C.	13	1.4	1,147	1.3	88
ATLANTIC COAST MORTGAGE	11	1.2	1,283	1.4	117
LONG BEACH MORTGAGE CO.	10	1.1	1,172	1.3	117
Total of Top 25 Lenders	552	58.4	55,228	60.6	100
All Lenders (142)	946	100.0	91,341	100.0	97

Source: CRA Wiz, copyright held by PCi Services, Inc., 800-261-3111

Small-Business and Small-Farm Lending

Table 4: Top 10 Reporters in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – All Small-Business Originations in MSA

Institution Name	Number of Loans	Market Share %	Total Dollar Amount ($000's)	Market Share %	Average Loan Size ($000's)
CITIBANK USA, N.A.	548	20.4	2,315	3.4	4
CAPITAL ONE, F.S.B.	417	15.5	2,098	3.1	5
MBNA AMERICA (DELAWARE), N.A.	402	15.0	3,187	4.7	8
CHASE BANK USA, N.A.	301	11.2	2,436	3.6	8
GE CAPITAL FINANCIAL INC.	187	7.0	701	1.0	4
BANK OF AMERICA, N.A.-USA.	174	6.5	1,794	2.7	10
ADVANTA BANK CORP.	149	5.6	1,571	2.3	11
SUN NATIONAL BANK	97	3.6	14,421	21.4	149
WELLS FARGO BANK, N.A.	91	3.4	2,604	3.9	29
PNC BANK N.A.	57	2.1	6,876	10.2	121
Total of Top 10 Lenders	2,423	90.3	38,003	56.3	16
All Lenders (45)	2,683	100.0	67,352	100.0	25

Source: CRA Wiz, copyright held by PCi Services, Inc., 800-261-3111

Table 5: All Small-Farm Originations in the Vineland-Millville-Bridgeton, NJ MSA in 2005

Institution Name	Number of Loans	Market Share %	Total Dollar Amount ($000's)	Market Share %	Average Loan Size ($000's)
CAPITAL ONE, F.S.B.	27	67.5	174	17.0	6
CHASE BANK USA, N.A.	5	12.5	33	3.2	7
BANK OF AMERICA, N.A.-USA.	4	10.0	29	2.9	7
HUDSON UNITED BANK	2	5.0	775	75.9	388
WELLS FARGO BANK, N.A.	2	5.0	10	1.0	5
All Lenders (5)	40	100.0	1,021	100.0	26

Source: CRA Wiz, copyright held by PCi Services, Inc., 800-261-3111

Table 6: Top 10 Reporters in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – All Originations to Small Businesses in MSA with Annual Gross Revenues Less Than or Equal to $1 Million

Institution Name	Number of Loans	Market Share %	Total Dollar Amount ($000's)	Market Share %	Average Loan Size ($000's)
MBNA AMERICA (DELAWARE), N.A.	242	21.1	1,698	5.7	7
CITIBANK USA, N.A.	185	16.1	1,022	3.4	6
CAPITAL ONE, F.S.B.	177	15.5	967	3.2	5
ADVANTA BANK CORP.	149	13.0	1,571	5.3	11
BANK OF AMERICA, N.A.-USA.	73	6.4	965	3.2	13
WELLS FARGO BANK, N.A.	70	6.1	1,893	6.4	27
GE CAPITAL FINANCIAL INC.	51	4.5	219	0.7	4
PNC BANK, N.A.	34	3.0	2,118	7.1	62
SUN NATIONAL BANK	30	2.6	3,898	13.1	130
HUDSON UNITED BANK	25	2.2	1,454	4.9	58
Total of Top 10 Lenders	1,036	90.5	15,805	53.0	15
All Lenders (45)	1,146	100.0	29,820	100.0	26

Source: CRA Wiz, copyright held by PCi Services, Inc., 800-261-3111

Table 7: All Originations to Small Farms in the Vineland-Millville-Bridgeton, NJ MSA in 2005 with Annual Gross Revenues Less Than or Equal to $1 Million

Institution Name	Number of Loans	Market Share %	Total Dollar Amount ($000's)	Market Share %	Average Loan Size ($000's)
CAPITAL ONE, F.S.B.	25	83.3	160	16.7	6
HUDSON UNITED BANK	2	6.7	775	80.7	388
BANK OF AMERICA, N.A.-USA.	2	6.7	20	2.1	10
WELLS FARGO BANK, N.A.	1	3.3	5	0.5	5
All Lenders (4)	30	100.0	960	100.0	32

Source: CRA Wiz, copyright held by PCi Services, Inc., 800-261-3111

Table 8: Number of Loans by Tract Income in the Vineland-Millville-Bridgeton, NJ MSA in 2005

Originated Loan	Tract Income as % of MSA Median Income
	Low (<50%)	Moderate (50-79%)	Middle (80-119%)	Upper (≥120%)	Total
Small Business	150	351	1,270	800	2,571
Small Farm	0	4	15	18	37
Total	150	355	1,285	818	2,608

Source: CRA Wiz, copyright held by PCi Services, Inc., 800-261-3111

Table 9: Number of Loans by Tract Income in the Vineland-Millville-Bridgeton, NJ MSA in 2005 – Businesses with Annual Gross Revenues Less Than or Equal to $1 Million

Originated Loan	Tract Income as % of MSA Median Income
	Low (<50%)	Moderate (50-79%)	Middle (80-119%)	Upper (≥120%)	Total
Small Business	65	145	565	333	1,108
Small Farm	0	3	14	13	30
Total	65	148	579	346	1,138

Source: CRA Wiz, copyright held by PCi Services, Inc., 800-261-3111

• Last updated: Monday, October 29, 2007

Home > Community Development > Community Profiles > Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA) > Community Organizations

Community Profile: Vineland-Millville-Bridgeton, NJ Metropolitan Statistical Area (MSA)

Community Organizations

This section provides information about affordable housing, social service, economic development, and community revitalization organizations in the area whose interests, activities, and initiatives improve the housing conditions and employment opportunities of residents. These groups represent potential partners for bankers seeking to more fully address the credit needs of each region’s low- and moderate-income people and communities.

The information in this section is obtained directly from the websites of the community organizations.

To view community organizations for a specific community development expertise, select an option from the menu below and click the "View" button.

show all community organizations Affordable Housing for Low- and Moderate-Income Individuals Services to Low- and Moderate-Income Individuals Economic Development Revitalization of Low- and Moderate-Income Communities

• Affordable Homes of Millville Ecumenical, Inc. (AHOME)
• Cumberland Development Corporation (CDC)
• Lutheran Social Ministries of New Jersey
• Housing and Economic Opportunities, Inc. (HEO)
• Rural Opportunities, Inc (ROI)
• The Salvation Army New Jersey Division
• Tri-County Community Action Partnership

Affordable Homes of Millville Ecumenical, Inc. (AHOME)

Mission

To provide homeownership opportunities for families that qualify and to renovate dilapidated housing (with an emphasis on rental units) into safe, decent, and saleable homes at an affordable price.

Year of Origin

1991

Core Programs

• Preserving and rehabilitating existing houses and building new ones in accordance with the Urban Home Ownership Recovery Program (UHORP) to develop affordable housing opportunities for families in all income brackets
• Project coordinator for UHORP and responsible for the direction the program takes with regard to property and family selection, renovation, and overall program strategy

Service Areas

City of Millville

Contact Information

Affordable Homes of Millville Ecumenical, Inc. (AHOME)
400 E. Main Street
Millville, NJ 0832
Phone: 856-293-0100
Fax: 856-293-0101
Website: N/A

Cumberland Development Corporation (CDC)

Mission

To promote economic development in the region while stimulating increased coordination, cooperation, and communication between business and government.

Year of Origin

1995

Core Programs

• Assists in business retention and expansion efforts. Includes visits to and communication with area businesses to establish good relationships
• Works with businesses that want to expand in the region and seeks solutions to challenges identified by area businesses
• Markets the region and follows up on leads for new businesses
• Develops projects such as the proposed regional industrial park, using combined resources and innovative revenue and cost-sharing approaches
• Promotes regional planning and cooperation to encourage economic development plans and projects that make effective use of land, produce more jobs per acre, reduce the costs of infrastructure construction, conserve open space and farmland, protect the environment, and preserve the rural, small-town quality of life found in the region
• Works on independent projects for each municipal partner for economic and community development
• Provides a forum for municipal and business leaders to discuss common challenges, to share solutions, and to promote cooperation

Service Areas

Southern New Jersey municipalities of Commercial, Deerfield, Downe, Fairfield, Greenwich, Hopewell, Lawrence, Maurice River, Shiloh, Stow Creek, and Upper Deerfield.

Contact Information

Cumberland Development Corporation
P.O. Box 1021
Bridgeton, NJ 08302
Phone: 856-451-4200
Fax: 856-453-9795
Website: http://www.cdcnj.com/

Lutheran Social Ministries of New Jersey

Mission

The mission of Lutheran Social Ministries of New Jersey is to serve those in New Jersey who hurt, who are in need, or who have limited choices.

Year of Origin

1904

Core Programs

• Affordable Family Housing: Apartments, town homes, and for-sale homes for family in need of affordable housing.
• Affordable Senior Housing: Apartments for seniors in a variety of urban and suburban settings.
• Senior Health Care: Residential, skilled nursing, and respite care provided in historic Moorestown.
• Special Needs Housing: Housing for those with special needs, both physical and emotional, as well as transitional housing for women with dependent children.
• Housing Development: Pursue housing development opportunities within the State of New Jersey.
• Community Residential Services: Emergency children's shelter and housing for developmentally disabled women.
• Community Outreach Services: Adoption options, assisted living program, community partnering, Lutheran disaster response, immigration and refugee services, Lutheran counseling service, speakers' bureau.

Service Area

New Jersey

Contact Information

Lutheran Social Ministries of New Jersey
6 Terri Lane
Suite 300
Burlington, NJ 08016
Phone: 609-386-7171
Fax: 609-386-7191
Website: http://www.lsmnj.org/

Housing and Economic Opportunities, Inc. (HEO)

Mission

HEO is dedicated to helping low- and moderate-income families and individuals find affordable housing and appropriate employment

Year of Origin

1992

Core Programs 

• Purchases and rehabilitates foreclosed and abandoned homes and then markets those homes to low- and moderate-income families at an affordable price or rent
• Offers homeownership counseling, long-term credit/budget counseling and home maintenance/repair education
• Offers environmental testing services
• Manages affordable rental housing properties for seniors  
• Sponsors the Mortgage Readiness Initiative--a financial/ homeownership counseling program that includes an IDA (Individual Development Account) program

Service Area

Camden, Gloucester, Salem, Cumberland, Cape May and Atlantic Counties in New Jersey

Contact Information

Housing and Economic Opportunities, Inc.
600 Cuthbert Blvd.
Westmont, New Jersey 08108
Telephone: (856) 858-0303
Fax: (856) 858-0163
Email: shelia@njhousing.net
Website: http://www.njhousing.net/index.html

Rural Opportunities, Inc (ROI)

Mission

The New Jersey division of Rural Opportunities, Inc. serves as a bridge to assist low- and moderate-income farmworkers to improve their social and economic conditions. Additionally, it strives to address critical community problems through the development of housing, jobs, and physical infrastructure.

Year of Origin

1969

Core Programs

• Adult training and employment through many projects, such as a farmworker jobs program and youth and family services
• Child development through child and family development, migrant head start, reading is fundamental, private-subsidized child care, and USDA food program projects
• Economic development through the Enterprise Center, an affiliate corporation
• Emergency and supportive services through the farmworker emergency services and the emergency food and shelter projects
• Housing services, such as the ROI homeownership program and the housing technical assistance projects
• Real estate development through the following projects: affordable rental housing development, single-family for-sale home development, farmworker housing technical assistance, and commercial real estate development
• Seeds of success financial literacy and entrepreneurship curriculum
• Youth education and training through Project YES (Youth Experiencing Success) and Project SAVE (Seeing Alternatives & Valuing Education)
• Volunteer initiatives through the board and committee development and the volunteer leadership project

Service Areas

Economically depressed areas of New York, Pennsylvania, New Jersey, Ohio, Indiana, Vermont, and Puerto Rico

Contact Information

Rural Opportunities, Inc.
78 W. Landis Avenue
Vineland, NJ 08360
Phone: 856-696-1000
Fax: 856-696-4892
Website: http://www.ruralinc.org

The Salvation Army New Jersey Division

Mission

In addition to its evangelical mission, the Salvation Army operates a number of social programs that serve low- and moderate-income individuals and their families.

Year of Origin

1878

Core Programs

• Provides services to veterans and military personnel
• Offers parenting and family life education
• Distributes new and used clothing to needy families
• Holds food in pantries to help meet emergency needs
• Provides assistance for basic needs for those who are homeless

Service Area

There are 31 Corps Community Centers in New Jersey, including Bridgeton Corps and Vineland Corps.

Contact Information

• The Salvation Army – Bridgeton Corps
  29 West Commerce Street
  Bridgeton, NJ 08302
  Phone: 856-451-0999
  Fax: 856-453-3682
  Website: http://www.newjerseysalvationarmy.org
• The Salvation Army – Vineland Corps
  733 E. Chestnut Avenue
  Vineland, NJ 08360
  Phone: 856-696-5050
  Fax: 856-696-0661
  Website: http://www.newjerseysalvationarmy.org

Tri-County Community Action Partnership

Mission

To provide social services that improve quality of life and promote self-sufficiency.

Year of Origin

1987

Core Programs

• Distributes food products to churches and other food pantries annually
• Provides a number of options for affordable housing and transitional housing for families.
• Helps individuals with Alzheimer's disease and their caregivers solve the issues that face them daily.
• Honors individuals who have served the community and provided leadership and guidance to their fellow citizens. Induction of new members occurs every May.
• Offers college students an alternative to spring break vacations by affording them the opportunity to volunteer in the child-care centers and assist with other social service initiatives.
• Provides child-care services for children ages 0-5 years and all child-care needs met at one place.
• Helps people learn to control their finances, start businesses, and achieve financial freedom.
• Offers ESL courses, remedial reading, and tutoring services to battle illiteracy.
• Sponsors clothing drives, distributes holiday food baskets and holiday toys, and offers energy assistance and other services to help clients meet the basic needs of daily living.
• Helps women, infants, and children maintain healthy nutrition with its voucher program

Service Area

Cumberland, Gloucester, and Salem Counties

Contact Information

Tri-County Community Action Partnership
110 Cohansey Street
Bridgeton, NJ 08302
Phone: 856-451-6330
Fax: 856-455-7288
Website: http://www.tricountycaa.org

• Last updated: Monday, June 2, 2008

Home > Community Development > Community Profiles > Funding Sources

Community Profiles

Funding Sources

There are public funds to support affordable housing, social service, economic development, and community revitalization initiatives at the national, state, and local levels. This support can be in the form of a grant, loan, or loan guarantee. The information in this section was obtained directly from the websites of the organizations that administer the programs. Contact each organization for specific information about the programs and services it offers.

To view funding sources at the national, state, and local levels, select an option from the menu below and click the "View" button.

- select an option - National Funding  Delaware  New Jersey  Pennsylvania  Allentown-Bethlehem-Easton, PA MSA  Altoona, PA MSA  Atlantic City, NJ MSA  Camden, NJ MD  Dover, DE MSA  Harrisburg-Carlisle, PA MSA  Lancaster, PA MSA  Ocean City, NJ MSA  Ocean County, NJ  Philadelphia, PA MD  Reading, PA MSA  Scranton-Wilkes-Barre, PA MSA  State College, PA MSA  Trenton-Ewing, NJ MSA  Vineland-Millville-Bridgeton, NJ MSA  Williamsport, PA MSA  Wilmington, DE-MD-NJ MD

Go to the main page of the Vineland-Millville-Bridgeton, NJ MSA.

Vineland-Millville-Bridgeton, NJ MSA Funding Sources

City of Vineland Home Ownership Assistance Program (HOAP)

The Home Ownership Assistance Program (HOAP) promotes homeownership in center city Vineland. The program is part of a multi-faceted approach to revitalizing center city and is supported by funds from the Cumberland Empowerment Zone Corp.

HOAP provides interest-free loans of up to $2,500 for use toward down payment and closing costs for the purchase of a home used for principal residence. The loan is repaid when the property is sold or ceases to be used as a principal residence. There are no income limits for participation in the program. Participants must provide at least $500 toward closing or down payment from sources other than the program. Funds are available only for homes between Park, Chestnut and West avenues and Myrtle Street. Additional information about the program is available at the city's Strategic Neighborhood Assistance Program website.

City of Bridgeton, NJ Office of Community Development

The Office of Community Development is a division of the Development and Planning Department. Its responsibilities include preserving, promoting, and developing the city's interests in the areas of housing, public facilities, neighborhood improvements, and community services; researching, applying for, and working with other city departments, offices, or agencies to secure operation and program funding; and administering state, federal, and private grant funding for the city-sponsored programs. Additional information about these programs is available through the City of Bridgeton, NJ Office of Community Development's website.

Cooperative Business Assistance Corporation (CBAC)

The Cooperative Business Assistance Corporation (CBAC) facilitates opportunities for banks to make business loans in the city of Camden, New Jersey, and six counties located in southern New Jersey (Atlantic, Camden, Cape May, Cumberland, Gloucester, and Salem counties). CBAC offers small-business owners and entrepreneurs below-market interest rate loans, technical assistance, and a professional referral network. By strengthening small businesses, CBAC provides funding that creates jobs, provides necessary services to local residents, and rehabilitates vacant properties, which ultimately contribute to the stabilization of the community.

Additional information about the loan programs and services offered by CBAC is available through its website.

• Last updated: October 20, 2010