Crown Bank

Crown Bank

Overview / Commentary
400 Westminster Avenue
Elizabeth, NJ 07208

Crown Bank is headquartered in Elizabeth and is the 40th largest bank in the state of New Jersey. It is also the 1,578th largest bank in the nation. It was established in 1998 and as of September of 2021, it had grown to 74 employees at 14 locations. Crown Bank has an A health rating.

Reviews (1)

Crown Bank in New Jersey

I banked with Crown Bank in New Jersey. My experience with them was sub par. They cater largely to businesses and small-time investments such as CDs. Their website is years behind the times. Their locations are largely inconvenient to get to unless you live in the northern part of the state. All in all, I do not recommend them as there are other banks with much more competitive products, convenient locations, and up-to-date online services.


Health Grade Components

FDIC Certificate #34259
Year Established1998
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD3.6%
Return on Equity - YTD16.78%
Annual Interest Income$23.4MM
Assets and Liabilities
AssetsQ3 2021vs Q3 2020$567.3MM$550.5MM
LoansQ3 2021vs Q3 2020$409.3MM$417.0MM
DepositsQ3 2021vs Q3 2020$418.2MM$402.5MM
Equity CapitalQ3 2021vs Q3 2020$123.1MM$111.9MM
Loan Loss AllowanceQ3 2021vs Q3 2020$5.9MM$9.5MM
Unbacked Noncurrent LoansQ3 2021vs Q3 2020$8.3MM$10.5MM
Real Estate OwnedQ3 2021vs Q3 2020$6.2MM$6.1MM

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