Crown Bank is headquartered in ELIZABETH and is the 37th largest bank in the state of New Jersey. It is also the 1,644th largest bank in the nation. It was established in 1998 and as of March of 2023, it had grown to 76 employees at 13 locations. Crown Bank has a C+ health rating.
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.
Overall | |
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FDIC Certificate # | 34259 |
Year Established | 1998 |
Employees | 76 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 2.95% |
Return on Equity - YTD | 12.12% |
Annual Interest Income | $8.0MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $545.6MM$569.9MM |
Loans | Q1 2023vs Q1 2022 | $457.7MM$422.8MM |
Deposits | Q1 2023vs Q1 2022 | $389.3MM$423.3MM |
Equity Capital | Q1 2023vs Q1 2022 | $134.5MM$125.5MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $4.5MM$6.4MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $11.9MM$7.8MM |
Real Estate Owned | Q1 2023vs Q1 2022 | $12.5MM$6.2MM |
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