Crown Bank

Crown Bank

Overview / Commentary
400 Westminster Avenue
Elizabeth, NJ 07208

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.

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 - YTD2.95%
Return on Equity - YTD12.12%
Annual Interest Income$8.0MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$545.6MM$569.9MM
LoansQ1 2023vs Q1 2022$457.7MM$422.8MM
DepositsQ1 2023vs Q1 2022$389.3MM$423.3MM
Equity CapitalQ1 2023vs Q1 2022$134.5MM$125.5MM
Loan Loss AllowanceQ1 2023vs Q1 2022$4.5MM$6.4MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$11.9MM$7.8MM
Real Estate OwnedQ1 2023vs Q1 2022$12.5MM$6.2MM

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