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Crown Bank

Crown Bank

Overview / Commentary
400 Westminster Avenue
Elizabeth, NJ 07208

Crown Bank is headquartered in Elizabeth and is the 42nd largest bank in the state of New Jersey. It is also the 1,355th largest bank in the nation. It was established in 1998 and as of March of 2019, it had grown to 112 employees at 14 locations. Crown Bank has a B health rating.

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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 - YTD3.17%
Return on Equity - YTD17.61%
Annual Interest Income$6.8MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$536.0MM$547.2MM
LoansQ1 2019vs Q1 2018$376.5MM$359.4MM
DepositsQ1 2019vs Q1 2018$410.5MM$451.5MM
Equity CapitalQ1 2019vs Q1 2018$93.9MM$89.1MM
Loan Loss AllowanceQ1 2019vs Q1 2018$11.5MM$11.3MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$9.9MM$24.0MM
Real Estate OwnedQ1 2019vs Q1 2018$10.7MM$6.0MM

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