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 1,556th largest bank in the nation. It was established in 1998 and as of June of 2022, it had grown to 72 employees at 13 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 - YTD3.37%
Return on Equity - YTD15.46%
Annual Interest Income$15.1MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$577.3MM$563.4MM
LoansQ2 2022vs Q2 2021$441.5MM$421.2MM
DepositsQ2 2022vs Q2 2021$427.0MM$418.0MM
Equity CapitalQ2 2022vs Q2 2021$129.9MM$119.3MM
Loan Loss AllowanceQ2 2022vs Q2 2021$6.6MM$7.6MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$6.8MM$9.2MM
Real Estate OwnedQ2 2022vs Q2 2021$6.4MM$6.2MM

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