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 1,570th largest bank in the nation. It was established in 1998 and as of June of 2021, it had grown to 73 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 - YTD2.77%
Return on Equity - YTD12.96%
Annual Interest Income$14.8MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$563.4MM$526.8MM
LoansQ2 2021vs Q2 2020$421.2MM$405.0MM
DepositsQ2 2021vs Q2 2020$418.0MM$392.9MM
Equity CapitalQ2 2021vs Q2 2020$119.3MM$108.0MM
Loan Loss AllowanceQ2 2021vs Q2 2020$7.6MM$9.5MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$9.2MM$10.4MM
Real Estate OwnedQ2 2021vs Q2 2020$6.2MM$6.2MM

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