A+ | A- | Reset Font Size


Deposit & Checking

COMMERCIAL

Business Checking Account 

Designed with the small business in mind:
  • No fees for checks paid, deposited items or deposit tickets
  • Maintain a $1,000 daily balance to avoid a monthly service fee
  • Monthly statement listing checks paid in numerical order for ease in reconciling
  • On-line transfer ability between your Business Checking Account and other Crown accounts
  • Availability of Business Visa Check Card
Business Now Interest Checking Account
  • Interest-bearing checking account for sole proprietors or non-profit organizations
  • Maintain a $500 daily balance to avoid a monthly service fee
  • No per-item charges for deposits or checks
Business Money Market Account

A Crown Bank Money Market Account is an excellent place to keep funds on ready reserve, earning interest. Simply transfer the required amount to your checking account when necessary, then return it to your interest-bearing account in the interim. You are in control.
  • Minimum deposit of $50 required to open account.
  • Tiered interest rates 
  • Maintain a $1,000 daily balance to avoid a monthly service fee.
  • Up to six preauthorized transfers/withdrawals per monthly statement cycle. 
  • Unlimited number of deposits and withdrawals made in branch.
Statement Savings Account
  • Unlimited deposits and withdrawals at the bank
  • Interest earned from day of deposit to day of withdrawal, compounded daily and paid monthly
  • On-line or pre-authorized transfers between this and your deposit accounts at Crown Bank (by government regulations, transfers from any money market or savings account to another account or to third parties by preauthorized, automatic, telephone or computer transfer are limited to six per statement cycle.)
Escrow Manager Account

Crown Bank's Escrow Manager Account is designed for customers who have the need for a simplified, comprehensive product that relieves the administrative burden of maintaining multiple, separate escrow accounts.
  • One consolidated statement
  • Year-end 1099s
  • Provides audit trail
  • Easy banking
IOLTA Attorney Trust Account

Interest on Lawyers Trust Account (IOLTA) allows attorneys to combine non-interest bearing trust accounts into a single interest-bearing account, thus eliminating the cost of maintaining numerous individual fee-based accounts. A Crown Bank IOLTA Business Checking account affords you:
  • No monthly service fees
  • No per-item charges
  • Crown Bank pays interest monthly to IOLTA
Certificate of Deposit

Lock in favorable interest rates with a Crown Bank Certificate of Deposit. Decide how long you want to leave your money on deposit, then choose your term accordingly. 
  • Fixed rate of interest for the full term of the CD
  • Daily compounding credited monthly
  • Mniimum balance of $1,000.00
  • Interest credited to account or check mailed at your convenience
  • No service charge
  • Penalties for early withdrawal
Business Loan Services

Crown Bank offers an array of commercial lending options for professionals and executives, small business and middle market businesses. We’ll work with you to find the mix of lending services for your unique needs:
  • Commercial Mortgages – we offer flexible financing for purchase or refinance, for both owner and tenant-occupied commercial income properties.
  • Term Loans – we offer term loans to meet specific financing needs such as buying new equipment or upgrading existing equipment to expand your capacity or upgrade your operations.
  • Construction Loans – when you need to build, renovate or add to your existing facility, come and talk to our construction loan experts.

 



  
CROWN BANK CORPORATE OFFICE | PRIVACY STATEMENT | TELEPHONE: 1(908) 659-2100 | FAX: 1(908) 289-1601