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COMMERCIAL ACCOUNTS

 

Business Checking Account 

Designed with the small business in mind:
·    Minimum deposit of $50.00 required to open account
·    Maintain a $1,000.00 daily balance to avoid a monthly service fee
·    No fees for checks paid, deposited items or deposit tickets

Non-Profit Now Interest Checking Account
Interest bearing checking account for non-profit organizations and sole proprietors:
·    Minimum deposit of $50.00 required to open account
·    Maintain a $500.00 daily balance to avoid a monthly service fee
·    No fees for checks paid, deposited items or deposit tickets

 

Business Money Market Account
A Business Money Market Account is an excellent place to keep funds on ready reserve, earning interest.
·    Minimum deposit of $50.00 required to open account
·    Maintain a $1,000.00 daily balance to avoid a monthly service fee
·    Tiered interest rates
·    Up to six preauthorized transfers/withdrawals per monthly statement cycle


Prestige Business Money Market Account
A Prestige Business Money Market Account is an excellent place to keep funds on ready reserve, earning interest.
·    Minimum deposit of $5,000.00 in new money required to open account
·    Maintain a $1,000.00 daily balance to avoid a monthly service fee
·    Tiered interest rates
·    Up to six preauthorized transfers/withdrawals per monthly statement cycle

Business Statement Savings Account

Interest-bearing savings account for business customers:
·    Minimum deposit of $50.00 required to open account
·    Maintain a $100.00 daily balance to avoid a monthly service fee
·    Tiered interest rates
·    Up to six preauthorized transfers/withdrawals per monthly cycle

Prestige Business Statement Savings Account

Interest-bearing savings account for business customers:
·    Minimum deposit of $5,000.00 in new money required to open account
·    Maintain a $100.00 daily balance to avoid a monthly service fee
·    Tiered interest rates
·    Up to six preauthorized transfers/withdrawals per monthly 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, and then choose your term accordingly. 
·    Choose from a variety of terms
·    Fixed rate of interest for the full term of the CD
·    Minimum opening deposit of $1,000.00
·    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.
  • SBA Loans - Crown Bank has been named an SBA Preferred Lender. This designation allows Crown Bank to be more responsive to small businesses in obtaining SBA Loans.

 

 


 



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