 She was reclassified back to DE-704 on 27 December 1957.On 16 December 1971, "Cronin" was towed out to sea and sunk as an aircraft target.Her final resting place is listed at 31° 43' N., 76° 15' W.

"Cronin" was awarded the American Campaign Medal, Asiatic-Pacific Campaign Medal, and European-African-Middle Eastern Campaign Medals for her World War II service.