For information concerning Brix Direct, a division of Cross River Bank online bank, please click here .
Cross River Bank is an FDIC insured institution headquartered at
885 Teaneck Rd, Teaneck, NJ 07666.
It was founded in
2008 and has approximately $8 billion in assets. Customers can open an account at one of its 1 branches.
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details.
Use your VA Loan benefits to get cash from your home equity
Get a personalized quote fast with instant uploads and 24/7 access
Over 300,000 verified 5-star reviews
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes, insurance premiums or private mortgage insurance if applicable. Actual payments will be greater with taxes and insurance included. Click here for more information on rates and product details.
Overview 2025
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 58410
Date Established
2008
Assets
$ 8.27 billion
Loans
$ 5.77 billion
Deposits
$ 6.23 billion
Capital
$ 1,024.58 million
Summary Balance Sheet as of December 31, 2024
ASSETS
Cash & Balances due from depository institutions
$ 713.69 million
Interest-bearing balances
$ 707.26 million
Total securities
$ 1,297.09 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 5.77 billion
Loan loss allowance
$ 126.80 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
$ 7.45 million
All other assets
$ 585.34 million
Total Assets
$ 7.24 billion
LIABILITIES
Total deposits
$ 6.23 billion
Interest-bearing deposits
$ 5.12 billion
Deposits held in domestic offices
$ 6.23 billion
% insured (estimated)"
73.70%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 2.94 billion
Subordinated debt
N.A.
All other liabilities
$ 175.55 millionn
Total Liabilities
$ 7.24 billion
Shareholders’ Equity
$ 1,024.58 million
Summary Income Statement as of December 31, 2024
INCOME AND EXPENSES
Total Interest Income
$ 756.57 million
Total Interest Expense
$ 301.67 million
Net interest income
$ 454.91 million
Provision for loan and lease losses
$ 37.11 million
Total non interest income
$ 34.30 million
Total non interest expense
$ 410.14 million
Pre-tax Net Operating Income
$ 131.27 million
Customer Reviews for Cross River Bank (1)
Rated 1.00 stars out of 5 - based on 1 reviews
D Nielsen
July 23, 2021 |
Phone service is atrocious and online service not existent. I am just waiting for month interest to credit and then I will undo this one.
Branches
Click on location and enter new zip number to change."
Your current location is: Hackensack, NJ
D Nielsen
July 23, 2021 |
Phone service is atrocious and online service not existent. I am just waiting for month interest to credit and then I will undo this one.