Cross River Bank

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.

Deposit Rates - March 31, 2025

SAVINGS RATES APY MIN
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Overview 2025

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58410
Date Established 2008
Assets $ 8.44 billion
Loans $ 5.77 billion
Deposits $ 6.74 billion
Capital $ 1,000.29 million

Summary Balance Sheet as of September 30, 2024

ASSETS
Cash & Balances due from depository institutions $ 928.27 million
Interest-bearing balances $ 725.36 million
Total securities $ 1,241.79 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 5.77 billion
Loan loss allowance $ 126.32 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 6.37 million
All other assets $ 585.34 million
     Total Assets $ 7.44 billion

LIABILITIES
Total deposits $ 6.74 billion
      Interest-bearing deposits $ 5.75 billion
      Deposits held in domestic offices $ 6.74 billion
      % insured (estimated)" 72.84%
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 $ 7.44 billion
      Shareholders’ Equity $ 1,000.29 million

Summary Income Statement as of September 30, 2024

INCOME AND EXPENSES
Total Interest Income $ 579.62 million
Total Interest Expense $ 232.67 million
Net interest income $ 346.95 million
Provision for loan and lease losses $ 27.75 million
Total non interest income $ 15.17 million
Total non interest expense $ 308.42 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
  • 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.


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Branches

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