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 $9 billion in assets. Customers can open an account at one of its 1 branches.

Deposit Rates - December 22, 2024

SAVINGS RATES APY MIN
SAV
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Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58410
Date Established 2008
Assets $ 8.82 billion
Loans $ 6.39 billion
Deposits $ 7.02 billion
Capital $ 1,006.57 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 871.69 million
Interest-bearing balances $ 715.52 million
Total securities $ 1,112.63 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 6.39 billion
Loan loss allowance $ 121.61 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 6.40 million
All other assets $ 585.34 million
     Total Assets $ 7.81 billion

LIABILITIES
Total deposits $ 7.02 billion
      Interest-bearing deposits $ 5.74 billion
      Deposits held in domestic offices $ 7.02 billion
      % insured (estimated) 78.86%
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 $ 7.81 billion
      Shareholders’ Equity $ 1,006.57 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 389.22 million
Total Interest Expense $ 153.18 million
Net interest income $ 236.05 million
Provision for loan and lease losses $ 23.29 million
Total non interest income N.A.
Total non interest expense $ 199.48 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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Cross River Bank Locations