Banks | Cross River Bank

Cross River Bank

Branches

Your current location is: New York, NY

Cross River Bank Locations

Rates - January 23, 2019

Your current location is: New York, NY

SAVINGS RATES APY MIN MAX
SAV
1.82% $0 - Compare
Compare with 2.45% APY Savings Builder from CIT Bank | Advertiser Disclosure ADVERTISEMENT

Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 58410
Date Established 2008
Assets $1.18 billion
Loans $0.94 billion
Deposits $0.89 billion
Capital $0.14 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.16 billion
Interest-bearing balances $0.16 billion
Total securities $0.02 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.94 billion
Loan loss allowance $0.02 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.06 billion
     Total Assets $1.05 billion

LIABILITIES
Total deposits $0.89 billion
      Interest-bearing deposits $0.47 billion
      Deposits held in domestic offices $0.89 billion
      % insured (estimated) 49.32%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.14 billion
Subordinated debt $0.00 billion
All other liabilities $0.02 billion
      Total Liabilities $1.05 billion
      Shareholders’ Equity $0.14 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.07 billion
Total Interest Expense $0.01 billion
Net interest income $0.06 billion
Provision for loan and lease losses $0.01 billion
Total non interest income $0.03 billion
Total non interest expense $0.04 billion
Pre-tax Net Operating Income $0.04 billion

Cross River Bank is an FDIC insured institution headquartered at 885 Teaneck Road, Teaneck, NJ 7666.
It was founded in 2008 and has approximately $1 billion in assets. Customers can open an account at one of its 1 branches.

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only.

  • 1
    ONLINE SAVINGS
    Cross River Bank
    Bank
    -
    $50,000
    N.A.
    1.82%
    8.92x (National Avg. - 0.20%)
    $0
    -
    SCENARIO
    Year Rate
    1.82%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 910 637
    2 50,910 927 649
    3 51,837 943 660
    4 52,780 961 672
    5 53,741 978 685
    6 54,719 996 697
    7 55,715 1,014 710
    8 56,729 1,032 723
    9 57,761 1,051 736
    10 58,812 1,070 749
    11 59,883 1,090 763
    12 60,973 1,110 777
    13 62,082 1,130 791
    14 63,212 1,150 805
    15 64,363 1,171 820
    16 65,534 1,193 835
    17 66,727 1,214 850
    18 67,941 1,237 866
    19 69,178 1,259 881
    20 70,437 1,282 897
    TOTAL $21,719 $15,203
  • 2
    ONLINE SAVINGS
    CIT Bank , ★ TOP PICK ★
    Online Bank
    -
    $50,000
    N.A.
    2.45%
    12.01x (National Avg. - 0.20%)
    $25,000
    -
    SCENARIO
    Year Rate
    2.45%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 1,225 858
    2 51,225 1,255 879
    3 52,480 1,286 900
    4 53,766 1,317 922
    5 55,083 1,350 945
    6 56,433 1,383 968
    7 57,815 1,416 992
    8 59,232 1,451 1,016
    9 60,683 1,487 1,041
    10 62,170 1,523 1,066
    11 63,693 1,560 1,092
    12 65,253 1,599 1,119
    13 66,852 1,638 1,147
    14 68,490 1,678 1,175
    15 70,168 1,719 1,203
    16 71,887 1,761 1,233
    17 73,648 1,804 1,263
    18 75,452 1,849 1,294
    19 77,301 1,894 1,326
    20 79,195 1,940 1,358
    TOTAL $31,135 $21,795