Once in awhile you may find a good deal at a local bank. Now, due to Coronavirus, you can open an account and CD by email and bank transfer. As recently as four weeks ago, all of Cross River’s CDs had competitive APYs. We are not affiliated with the financial institutions included in this website. The bank's savings account, I Connect Select Tiered Savings, also continues to offer very competitive rates. Contact [email protected] to report inaccurate info or to request offers be included in this website. Cross River was founded on the tenets of Compliance, Technology, and Leadership. When compared to the similar length-of-term CDs tracked by DepositAccounts.com that require a similar deposit and are available nationwide, Cross River Bank’s 24-month CD APY currently ranks first.*. For the time being, please be aware that the rates listed at DepositAccounts.com may not reflect the latest rates published by the banks and credit unions. Upgrade your business with Cross River. There are no residency restrictions associated with opening accounts. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Minimum deposit is $500. In the past year, Cross River Bank has increased its total non-brokered deposits by $246.94 million, an excellent annual growth rate of 21.57%. The top rate is 2.00% APY, but this requires a minimum balance of $500,000. To search for the best CD rates, either nationally available or state-specific, please refer to our CD Rates Table page. While this temporary branch location will be open Monday through Friday, only deposit and withdrawal transactions will be processed. Its 1-year CD rate is also very competitive with a 1.25% APY. More details about the application process are in the “Availability” section below. BrixDirect by Cross River Bank is a brand of Cross River Bank. There is no minimum opening deposit or balance requirement to earn the stated APY, and no stated balance cap. Headquartered in Teaneck, New Jersey, Cross River Bank has historically offered a portion of its product line through its online application to the residents of Connecticut, New Jersey, and New York, but opening a CD had to be done in-branch. Cross River Bank has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 2.51% (excellent) based on December 31, 2019 data. Please refer to our financial overview of Cross River Bank (FDIC Certificate # 58410) for more details. New money is required. At that time, the 24-month CD earned 2.94% APY, but the real star of the product line was the 48-month CD, which earned 3.56% APY. The above rates are accurate as of 4/4/2020. Its 3-year and 4-year CD rates have fallen since my July review, but they're still good deals: 2.00% APY for 3 years and 2.25% APY for 4 years. Any of Cross River Bank’s CDs can be opened with a $500 minimum deposit, and there is no stated balance cap.