Build a bridge to your financial future
Helping you cross over to a better tomorrow
Funding is only possible via ACH (set up during the application process). Wires or other transfers will not be accepted.
†Annual Percentage Yields (APYs) are accurate as of September 30, 2020. Minimum deposit to open account and minimum balance to obtain APY is $50,000 for all customers. CDs are subject to penalty for early withdrawal. Penalties may be waived under certain circumstances. Fees on checking accounts may reduce earnings. Rates are subject to change at any time. The rate you receive on your CD will be the advertised rate at the time you submit your application. Aggregate FDIC deposit insurance is $250,000 per depositor inclusive of both BrixDirect and Cross River Bank accounts. Please contact us for more information.
Great rates with the dependability you expect from the BrixDirect family
These rates are subject to change at the discretion of Cross River and will be reflected at the effective time of any changes. Rates are subject to change at any time. The rate you receive on your CD will be the advertised rate at the time you submit your application.
BrixDirect is Cross River Bank’s online banking service, offering an easy way for consumers to save money.
BrixDirect stems from Cross River’s heritage as an innovative and fast-growing financial services organization that merges the established expertise and traditional services of a bank with the forward-thinking offerings of a technology company.
BrixDirect offers great rates and the security and reliability that Cross River’s customers have come to expect.
Founded in 2008, Cross River, named as one of 2019’s “Fintech 50” by Forbes, is a New Jersey state-chartered FDIC insured bank.
Secure your financial future with a BrixDirect online account
You’ll need your contact information, US government-issued ID (either a driver’s license or a non-driver ID card) and Social Security number.
How does account opening work?
We offer great rates, which means a BrixDirect CD can help you meet your savings goals.
Apply for an account online by pressing the "Open an Account" button above. BrixDirect products are “online only” products and can only be opened online. These products require use of automated telephone banking, e-statements, and the option of using Internet Banking. Once your account has been opened, in order to reach customer support you must call 877-772-7211, email firstname.lastname@example.org, or visit the customer service portal. Please note that “walk-in” customer support is offered by our Branch, but is limited to only a specific set of services, such as receiving information on your accounts/CDs including balance and maturity date. You can open a Cross River account today by visiting our branch at 885 Teaneck Road, Teaneck NJ or by calling 877-55CRB55.
Once your account is open, you will receive two welcome packages via email. You will receive the first package approximately 1 business day after your application is approved. The following business day you will receive a second email. This will contain your Certificate, instructions on how to enroll in online banking (your account number is on the top of the certificate and also highlighted in red on the Setting Up Online Banking Access page), an ACH authorization form to be completed if you would like your monthly interest sent to you via ACH rather than having it deposited into the CD account, and a Beneficiary Designation form.
You can add a joint owner during account opening or you can request a form that you will need to complete through our Help button on the bottom right hand corner of BrixDirect.com. Once you click on the help button a contact form will pop up.
As part of account opening, you can fund your account through linking an existing bank account by signing into that bank’s online banking (this is included as one of the steps when opening your CD) or you can enter the routing number and account number of the account you would like to fund from manually (again this is an option when opening your CD). The only method to fund your CD is via ACH. Please note that at this time you must deposit $50,000 or more to fund a BrixDirect CD.
Unfortunately, the funding can only occur at the time of account opening (no exceptions) and by ACH only.
The Cross River FDIC number is: 58410
Once the accounts are open, you will receive two welcome packages via email. You will receive the first package approximately 1 business day after your application is approved. The following business day you will receive a second email. This will contain your Certificate, instructions on how to enroll in online banking (your account number is on the top of the certificate and also highlighted in red on the Setting Up Online Banking Access page), an ACH authorization form to be completed if you would like your monthly interest sent to you via ACH rather than having it deposited into the CD account, and a Beneficiary Designation form.
Up to 4 beneficiaries (individuals, trusts, charities, and/or businesses) can be assigned, these can be changed at anytime.
In your second welcome package email you will receive an ACH authorization form. Complete this form and email it to email@example.com. The email must come from the email address associated with your account.
Interested will be compounded daily and will be credited to the account monthly. The annual percentage yield assumes interest will remain on deposit until maturity. If interest is credited to another account, this may reduce earnings and may negate the effect of interest compounding.
Unfortunately, no. This product is only for individuals.
The accounts are only able to be opened online.
It can take anywhere from 1-3 business days.
Unfortunately, you cannot change the funding account selected.
$50,000 (this is subject to change at anytime without prior notification)
The CD is a fixed rate and only guaranteed at the time you submit your application. Rates and minimums can be changed at any time. However, once your application is submitted, the rate you receive is locked in for the term you chose.
There is no confirmed time. Rates, terms, and minimum deposit amounts can be changed at any time (except after account opening).
You will receive two welcome packages via email that contain the certificate of deposit, disclosures, beneficiary information, etc.
For CDs with terms of 3, 6, 9 months or 1-year the fee you may incur will equal 91 days interest on the amount withdrawn subject to penalty. For CDs with terms of greater than 1 year, the fee you may incur will equal 182 days interest on the amount withdrawn subject to penalty. (In certain circumstances the law permits or may require the waiver of the early withdrawal penalty).
The CD will automatically renew. A maturity notice will be mailed approximately 30 days prior to your maturity date. You need to contact firstname.lastname@example.org prior to maturity if you would like to close out the CD at maturity and have the funds sent to you via ACH or check, even if you have interest being sent to you via ACH.
No fees (except an early withdrawal penalty). Transfers are only available via ACH (or check at closing).
Yes, you will need to complete one CD. Then, you should go back to https://brixdirect.com/, select the term of the new CD you want and click the apply now button. On the screen titled “Let’s Get Started”, click the Log In button highlighted in blue on the right side of the screen. Enter the email address you used to open your first CD and you will get a verification number via email. You can use this same process to open as many CDs as you’d like.
Check your spam / junk email to ensure it did not go there in error. Request a different code, if you request a code multiple times, you may be locked out of the application and required to start the process from the beginning with a different email address.
Check your spam / junk email to ensure it did not go there in error.
You will receive an adverse action notice via email explaining the reasons for the decision.
Your deposits are FDIC insured by Cross River Bank in accordance with FDIC standards. Your aggregate FDIC deposit insurance is $250,000 per depositor inclusive of both BrixDirect and Cross River Bank accounts. You can find out more information at crossriver.com/fdic as well as https://www.fdic.gov/deposit/deposits/ and https://www.fdic.gov/deposit/diguidebankers/documents/joint-accounts.pdf.