Business Banking

Customer-first. Built for business.

Business Checking

Effective: August 2, 2022 Minimum Balance to Obtain Annual Percentage Yield (APY) Interest Rates APY*

Prestige Money Market Checking

none

0.07%

0.07%

NJ IOLTA Checking

none

0.07%

0.07%

Attorney Trust Escrow

none

0.10%

0.10%

 

Business Savings

Effective: August 2, 2022 Minimum Balance to Obtain Annual Percentage Yield (APY) Interest Rates APY*

Prestige Business Tiered Savings

none 1.50% 1.51% †

† On all balance tiers

Certificate of Deposit

Effective: August 2, 2022  Minimum Balance to Obtain Annual Percentage Yield (APY) Interest Rates APY*

3 Month

$500.00

0.30%

0.30%

6 Month

$500.00

0.65%

0.65%

9 Month

$500.00

0.75%

0.75%

12 Month $500.00

1.25%

1.26%

18 Month $500.00

1.45%

1.46%

24 Month $500.00

1.60%

1.61%

36 Month $500.00

1.75%

1.77%

48 Month $500.00

1.50%

1.51%

 

*Annual Percentage Yields (APYs) are accurate as of August 2, 2022. Minimum deposit to open any checking or savings account is $0, certificates of deposit is $500 and Brix Direct certificates of deposit is $50,000 and minimum balance to obtain APY for all accounts indicated in tables. CDs are subject to penalty for early withdrawal. Fees on checking and savings accounts may reduce earnings. Rates are subject to change at any time.

FDIC deposit insurance is $250,000 per depositor.

Business Banking

Upgrade your business with Cross River. We are your trusted banking partner, offering a wide range of exclusive services tailored to help your business succeed. From cash management and merchant services, to competitive yields on business savings accounts, our dedicated team is here for you.