With nearly two decades of experience in both the public and private sectors, Hon. Phil Goldfeder leads the Global Public Affairs department at Cross River. In this role, Phil spearheads all aspects of the Company’s external affairs, investor relations, government and policy, marketing, and social responsibility.

Phil began his career in public service as a community liaison for the New York City Council. This soon led to a position as a Director for the Mayor’s Community Affairs Unit under Michael Bloomberg, and then as New York Senator Charles E. Schumer’s Director of Intergovernmental Affairs.

In September of 2011, Phil was elected to represent the 23rd District in the New York State Assembly. After most of his district was devastated during Superstorm Sandy, Phil worked tirelessly with the banking and insurance industry to reform policies and author new laws to address issues in the wake of the storms devastation. In September of 2017, following his service in the Assembly, Phil joined Cross River to lead the growing Public Affairs department. At the time of introduction of the Paycheck Protection Program (PPP) in March 2020, Phil helped lead the Cross River team to mobilize internally, and offer a streamlined and automated system to provide more than $12 billion in funding to the most vulnerable small businesses in every state, as well as additional short-term relief efforts to communities in Cross River’s footprint and beyond.

Phil’s career in public service and expertise in crisis management, as well as his ability to enact positive change and develop deep relationships with diverse leaders on both the local and national levels, renders him an invaluable asset to Cross River and the banking and technology industries. Phil is a founder of the Online Lending Policy Institute (OLPI) and the co-founder of the American Fintech Council (AFC). He is an active industry leader as he engages policy makers and regulators, provides thought-leadership, and is frequently invited to speak on panels, roundtables, and conferences globally on banking, technology, financial literacy, and the new financial services landscape.