Cross River Bank is still pushing for their best savings account. This high yield savings account has the following interest rate:

• $10,000 to $49,999.99        1.00% APY
• $50,000 to $149,999.99     1.50% APY
• $150,000 to $499,999.99   1.75% APY
• $500,000 and up         2.00% APY

Take note that interest rates listed above are subject to change upon opening of your savings account, so make sure to check with the bank their current savings account rates to see if you will get a money in the bank deal. The bank does not provide detailed information on their website about the requirements for opening an account

Individuals who want to take advantage of this savings account rate will have to visit the bank to open an account. Make sure to bring identifications like: social security number, driver’s license and check which you will use to open an account. You may also contact the bank’s customer service hotline if you have other concerns regarding opening an account or inquire about their current interest rate on their savings account thru 201-808-7000.

Cross River Bank is headquartered in 885 Teaneck Road, Teaneck, New Jersey 07666.

The bank started it’s business in 2008. Currently, they have over $124.3 million in declared assets. Cross River Bank is insured by the Federal Deposit Insurance Corporation with certificate number 58410.