Cross River Bank
A New Jersey bank behind third-party lending programs, under an FDIC fair-lending consent order since March 2023.
Cross River Bank is a state-chartered bank in Fort Lee, New Jersey, supervised by the FDIC. Its FDIC consent order FDIC-22-0040b, dated March 8, 2023 and made public on April 28, 2023, covers credit offered “by, through, or in conjunction with the Bank” through third parties. The order bars the bank from signing a new third-party lending partner, letting a new partner offer credit through it, or launching a new credit product without the FDIC Regional Director’s written non-objection.
The FDIC had published no termination of the order as of September 26, 2026.
- Country
- United States
- Primary federal regulator
- FDIC
- State regulator
- New Jersey Department of Banking and Insurance
- Charter type
- State-chartered commercial bank, not a Federal Reserve member
- FDIC certificate number
- 58410
- Publicly announced fintech partners
- Affirm (Affirm Money Account and Affirm virtual card, per Affirm's disclosures)
- Enforcement actions (regulator records)
Document Regulator Issued Status FDIC-22-0040b consent order (fair lending, third-party lending) FDIC Mar 8, 2023 In force (no termination published) - Date checked
Questions
Is Cross River Bank under an enforcement order?
What does the Cross River consent order restrict?
Which fintechs does Cross River Bank work with?
See also
- Sponsor-bank enforcement tracker
- Sutton Bank, another sponsor bank named in Affirm’s card disclosures
- All sponsor banks
Sources
- FDIC consent order FDIC-22-0040b
- FDIC release of April 28, 2023
- Affirm disclosures
- Checked September 26, 2026.
Source: FDIC BankFind, the FDIC, OCC and Federal Reserve enforcement records and state regulators’ orders, plus partner announcements by the banks or fintechs, as linked in each profile. How we build and refresh profiles: methodology.