-

Cross River Celebrates National Nonprofit Day

With a strong focus on giving back and community engagement, Cross River continues to provide for nonprofit organizations across the globe

Company places strong emphasis on diversity to benefit even more families and communities

FORT LEE, N.J.--(BUSINESS WIRE)--Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today celebrates National Nonprofit Day, a day which brings awareness to nonprofit organizations and their lifechanging impact on communities.

“Cross River is proud of our unwavering commitment to community,” said Miriam L. Wallach, Head of Social Responsibility at Cross River. “Whether in our backyard or in someone else’s, through both equity and sweat equity, there is a thorough commitment to doing what is needed, where it is needed. Top down, the pledge to “do good” is at the very core of what we do.”

As a leading financial technology company reshaping global finance and financial inclusion, Cross River is deeply invested in supporting initiatives that help communities drive positive change for a better future. Cross River’s social impact spans philanthropic giving and social responsibility initiatives, including significant employee engagement.

Cross River matches employees charitable giving (up to $500 per employee) and so far in 2022, the global Cross River team has donated to a diverse range of charities close to employees’ hearts. These include, but are not limited to: financial empowerment, health and human services, economic development, education, family and children’s services, international relief, animal rescue, religious institutions and sports programming. Cross River also encourages employees to give back and provides every employee—remote or Fort Lee based—with two paid volunteer days. To date, employees have volunteered in states beyond Cross River’s geographic footprint, including Texas, California, Louisiana, Washington and Pennsylvania. As the company continues to grow, so do Cross River’s community efforts, financial literacy programming and philanthropic giving.

Cross River’s giving arm, Foundation@ Cross River, seeks to foster programming and initiatives focused on health, education and community support. Foundation@ Cross River is a section 501(c)(3) organization funded by Cross River Bank that makes charitable grants and funds initiatives, programs and projects in both the U.S. and Israel that seek to provide nonprofit and community organizations with funds and services that they need to achieve their goals. Foundation@ is intentional about aligning its mission to support the Bank’s regulatory compliance requirements under the Community Reinvestment Act. Through partnerships with nonprofit organizations, Cross River recognizes the role played by those that support the ongoing demands for services directly benefitting low-moderate-income communities and individuals, providing vital services like social services, job training, youth development programing and financial education.

About Cross River

Cross River provides technology infrastructure powering the future of financial services. Leveraging its proprietary real-time banking core, Cross River delivers innovative and scalable embedded payments, cards, lending and crypto solutions to millions of consumers and businesses. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion. Member FDIC. Find out more at www.crossriver.com.

Contacts

Media
Cross River
Eden Hoffman
Phone: 201-808-7000 x538
ehoffman@crossriver.com

Cross River


Release Versions

Contacts

Media
Cross River
Eden Hoffman
Phone: 201-808-7000 x538
ehoffman@crossriver.com

More News From Cross River

Cross River Powers X Money — The First P2P Payments Experience Built Into a U.S. Social Media Platform

FORT LEE, N.J.--(BUSINESS WIRE)--Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions today announced it will power X Money, the financial services platform built directly in the X app, as the social network advances its vision of becoming the everything app. Through the collaboration with Cross River, X becomes the first social media platform in the United States to embed FDIC-insured, interest-bearing accounts, a Visa debit card, and...

Cross River Expands Stripe Issuing Partnership to Help Power Agentic Commerce

FORT LEE, N.J.--(BUSINESS WIRE)--Cross River Bank ("Cross River"), a technology infrastructure provider that offers embedded financial solutions, today announced that it is expanding its partnership with Stripe to help power Stripe’s card issuing capabilities for agentic commerce. The partnership enables Stripe to offer businesses a secure, compliant way for agents to pay with cards on behalf of verified users. The initiative extends a relationship that began in 2019 when the two companies team...

Cross River Extends $250 Million Forward-Flow Commitment for Figure’s Crypto-Backed Loans

FORT LEE, N.J.--(BUSINESS WIRE)--Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced a forward-flow agreement with Figure Technology Solutions (“Figure,” Nasdaq: FIGR; OPEN: FGRS), the leading blockchain-native capital marketplace for the origination, funding, sale, and trading of blockchain-native assets. Through this agreement, Cross River’s Principal Finance Group (PFG) has committed to purchasing up to $250 million...
Back to Newsroom