Since its founding, Cross River Bank in Northern New Jersey has made a commitment to staying ahead of the curve in technology.
In Spring 2020, the community bank was able to raise $250 million of deposits in just 15 days. This rapid rate of growth is almost unheard of among community banks — and it helped Cross River become a leading PPP loan provider for small businesses during the on-going COVID-19 crisis.
Cross River needed to raise funds quickly and efficiently to create liquidity for these loans. With the help of MANTL’s online account opening platform, the bank’s leaders built a streamlined user experience that enabled them to convert new customers and grow deposits in record time.
Learn more about how Cross River used cutting-edge technology and the right partnerships to seize new opportunities — while remaining tied to its roots as a community bank.
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