Brix Direct, a division of Cross River Bank:
Online Certificate of Deposit - 0.20% APY

• Minimum deposit to open account and minimum balance to obtain APY is $50,000 for all customers.
• Interested will be compounded daily and will be credited to the account monthly
• For CDs with terms of 3, 6, 9 months or 1-year the fee will be equal 91 days interest on the amount withdrawn subject to penalty. For CDs with terms of greater than 1 year, the fee will be equal 182 days interest on the amount withdrawn subject to penalty. (In certain circumstances the law permits or may require the waiver of the early withdrawal penalty).

Fee and Feature Guide

Certificate of Deposit
Interest Rate
APY 0.20%
Term Length 12 Month
Minimum deposit amount $50,000.00
Maximum deposit amount N/A
Balance Requirements
Minimum Opening Deposit $50,000.00
Minimum Balance to Avoid Fees $0.00
Minimum Required Balance $0.00
Early withdrawal penalty 91 days interest
Monthly Maintenance Fee N/A
Foreign ATM Fees N/A
Insufficient Funds Fee N/A
Incoming Wires N/A
Paper Statements Yes
Online Statements Yes
Online and Telephone Banking
Online Banking Yes
Telephone Banking Yes
Mobile Banking Yes
Deposit Checks with Mobile Device Yes
Free Bill Pay Yes
Online Bill Payments Required Yes
Account Opening
Open Online Yes
Insured by F.D.I.C.

Customer Reviews for Brix Direct, a division of Cross River Bank

  • April 28, 2020

    Online CDs 12 Month Rates

    Party's over, folks. One year CD, minimum $50k now yields just 1.41%.

  • April 27, 2020

    I tried for 3 days to open an account.
    I called the help center it took at least a day to get a retutn call.
    The first two calls were not informative.
    I got a call on Sunday and my question was answered.
    Brix direct cannot take an ach from Fidelity invt, one of the largest money managers on the planet. They should make that clear in their instructions.

  • April 26, 2020 |

    Online CDs 12 Month Rates

    Update: Received "Day 1" and "Day 2" emails from Brix/CR (a little strange) - now some undesirable elements are laid bare. Seems, at the present anyway, one would need to print a beneficiary form (paper!), complete it (ink!) and mail it in (USPS!) Same for linking an external bank for ACH transfers - one might imagine such a link would exist for the required funding bank, seems it does not. Sincerely hope the absurdity of this will come to light and elicit some changes. For now taking the good with the bad.

  • April 24, 2020 |

    Online CDs 12 Month Rates

    Opened a one year, 2.28 APY CD yesterday. No trouble whatsoever. Seamless, intuitive website. Pages loaded quickly, layout clean and concise. Couldn't be happier!

  • April 24, 2020 |

    Online CDs 12 Month Rates

    They just went live with BrixDirect this month and had some issues early on. I just used their website and opened and funded a new 12 mo. CD in a matter of minutes. Once opened, it took only a few minutes to add a joint owner. So far, the best of the online banks I have experienced.

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