On April 30, Cross River Bank announced the grand opening of its new headquarters in Fort Lee.

Located at 2115 Linwood Ave., the technology-focused financial services organization celebrated with a ribbon-cutting ceremony on April 29, joined by numerous New Jersey leaders and elected officials in attendance, along with Cross River board members and investors.

“We are immensely proud that in calling New Jersey home, Cross River has recognized the wealth advantages our state has to offer, including one of the most diverse and educated workforces in the country,” said Gov. Phil Murphy.

“Cross River and companies like them are exactly the type of innovative firms that will help bring our state once again to the forefront of the innovation economy,” he added.

“There is one address in the fintech industry, and that is Cross River. Our new headquarters is emblematic of our growth here in New Jersey, but more importantly, plants the seed of the future for Cross River,” said Gilles Gade, founder, chief executive officer and chairman of Cross River. “We thank Gov. Murphy and the NJEDA for their support and we’re thrilled to celebrate this momentous occasion with the entire Cross River family, together with our community partners and neighbors who have been right beside us from the very beginning.”

The state-chartered community bank’s new home stemmed from an award from a Grow NJ Grant that allowed it to purchase the new 70,000-square-foot building in Fort Lee.

“Attracting and supporting the growth of innovative companies that create good-paying jobs for New Jersey workers and support the success of other emerging New Jersey businesses is central to Gov. Phil Murphy’s plan for a stronger, fairer New Jersey economy,” said New Jersey Economic Development Authority CEO Tim Sullivan.

Since announced in 2019, Cross River has hired more than 400 team members, nearly doubling its workforce in New Jersey. Over the next year it plans to hire 100 more.

“In addition to creating hundreds of new jobs, Cross River is committed to helping entrepreneurs overcome challenges by improving access to capital and offering educational resources that help to prepare them for future opportunities. The NJEDA congratulates Cross River on opening this new office, and we are excited for their continued growth in New Jersey,” Sullivan continued.