Profiles · Principals
- Type
- Person
- Role
- Executive
- Programs
- PPP
- Updated
The profile
SVP of Public Affairs at Cross River Bank during PPP; CEO of the American Fintech Council since March 2023.
Identity and role
Phil Goldfeder was SVP of Public Affairs at Cross River Bank for roughly five years, and from March 2023 the CEO of the American Fintech Council (Banking Dive; AFC site).
Biography / career arc
Public-sector background: member of the New York State Assembly (LegiStorm); senior adviser to Senator Chuck Schumer and to Mayor Michael Bloomberg (LegiStorm; Banking Dive).
Pandemic-relief / PPP-EIDL role
After the December 2022 House report and the SBA's announcement that it would investigate the high-volume partner banks, Goldfeder was quoted defending Cross River's PPP work (American Banker/Banking Dive, quotations previously given here are not in any copy we have). Cross River originated 478,866 PPP loans (about $12.9 billion) across 2020–2021 through fintech partners including BlueVine and Kabbage (see the Cross River profile).
No separate personal or company-side PPP/EIDL loan, SVOG grant, Provider Relief Fund payment, or other own-relief receipt is identified in the cited sources for Phil Goldfeder.
Legal status / controversies
No personal enforcement action. Cross River's FDIC consent order concerned fair-lending compliance, not PPP (see the Cross River profile).
Where they are now (2025–2026)
CEO, American Fintech Council (AFC site; Banking Dive).
Sources held in this archive
Original source documents and archived captures
- Profile: Cross River Bank
- Banking Dive, "Cross River exec named CEO of American Fintech Council" Phil Goldfeder
- Cross River, ICBA National Community Bank Service Award recognition for PPP work
- American Fintech Council, mission and leadership materials
- LegiStorm, Y. Phillip Goldfeder biography
Sources
- Banking Dive, "Cross River exec named CEO of American Fintech Council" (Phil Goldfeder): Banking Dive, "Cross River exec named CEO of American Fintech Council" Phil Goldfeder (original: bankingdive.com · stored capture)
- Banking Dive, "SBA bars fintechs Womply, Blueacorn after PPP report" (Dec. 9, 2022), SBA statement and Goldfeder's response to American Banker: Banking Dive article
- Cross River, ICBA National Community Bank Service Award recognition for PPP work: Cross River, ICBA National Community Bank Service Award recognition for PPP work (original: crossriver.com · stored capture)
- American Fintech Council, mission and leadership materials: American Fintech Council, mission and leadership materials (original: fintechcouncil.org · stored capture)
- LegiStorm, Y. Phillip Goldfeder biography: LegiStorm, Y. Phillip Goldfeder biography (original: legistorm.com · stored capture)
- Cross-reference: Gilles Gade, Cross River