Nov 13, 2017
Part of the reason we became a B Corp is because we’d heard about the collaborative and generous community. Other B Corps told us again and again, “a huge benefit to taking on the certification process is the connection to…
read moreNov 08, 2017
By Ines Marino, our Director of Small Business Lending After I say goodbye to the newest addition to my family, Pipa, our nine-month old puppy, I head to Harlem to visit a client. They are opening their second restaurant and…
read moreOct 12, 2017
When it comes to planning for your financial future, you have a lot of options. From long-term options like your 401(k) or quicker ROI’s like investing in your favorite IPO, there are many ways you can make your hard-earned money…
read moreOct 09, 2017
by Ines Marino, Director of Small Business Lending We think British economist E. F Schumacher makes a great point: Small is beautiful. Small, however, is contrary to what our MBA programs teach us about growing our businesses; the opposite of what…
read moreOct 04, 2017
Effective immediately, and until November 30, Spring Bank is assisting with the Puerto Rico and Virgin Islands relief effort by waiving the transaction fee on consumer wire transfers of funds to Puerto Rico residents and Virgin Island residents, whether through…
read moreSep 25, 2017
Written by Demetris Giannoulias, CEO of Spring Bank When we started Spring Bank in 2007, the economic boom of the 2000s was at its peak. While Wall Street was doing great and banks were expanding in ways they never had…
read moreSep 19, 2017
Yes. That’s 93 followed by four zeros. It’s generous. It’s an honor. And we worked hard to earn this privilege. We are proud to announce that we have just received a $930,000 award from the U.S. Department of the Treasury’s…
read moreSep 18, 2017
You may have read that one of the major Credit Reporting Agencies, Equifax, recently experienced a largescale data breach. This is an important time to review the status of your personal information at the credit bureaus and take additional steps…
read moreSep 12, 2017
Spring Bank has been recognized as being among the companies creating the most positive overall impact on its customers based on an independent, comprehensive assessment administered by the nonprofit B Lab. Honorees are featured on B the Change, the…
read moreJun 16, 2016
Bronx’s Spring Bank helps small businesses get started! By Lauren Glassberg Monday, June 06, 2016 NEW YORK (WABC) Most banks pride themselves on conducting big business, but one bank in the Bronx is thinking a bit smaller. Spring Bank is…
read moreMay 08, 2016
Spring Bank is now in Very Good Company! We have officially become a B-Corporation, asserting that we meet rigorous standards of social performance, accountability, and transparency. How many other banks can say that? On April 14, 2016, Spring Bank joined…
read moreMar 04, 2016
To help workers get an affordable loan when they most need it-Spring Bank has created the Employee Opportunity Loan (EOL). BOOM! Health is one of Spring Bank’s employer partners. Boom!Health provides health and wellness services in the Bronx and Senior…
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