Our Blog & Info

The Bronx Health & Housing Consortium: Bringing People Together to Confront Shared Challenges

May 25, 2021

When the pandemic first hit, we all went into information overdrive. Information about the coronavirus’s severity and health protocols was changing by the minute; it was overwhelming. Having clear and accurate information about COVID-19 and our response to it was…

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How Membership in the Federal Home Loan Bank Network Supports Our Work as a CDFI

May 20, 2021

We are more than a local bank: we are a Community Development Financial Institution or CDFI. CDFIs work to create wealth-building opportunities for economically distressed communities across the United States. But to carry out our work, we need access to…

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Why Barry Mann, our CFO, Commits to The Bronx

May 11, 2021

Spring Bank Staff Profile The Bronx is our home. From the moment we opened our doors nearly 15 years ago, we have worked hard to develop deep relationships with our neighbors and prioritize our community. We locally invest because we…

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From Building Structures to Building Up Communities

May 04, 2021

Xavier Givens, Business Development Officer, Spring Bank Staff Profile Imagine transitioning from a career in construction to a career in community banking. Unusual right? After all, construction and banking don’t seem to have much in common. But that’s precisely the…

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A Small Business Grant Recovery Program for NYC Nonprofits

Apr 28, 2021

As a Community Development Financial Institution (CDFI), supporting nonprofits and small businesses is fundamental to our mission. One of the ways we prioritize community-based organizations is through our membership in the Federal Home Loan Bank of New York (FHLBNY). The…

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Chelsea Restoration: Preserving the Arts in New York City Together

Mar 30, 2021

A Small Business PPP Story New York City has long been known as a national and international artistic beacon. While the numerous theatres, museums, concert halls, and galleries are the lifeblood of our city, there are also, behind the scenes,…

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The Bronx Museum of the Arts Celebrates 50 Years!

Mar 24, 2021

For 50 years, The Bronx Museum of the Arts has been an institutional pillar, at the forefront of arts and culture, racial and social justice, and immortalizing our borough’s rich culture. This year, the Museum Arts celebrates 50 years and…

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Happy B Corp Month: Celebrating 5 Years in the Movement!

Mar 17, 2021

March 2021 marks one year of living in times of COVID-19, changing our city and our world as we knew it. It is also B Corp month—and our 5th B Corp anniversary! Certified B Corporations believe business can and should…

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JobsFirstNYC Creates Multistakeholder Collaborative & Access in the Bronx

Mar 05, 2021

JobsFirstNYC, a workforce, and community development organization, has worked for over a decade to support New York City’s most vulnerable populations. Part of their mission is to help young people disenfranchised from work and education due to systemic racism and…

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A Proud Member of The Jerome Avenue Revitalization Collaborative (JARC)

Feb 22, 2021

Standing Together for the Communities of the Bronx In 2018 the Jerome Avenue Corridor was rezoned. Spanning 93 blocks across the South Bronx, the corridor comprises 700 businesses and 93,000 residents. As the most extensive rezoning in our city’s history,…

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Business Checking Account

Feb 18, 2021

Throughout the pandemic, we have helped dozens of small businesses and organizations across New York City acquire loans to keep their doors open. But you don’t have to wait until the next emergency to build a relationship with us–your local…

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Open a Bank Account with Us Remotely

Feb 10, 2021

Having a bank account­– whether it’s a business checking account or a personal savings account­–is critical to maintaining a healthy financial life. The economic downturn combined with the health crisis unleashed by the COVID-19 pandemic has served as a reminder of the importance…

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