Dec 05, 2017
The most wonderful time of year is here! The team at Spring Bank has decked the halls of our branches and there’s an excited anticipation at our Bronx headquarters as we plan our annual holiday party. Whether you gathered last…
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Nov 27, 2017
Giving Tuesday: it might just be our favorite holiday. It’s not that any of us need a reason to give, but there’s something very special about participating in a unified day of generosity in our nation. Over the last decade,…
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Nov 21, 2017
When Spring Bank headquartered in the South Bronx 10 years ago, we knew our community was being financially exploited by predatory loan providers and check cashing businesses. During the height of the financial recession and at a time when other…
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Nov 20, 2017
It’s a little tricky for a community banker to talk about gratitude without falling too deeply into clichés. One of the greatest films ever made, which is about to go back into regular rotation as Christmas nears, is about a…
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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…
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Nov 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…
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Oct 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…
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Oct 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…
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Oct 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…
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Sep 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…
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Sep 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…
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Sep 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…
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