Our Blog & Info

Living Our Mission: Featuring Diana Ravagnan, BSA Officer

Feb 24, 2022

“It’s very important, as a Bronx-based bank, to have a mission and continue to honor that mission. – Diana Ravagnan, BSA Officer at Spring Bank As a Community Development Financial Institution (CDFI), we’re not just a bank. We are also…

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The Bronx is A Place Where Everything Is Possible: In Conversation with Rocking the Boat

Feb 16, 2022

“You don’t have to go anywhere or be anyone different to do extraordinary things. You can be an extraordinary person. Those capacities are already within you and already within your community. And the Bronx is a place where that’s possible.”…

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Hope for NYC Workers: Partnering with The HOPE Program on the Equitable Commute Project

Feb 10, 2022

Did you know New York City still has “transportation deserts?” These are places across the five boroughs where public transport options are few and far between if they exist at all.  With over one million frontline workers commuting across the…

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New Year, New Money Habits: Small Changes to Reach Your 2022 Financial Goals

Jan 31, 2022

The New Year is a time for powerful new beginnings. It also presents an opportunity to look at our financial habits – and the impact on our personal checking and personal savings accounts. For example, carefully reviewing your credit card…

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5 Ways to Make Money Resolutions That Stick

Jan 18, 2022

2022 is here. The New Year is always a time for new beginnings. Are you ready to make money resolutions that stick? Eliminating debt, learning new spending habits, or building savings are choices that can change your life. They can…

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Happy Holidays & Our Holiday Hours

Dec 20, 2021

Dear Community, There’s no place like New York, and there’s no one like a New Yorker. We are proud to be a community bank in the greatest city in the world. #NewYorkStrong Please note that on December 24th, our branches…

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Investing in Us to Invest in YOU

Dec 17, 2021

Proud to Be Included in the U.S. Treasury’s Emergency Capital Investments Program and a Recipient of New Awards from the Treasury’s Community Development Financial Institution (CDFI) Fund. Did you know that we’re a Community Development Financial Institution (CDFI)? It’s a…

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The Launch of Our E-Bike Loan Program!

Dec 06, 2021

We have exciting news! In 2022, we will be expanding our Employee Opportunity Loan Program to include an E-bike loan option. This week, we “soft”  launched the Equitable Commute Project (ECP), a partnership between NYU, the Hope Program, Electric Avenue,…

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Free GreenPath Financial Wellbeing Resources for Our Customers

Nov 23, 2021

We are proud to announce a partnership with GreenPath that provides our customers access to their excellent financial education resources. GreenPath is a national nonprofit focused on financial wellbeing for everyone, and their mission is to empower people to lead…

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Three Reasons Why Having a Healthy Credit Score is Essential to Financial Freedom

Oct 26, 2021

Perhaps you, like many of us, find credit confusing. Maybe you aren’t familiar with credit and its uses — perhaps you have never had access to beneficial information, getting conflicting advice, or are new to our financial system. While we…

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Providing Healthier Financial Alternatives One Personal Checking Account at a Time

Oct 26, 2021

We became the first community bank in The Bronx, New York, in over 30 years on purpose. The Bronx has the highest share of unbanked and underbanked households in New York City. Approximately 21.8% of adults in The Bronx are…

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Micromobility for New Yorkers via a Financial Inclusion Grant

Oct 15, 2021

We have exciting news! We are one of 31 U.S. Treasury Community Development Financial Institutions (CDFIs) awarded a financial inclusion grant from The New York State Department of Financial Services and Empire State Development (ESD). With a multi-year $25 million…

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