Employee Opportunity Program

Opportunity Loan

Click to Apply Now

Already Have a Loan Account?

Click to Access

Employers, please fill out this form to learn more about our Employee Opportunity Program. Our consumer lending team will get back to you.

    Employee Opportunity Program

    We are on a mission to help New York City workers access affordable lines of credit, build their credit scores and grow their savings.

    Exclusively for employees of our partner employers

    Our Employee Opportunity Program ensures that employees have access to products and services that can help them build their financial health. Employees can access a small loan when they need it and build credit and savings, using the Opportunity Loan, as well as free financial counseling from GreenPath Financial Wellness.

     

    “The process of applying for a loan is very painless for the employee and for HR. For whatever an employee needs, it’s great.”

    – Abigail Saunders, Director of Human Resources, Greyston Bakery

    Explore Our Loan Products

    GoGreen Cycle Loan

    Access up to $2,500 with no minimum credit score requirement.

    Learn More

    The Opportunity Loan

    Offered to employees at partner employers, borrow up to $3000 when an emergency comes up or an opportunity comes around. No minimum credit score requirement. You can access funds when you need them and take advantage of opportunities to build your credit profile and savings at the same time.

    Learn More

    Loyalty Loan

    Have you been a Spring Bank customer for a year or more? Then you can apply for our Loyalty Loan of up to $2500.

    This loan requires a minimum credit score of 620 and can help you build your credit profile.

    Learn More

    Credit Builder Loans

    Want to create or improve your credit profile? The credit builder and CD Secured loans can help you get there. The proceeds of your loan remain in your savings or CD account as you build toward savings and an enhanced credit score.

    Learn More

    Participating Employers

    Click Here for a List of our Participating Employers

    • American Musical and Dramatic Academy
    • Austin Meat & Seafood
    • Bridge Street Development Corporation
    • BronxWorks
    • Cardiology Unlimited
    • Community Access
    • Doe Fund
    • Dominican Women’s Development Center
    • Family Life Academy Charter Schools
    • Floating Hospital
    • Grand St. Settlement
    • Green House Eco Cleaning
    • Greenwich House
    • Hamilton Madison House
    • Hunts Point Alliance for Children
    • Jetro/Restaurant Depot
    • Kingsbridge Heights Community Center
    • Legacy Vacation Club – NJ
    • Legally Addictive Foods
    • MHANY Management Inc
    • Mosholu Montefiore Community Center
    • Per Scholas
    • Phipps Houses and Affiliates
    • Red Hook Initiative
    • Sunnyside Community Services
    • The Hope Program
    • UncommonGoods
    • Vista Food Exchange
    • West Harlem Group Assistance
    • Westhab

    Loans with Benefits

    All our accounts come with incredible benefits and services

    Building Financial Wellness

    Through our partnership with the national nonprofit, Greenpath Financial Wellness, Spring Bank customers can access free one-on-one financial counseling or other GreenPath programs and services.

    Other Important Benefits of all Spring Bank Consumer Loans

    • Simple online application process--apply from anywhere, anytime
    • No Prepayment Penalties
    • No Hidden Cost
    • Opportunities to build credit and savings

    One Application Fee. No Hidden Costs.

    No Hidden Costs.
    The loan process is simple and the costs are transparent.

    No Prepayment Penalties

    You can prepay your personal loan anytime without incurring any fees.

    Simple to Apply

    From application to closing, the loan application process is completely automated. Use your computer or mobile device to get started.

    Opportunity to Build Savings

    Loan proceeds are placed in a high-interest rate Spring Bank savings account, making it simple to build your savings balance with every payment.

    Opportunity to Build Credit

    With on-time payments, you can create or improve your credit score.

    Use of Your IDNYC

    We are all about expanding access. That is why we accept IDNYC as a primary form of ID for account opening or loan processing.

    Schedule an Appointment

    Fill out your information below to schedule time with one of our account managers. They’ll be happy to assist you with any and all of your banking needs, including opening accounts, reviewing loan options, or exploring ways to grow your retirement savings.

      Have any questions? Stop by a branch or call us at (718) 879-5000.