As a community bank headquartered in the Bronx, we’ve had the pleasure of serving many local small businesses and consumers—and our reach goes beyond this borough. For years, we’ve worked with Brooklyn-based businesses, helping them realize their goals and help to guide them in their small business journey. Now, we’re thrilled to provide the same level of service to businesses and consumers in Brooklyn with the opening of our newest branch in Red Hook!
Red Hook, a vibrant and diverse community, has faced challenges in accessing essential banking services and had previously been one of New York City’s “banking deserts.” We’re the neighborhood’s first local bank in 10 years, furthering our mission to expand access to financial services for consumers and small businesses in underserved neighborhoods.
“We are excited to open our doors in Red Hook, a neighborhood that, like others in New York City, has faced barriers to banking access,” says Akbar Rizvi, President of Spring Bank. “Our goal is to bring affordable, equitable financial services to this community and provide the support that many families and small businesses need to grow, succeed, and build a better future.”
Our Red Hook branch alleviates the burden of travel for local small businesses and consumers, allowing them to access affordable banking solutions right in their community. Since opening this past December, we’ve proudly offered a full range of banking services, including personal and business banking, small business loans, and financial education programs.
We’re so grateful for local community leaders and politicians like Senator Andrew Gounardes, who shared our mission of bringing essential banking services back to Red Hook and ultimately made this branch a reality. As we continue to get to know the Red Hook community, we will be able to show how community banks like ours stand out from big banks.
“We’re letting residents know that we offer products and services for this community because we understand the needs of the people that live here. We’re here to build trust and help residents succeed. Everyone is a VIP here, whether you have five cents in your account or a million dollars,” says ReyJane, Branch Manager at Spring Bank Red Hook.
If you’re in the Red Hook area and looking for a friendly New York banking partner, we’re here for you. Just like our Bronx branch, our Red Hook branch is staffed by compassionate individuals like ReyJane, who are here to help you meet your financial needs.
We can’t wait to meet more members of the local community, change the narrative around banking and become a trusted banking partner to Red Hook residents. Visit our Red Hook branch at 356 Van Brunt St., Brooklyn, NY 11231, and discover our many banking solutions, including business bank accounts, small business lending, personal savings accounts, and personal checking accounts.