Personal Loans

Personal Loans

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    Get a Personal Loan in New York Whenever You Need It

    The unforeseen can always happen and we want to be there to help you apply for a personal loan. We provide affordable and transparent personal and credit building loans so that when an opportunity arises or an emergency like a car repair happens, we have you covered. We build into the loan process opportunities to build savings and credit and help you avoid high-cost predatory loans.

     

    Every Spring Bank customer can take advantage of free financial counseling from our nonprofit partner GreenPath Financial Wellness.

     

    Credit Builder Loan

    If you’re looking to get a personal loan, consider the Credit Builder Loan to build credit and savings.

    GoGreen Cycle Loan

    The GoGreen Cycle Loan finances up to 80% of your bike purchase from select partner bike shops.

    Loyalty Loan

    The Loyalty Loan is available to Spring Bank customers with an active account.

    Employee Opportunity Program

    The Employee Opportunity Program is exclusively for employees who work for our partner employers. We are on a mission to help New York City workers access an  affordable loan, build their credit score and grow their savings.

    Find out if your employer is participating in the program here.

    Learn More

    Apply for a Personal Loan 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.

    Explore Other 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

    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 applying for a personal loan, opening accounts, reviewing loan options, or exploring ways to grow your retirement savings.

    Local banking near me

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