New Yorkers are getting their taxes done free right here at Spring Bank in the Bronx. Because Spring Bank is one of a handful of banks that takes the municipal ID to open accounts, tax filers can use IDNYC to file taxes and put their money in a safe and affordable savings account.
Alba Pico, the Department of Consumer Affairs said at an event at Spring Bank last week, “tax refunds may be the largest amount of money a customer gets all at one time.” It is also the perfect time for Spring Bank to help provide access for unbanked New Yorkers into the banking system.
And with IDNYC, Spring Bank is helping the city reach a part of the public that would not have any other way to get an account
As Irene Baldwin the Executive Director of Ariva points out, “if you have a bank account it helps you build credit. It makes your everyday transactions easier. It keeps you away from predators and fringe services.”
To see more about how Spring Bank helps facilitate access to accounts: