Founded in 2007, Spring Bank was the first bank to open in the South Bronx in over 30 years. It operates as a Community Development Financial Institution (CDFI) and a certified B-Corporation, reflecting its mission to pursue a double bottom line of creating both economic and social value. The bank focuses on providing affordable and accessible banking products, including personal and business checking/savings accounts, small business loans, and innovative credit-building products, primarily for unbanked and underbanked populations in its community.

Founded in

United States