Spring Bank (New York)
in the United States 🇺🇸
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About Spring Bank (New York) in the United States
Spring Bank (New York) is a mission-driven community development bank headquartered in the Bronx, New York. Founded in 2007, it was the first bank to establish operations in the South Bronx in over 25 years. The bank operates with a dual focus on profitability and social impact, serving underserved, unbanked, and underbanked communities throughout New York City.
As of August 2022, Spring Bank holds approximately $542.9 million in assets, $458.5 million in deposits, and operates 2 offices serving the Bronx and Harlem communities. The bank is designated as a Community Development Financial Institution (CDFI) by the U.S. Treasury and became New York's first Certified B Corporation bank in 2016.