Customer Service: 718.879.5000 Telephone Banking: 888.251.2384

Personal Banking

Bank with conviction. Bank for your community. And bank with convenience. When you keep your checking or savings accounts with Spring Bank, you show your commitment to your local economy. And our state-of-the-art technology makes it easy.
At Spring Bank we are committed to providing our customers with a full range of the best financial products. Now here's one more: a Visa Platinum Credit Card that's accepted around the world, offers competitive rates, 24/7 U.S.-based customer support, and rewards you with air travel, brand-name merchandise, and much more. There are lots of reasons to do business with your local community bank. People you know and trust and personal service. So don't settle for a credit card that won't work as hard for you as we do.

Getting started is easy-just click below to learn more.
Here at Spring Bank we are committed to providing our customers with financial products that help you build a strong financial future, cover unexpected costs, and afford the things you need for the people you care about.
Something new under the sun: Checkless checking accounts, credit builder loans, and check cashing for non-depositors are some of the innovative products we've rolled out over the years. Our goal: be a model for a new generation of community banks. And we've just started.

Videos

Checking

People from all over New York bank at Spring Bank. In addition to the accounts below, visit Financial Literacy and FAQs to view videos on how to make the most of our extensive online banking.

Access Card

The Spring Bank Access Card is a "checkless checking" account. You use it as you would a MasterCard debit card on a regular checking account, but we do not issue checks. Simple!

Features:

  • Just $25.00 to open and no minimum balance to maintain the account.
  • Extremely low cost $1.00 per month maintenance. (Waived with direct deposit)
  • Choose MasterCard network debit card or Spring Bank ATM card.
  • Free electronic statements, (opt-in for paper statements $2.50).
  • Please note: there is a $1.00 fee for PIN based retailer transactions; please ask for transactions to be run as “signature” whenever possible.

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Interest Checking

All the convenience of full service checking, with the advantage of interest. Current rates are view-able off our home page.

Features:

  • Nationally competitive interest rates.
  • $500.00 to open.
  • $2,500.00 minimum balance to maintain account with no fee.
  • $10.00 per month maintenance charge. (Also waived with direct deposit)

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Basic Checking

Simpler is better. Basic checking offers unlimited check writing, low minimum balance requirements, and an affordable $3.00 maintenance fee that is waived with direct deposit.

Features:

  • Minimum Balance Required of $1,000.00.
  • $25 minimum opening deposit.
  • Maintenance Fee: $3.00 monthly (Also waived with direct deposit).

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Money Market

Ideal for established savers – keep cash accessible while earning a competitive rate on higher balances. (Most outgoing transactions are limited to 6 per month. Excess transactions may incur a fee which reduces earnings. Call for more details.)

Features:

  • Nationally competitive interest rates.
  • $500.00 minimum opening deposit. $5,000 to maintain with no fee.
  • $10.00 monthly service charge. ( Also waived with direct deposit)
  • All check fees waived for average monthly balance over $1,000.00.
  • MasterCard network debit card or Spring Bank ATM card

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Savings

Savings

Statement savings allows you to save, retain access to you money, and earn interest. (Most outgoing transactions are limited to 6 per month. Excess transactions may incur a fee which reduces earnings. Call for more details.)

Features:

  • Nationally competitive rates.
  • No minimum balance to open. No minimum to maintain. No maintenance fee.
  • MasterCard network debit card or Spring Bank ATM card

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Community Chest Savings

With the Community Chest Savings Account you earn interest at a rate higher than many of the largest banks and we will make a donation* to a participating non- profit organization you select. The Community Grow Savings account multiplies community impact, supporting local non-profits and contributing to the economic vitality of New York neighborhoods.

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Youth Statement Savings

Young people save for free at Spring Bank. Individual, non-custodial interest bearing accounts ave available to anyone between the ages of 14 and 18. (Most outgoing transactions are limited to 6 per month. Excess transactions may incur a fee which reduces earnings. Call for more details.)

Features:

  • No minimum deposit to open and no minimum required to maintain.
  • Nationally competitive rates.
  • Spring Bank ATM card available on non-custodial accounts.

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Download a PDF Application for Checking or Savings Accounts

Certificate of Deposit (CD)

All Spring Bank CDs accounts include unlimited access to telephone banking.

Features:

  • Nationally competitive rates.
  • $250 minimum opening deposit.
  • A variety of terms available. Rates vary with term of deposit.

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Club Accounts

Club Accounts allow you to save gradually towards a goal based on a given period of time, rather than contributing all at once. Access to Club Account funds is limited as with a CD.

Features:

  • No minimum opening deposit and no minimum to maintain. (Recommended $100.00 to start)
  • Nationally competitive rates.
  • Set up free automatic transfers from your checking or savings account.

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Individual Traditional IRA (CD)

Contributions to this account are tax advantaged. Visit the IRS for additional details: www.irs.gov/Retirement-Plans/Traditional-IRAs

personal cc

Personal Credit Cards

Get a Visa® credit card that works for you in so many ways.

Our credit card offers attractive and competitive terms including:

    • No annual fee
    • Competitive rates*
    • Make purchases online anytime, anywhere
    • Rack up points for card purchases at participating retailers
    • Earn one point for every net dollar spent
    • Redeem points for merchandise, rental cars, cruises, hotels, and airline travel
    • Easily track points earned at ScoreCardRewards.com
    • Enhanced security, including zero liability policy, identity theft assistance, and Verified by Visa®
    • Travel Accident Insurance**
    • Auto Rental Collision Damage Waiver***
    • View an up-to-the-minute record of transactions online at any time
    • Easily replaced if lost or stolen

*See the card application's Important Disclosures for current terms, rates and fees. Credit cards are subject to credit approval. Cards are issued by TCM Bank, N.A. and subject to credit approval.

**Travel Accident Insurance - Coverage applies when the entire cost of the fare (less redeemable certificates, vouchers, or coupons) has been charged to the card. Your account must be in good standing.

***Auto Rental Collision Damage Waiver - To activate coverage, complete the entire rental transaction with your card and decline the collision damage waiver coverage if offered by the rental company. Restrictions apply if you have personal automobile insurance covering this theft or damage.

Spring Bank Loans That Can Help You Build Credit and Savings

We understand that few things are more important to you than building credit and savings. That's why we are proud to offer several products to help you get on a sound financial footing. Call (718) 879-5000 and ask for a personal loan. And review the applications below.

Employee Opportunity Loan

The Employee Opportunity Loan is the affordable and responsible small-dollar loan alternative from Spring Bank that helps you access the cash you need now, while you build savings for the future.


WHATEVER YOU NEED
Use The Employee Opportunity Loan to purchase school uniforms and supplies, cover an unexpected expense, pay off high cost debt, establish savings, and improve your credit score.

No minimum required credit score* - Spring Bank looks at your ability to pay.
Payments are deducted directly from your payroll. Spring Bank reports your payments to the three main credit bureaus. When the loan is paid off, you can make the same payments and accumulate additional savings in your account.

 

DETAILS

Amount: $1,000 to $2,500

Interest Rate: 16.00% APR

Term: 12 months

 

 

 

 

* Other qualifying factors apply. Spring Bank looks at your ability to pay and can refer you to a free credit counseling partner.

** A fixed rate loan of $1000 payable in 12 monthly payments of $90.73 each at a rate of 16.00%. What else you should know: APR = Annual Percentage Rate. All loan applications are subject to
credit approval and must meet all underwriting requirements. Loans not to exceed 60% of gross monthly income.

The Borrow-And-Save Loan

The Borrow-and-Save loan is designed to provide affordable credit and encourage a regular savings plan. It also offers a financial alternative to the high-interest loans offered by pawn shops, rent-to-own-stores and payday lenders. Borrow-And-Save is a loan of up to $1,500 with no minimum credit score required; the loan is approved simply on your ability to repay. An approved borrower can access the money they need and improve or establish credit. 25% of the loan is placed in a savings account and is available with accumulated interest when the loan is paid. Perhaps you need a small loan to purchase school uniforms or supplies, to cover an unexpected expense or to pay off higher cost debt. With Borrow-and-Save you get the loan you need now while building savings and credit for the future.

Credit Score
Available Amount
Terms
Application
None
$1000 to $1,500
6 to 12 Months

The Credit Builder Loan

Whether you're starting out or starting over, a Credit Builder Loan is a great way to build your credit history. If your credit is not where you want it to be, this product can help. The loan proceeds are placed in a savings account to secure the loan. Each month we report your payments to the credit bureaus. When you make your final payment the loan proceeds are available, or you may choose to continue to build your savings.

Credit Score
Available Amount
Terms
Application
None
$500 to $1,500
6 to 12 months

Other Consumer Loans

At Spring Bank we find ways to help with an affordable consumer loan. The application process is simple, and the rates we offer are competitive. Whatever your needs, you can choose a safe product.

Loan Types
Available Amount
Terms
Application
Personal (Unsecured)
Up to $10,000
6 to 36 months
Secured by CD/Savings account
Matches Deposit Amount
6 to 12 months

Additional Benefits of a Spring Bank Loan

  • No prepayment penalties.
  • One application fee. No hidden costs.
  • Discounts available for direct deposit and/or automatic payments.

Credit-builder CD secured loans: A new start.

An affordable and safe way to build your credit history. You receive the loan amount and deposit it into an FDIC insured, interest bearing CD. After making monthly payments to pay off the loan, you have the important advantage of a favorable report being sent to the credit bureaus, and you've earned interest on the CD, which reduces your costs.

Minimum deposit and withdrawal restrictions for the CD apply. Visit Personal banking for more information and account applications, or call (718) 879-5000.

Check Cashing for Non-Depositors: Reduce Fees, Then End Fees

Stop spending hundreds of dollars at the check cashing store. We will cash checks for non-depositors for the low rate of 1.00% for non-personal checks. Open a checking account and maintain at least $100.00 and pay only $1.00 for qualifying checks above your balance. Use the money you save to open a savings account, earn interest, and have more at the end of the month than you started.

Visit our check cashing calculator to see the dramatic difference it can make when you cash a check at Spring Bank: SpringBankNY.com/check-cashing

Personal checks are not accepted. Checks submitted by non-depositors are reviewed on a case-by-case basis, and approved at the bank’s discretion.

Access Card: Better than a pre-paid card.

Spring Bank's Access Card is a low cost alternative to the re-loadable cards you'd find at check cashers. It's "checkless" checking, and it's safe, affordable and hassle free.

Access Card is an FDIC insured transaction account in your name only. There's no minimum balance to open the account, no balance to maintain it, and with a nominal $1.00 per month maintenance fee, it really stands out. We'll waive the maintenance fee when you sign up for direct deposit.

Employee Opportunity Loan

The Employee Opportunity Loan is the affordable and responsible small-dollar loan alternative from Spring Bank that helps you access the cash you need now, while you build savings for the future.

WHATEVER YOU NEED
Use The Employee Opportunity Loan to purchase school uniforms and supplies, cover an unexpected expense, pay off high cost debt, establish savings, and improve your credit score.

APPLY ONLINE
https://user.happymangocredit.com/springbankny

No minimum required credit score* - Spring Bank looks at your ability to pay.

Payments are deducted directly from your payroll. Spring Bank reports your payments to the three main credit bureaus. When the loan is paid off, you can make the same payments and accumulate additional savings in your account.

DETAILS
Amount: $1,000 to $2,500
Interest Rate: 16.00% APR
Term: 12 months

* Other qualifying factors apply. Spring Bank looks at your ability to pay and can refer you to a free credit counseling partner.

** A fixed rate loan of $1000 payable in 12 monthly payments of $90.73 each at a rate of 16.00%. What else you should know: APR = Annual Percentage Rate. All loan applications are subject to credit approval and must meet all underwriting requirements. Loans not to exceed 60% of gross monthly income.

FAQ

What is Spring Bank's routing number?
Our routing number is 026-014-135. Always remember to include the leading "0" when entering this number into any form.
How do I open a personal account?
Complete the account application, you may send it via fax, email, or by visiting us at one of our branches. Please ensure that you have all necessary documents and initial deposit.
I need to place a stop payment.
You will need to provide us with information of the check: Date Issued, Amount, Check number. You may place a stop via Online Banking, visit one of our branches and complete a Stop Payment Form (PDF). You may also place a request for a stop payment via telephone at 718-879-5000; you will have 14 days to submit a signed form to our branches. Please note, there is a $5.00 fee per item to place a stop payment.
I need a copy of a check.
You may print a copy of a cleared check in your account via online banking or you may request a copy at the branch.
How do I open a business account?
Complete the form below and fax, email or bring it to a branch, following the instructions on the cover page. Be sure to check that you have all of your documentation, and can provide a minimum initial deposit when it applys.
How do I order checks?
You may re-order checks via online banking (look for the menu item when you are within the account details screen), or contact us by phone at 718-879-5000.
How do I initiate a wire transfer?
You may fax, email, or visit one of our branches with a completed Wire Transfer Form (PDF Link).
How do I apply for a loan?
Visit Personal Banking for details on the different types of consumer loans: different loans will have different applications. For Business loans, you can download a personal financial statement below and call us to speak with a loan officer, or vsisie Business Banking for more information.
How can I change my mailing address?
You can visit us at the branches and complete the Change of Address Form (PDF Link); the change will be effective immediately. Please take note that if you have a new address and do not change it at your earliest convenience, you risk not receiving your bank statements or any other communication we may mail to you.
What do I need to do if I lost a certified check/money order I purchased?
You will need to visit us at the branch for us to 1) place a stop on the Cashier's Checks or Money Order, please note there is a $5.00 fee; 2) there is a 5 business days waiting period before we can refund your account if the Cashier's Check/Money Order has not cleared.
How do I access my account via online banking?
Personal customers may create a profile themselves: please visit the "Log In" portion of this website at the top of the page, click on "Personal," and follow directions. Business customers must have access provided for them through a business banker. Please call (718) 879-5000 and ask to speak to a business account representative.
How do I access my account via mobile banking? There's also a "How To" Video at the top of this page.
Mobile banking is available both through an App and a mobile browser. First, make sure you are signed up for online banking. Then, visit "Options" and "Mobile Banking Profile" to send a link to your smart phone to access both.
How far back can I view my statements in online banking?
You may view 36 months of statements via online Banking. Note, you are able to download and save the PDF document for future personal reference. You may also download transactions in several file formats, including QuickBooks compatible and Excel formats.
I'm locked out and need to reset my Online Banking password.
Please contact customer.service@springbankny.com or call (718)879-5000 to reset your Online Banking password.
I forgot my password for Online Banking.
In the online banking login page, please use "Forgot My Password" option, once you click here you will need to enter your Access ID; you will receive an email with the password. With the password you will be prompt to answer one of the security questions you already have selected when you enrolled in online banking and it will prompt you to change the password.
How do I access my account via Telephone Banking?
Dial toll free: (888) 251-2384
Can I view my statement online and do I need special software?
Yes, you are able to view your statements online if you have signed up for eStatements. The eStatements are in PDF format which is accessible for free at (http://get.adobe.com/reader/). You are able to save the documents in this format. You are also able to download your account transactions into Excel spreadsheet formats.
Can I download my banking information to a financial management software?
Yes, we offer the capability to download your banking information to QuickBooks and Excel formats in both versions of online banking.
How do I reset my Telephone Banking PIN?
Please call (888)251-2384 option #1 to reset your Telephone Banking PIN.
How do I sign up for eStatements?
E-statements are available via online banking. When you sign up for online banking for the first time you will be asked to enroll for e-statements. If you already enrolled in online banking, you may still sign up: you will need to login and go to the Options tab; here you will select Enroll under E-statements.
How can I get a Debit/ATM card?
You may request a Debit/ATM card at our branches with our Customer Service Representative or you may call us at 718-879-5000.
How much can I withdraw using my debit card?
You may withdraw from your available balance a maximum of $500 via an ATM with your ATM/Debit card in a 24 hours period.
I need to reset my Debit/ATM card PIN.
You may call at (800) 992-3808 to reset your PIN for Debit/ATM card.
What is the difference between an ATM card and Debit card?
The differences between an ATM card and the Debit card are:
  1. With the ATM card you may only use it to perform withdrawals via an ATM machine.
  2. With the Debit card, you may use it to perform ATM withdrawals and purchase transactions at physical locations or online.