Customer Service: 718.879.5000 Telephone Banking: 888.251.2384

Business Banking

Spring Bank brings personal service and the convenience of technology to businesses throughout the New York area. Online banking is sophisticated and modern: it's easy to bank with us whether you're in the Bronx or Brooklyn. Our branch staff are accessible, knowledgeable and efficient, and our accounts are affordable and convenient.

To find out more about any of the accounts below, call (718) 879-5000 and ask for a Business Banker.
Pack more in your wallet when you wield a Spring Bank EVB Visa® Small Business Credit Card. Take advantage of the Visa Platinum Edition benefits, or earn rewards on your Visa Platinum Rewards business cards too. By applying for and using your community bank's card you can count on personal service and local convenience along with worldwide reach.

We want to help you realize your dreams and are here to help with any question or business need. Apply for you card below or call us for any business need 718-879-5000 and watch your business grow with Spring Bank.
We are one of the region's most active small business lenders, an SBA Preferred Lending Partner, and a strong supporter of both established businesses and emerging upstarts.

We specialize in personalized underwriting for small business loans, both traditional and SBA secured, and we have long experience in real estate loans for commercial, mixed use, multi-family and owner operated development. We lend actively within New York City, Westchester, Nassau, and adjacent counties. Call us for more information at (718) 879-5000 and ask to speak to a Loan Officer.
At Spring Bank, service starts with the people you know and gets better with technology. Our dedicated staff, right up to our President, are there when you call. And free online banking, free bill pay, easy to use remote deposit, and more, are on your computer or mobile phone.

Visit our tutorial videos under "Financial Literacy and FAQs" (to the right) for a comprehensive tour.

To find out more about any of the services below, call (718) 879-5000 and ask for a Business Banker.
Non-profits and community based organizations are at home with Spring Bank. Whether your mission is economic development, social services, affordable housing, education or youth empowerment: Our mission aligns with yours.

To find out more about any of the accounts below, call (718) 879-5000 and ask for our Community Relations Officer.


Business Checking

An account for the business owner who demands flexibility and economy. It's backed up by responsive, local Spring Bank service and state-of-the-art online banking.

The minimum balance to start is $100.00. Maintain an average balance of $2,500.00 and we'll waive the already low $15.00 per month maintenance fee. (The maintenance fee is waived on all not-for profit business accounts. Visit our page on non-profit banking.)

What makes it easy? Free online banking, free online bill pay, low minimums for merchant capture (remote desk deposit), and more. Online statements are free. The $2.50 fee for print statements is waived with direct deposit.

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High Yield Money Market Checking and CDs

If you like to keep extra cash handy, but not locked away, our Money Market Checking is an excellent account. Rates are tiered to increase with higher balances, and are some of the most competitive in the region. And your cash is still available for transfer between accounts and for limited check writing. The minimum balance to start is $500.00.

Online statements are free. The $2.50 fee for print statements is waived with direct deposit.

CD rates are also competitive, and are perfect for longer term commitments. Visit our home page for rates.

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business cc

Business Credit Cards

With the Spring Bank Business Credit Card you get local convenience along with worldwide acceptance. Give your business more purchasing power. Spring Bank offers the Platinum Visa® Business Credit Card and help the cash flow of your business with a competitive rate*. Easily manage your credit card account and make payments with online account management. Plus, you’ll earn valuable rewards points that can be redeemed for travel and merchandise.


  • Boost the purchasing power of your business
  • Free, 24/7 online account management
  • Competitive rates*
  • Enjoy these extras:
    • Reward points for travel and merchandise
    • Travel Accident Insurance**
    • Auto Rental Collision Damage Waiver***
    • Add additional card users at no extra charge
    • Local service from people you know
    • Accepted worldwide
    • Lost or stolen card services

*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. Restrictions to coverage may apply.

***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.

Traditional Loans and Lines of Credit

Are you expanding your already established business? Or perhaps an experienced investor in commercial real estate? Click above to download a personal financial statement for commercial loans. Call (718) 879-5000 and ask to speak to a loan professional about what loan is right for your business.


  • Real estate: Term loans for commercial, mixed use and multifamily purchase, refinance and development.
  • Operating lines of credit, linked to your checking.
  • Small business: term loans for working capital and business expansion.

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The Small Business Grow Loan

The Grow Loan Program is an exciting new Spring Bank initiative designed to expand access to financing for businesses with capital needs below $150,000. The program offers both loans and lines of credit starting at $10,000. The application process, via our online platform, is easy, fast and transparent. Underwriting is flexible and there are no prepayment penalties. In addition, Grow clients have access to credit counseling through one of Spring Bank's non-profit partners. Spring Bank doesn't believe in the "one-size-fits-all" lending approach. We look at each client's particular circumstances and work with you to make sure you understand all your options and help you choose a loan that makes sense for your business.

If you are interested in Grow Loan and for speedy processing please take advantage of our on-line lending platform using the Apply Now button above.


  • Term loans for the purchase of equipment, inventory, debt refinancing, leasehold improvements and business expansion.
  • Lines of Credit for general working capital needs.
  • Small $10,000 line of credit with streamlined document requirements.

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SBA Loans - Certified Preferred Lending Partner (PLP)

Is your business relatively new? Do you have good cash flows but not much collateral? Spring Bank is an SBA Preferred Lending Partner (PLP). The U.S. Small Business Administration's 7(A) program helps businesses establish, acquire or expand the operations of an existing business. It's cousin, the 504 program is a specialized program for small businesses to acquire fixed assets for expansion or modernization. If you are interested in An SBA loan over $150,000 please call us at (718) 879-5000 for more information and to have forms and applications sent to you.

If you are interested in an SBA loan of less than $150,000 and for speedy processing please take advantage of our on-line lending platform using the Apply Now button above.


  • A Preferred Lending Partner: expedited underwriting
  • SBA 7(a): term loans for expansion, renovation, equipment purchase and more.
  • SBA 504: long-term fixed asset loans.

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Business Online Banking

Business online banking is comprehensive and access is free. Transfer money between your accounts, pay your bills online, and download transactions into QuickBooks. (Some expedited transactions, such as same day bill, may have transaction related charges applied by the vendor.) Visit our tutorial videos under Financial Literacy and FAQs (above) for a comprehensive tour.

Remote Deposit Capture (RDC)

Local banking becomes a snap when your business signs up for our RDC Program. Businesses throughout the city can take advantage of Spring Bank's cost savings and services without having to visit a branch. Maintain a regular average monthly balance of $5,000, and we'll waive product related fees.

Merchant Services

Whether you already have a merchant services relationship or are looking to introduce a new side to your business, we partner with a provider that offers competitive rates.

Non-Profit & Mission Based Banking

Banking for non-profits is free at Spring Bank. That means no minimum balance requirement, no maintenance fees, and free online banking. Business checking, money market and CDs are all available. We are mission-driven, transparent, and impactful.

How do we measure our impact? We are a U.S. Treasury certified Community Development Financial Institution (CDFI). That means the majority of our commercial lending is directed to low or moderate income areas. And we're committed to providing affordable services to New York's underbanked through our branches in underserved areas.

And because we are a certified CDFI, banks of all sizes qualify for positive CRA consideration from federal regulators with a special Community Reinvestment CD.

To discuss non-profit and financial institution accounts, call (718) 879-5000 and ask for our Community Relations Officer.