How to join and start banking with Spring Bank?
Check out how to join Spring Bank and enjoy all advantages a B Corp bank offers, including transparency and commitment to the whole community.
by Aline Augusto
Join Spring Bank: products and services for both personal and business banking
Spring Bank is the first B Corp in New York, which means the company is committed to high transparency, accountability, community, and performance standards. Learn how to join Spring Bank, a bank that offers a wide range of products and services for both personal and business banking.
Besides checking accounts, Spring Bank features savings and CDs with competitive rates and lending options with flexible terms for various purposes. Also, you can access excellent 24-hour support and a vast ATM network nationwide for free.
Apply for an account
First, access the official website and click on Personal Checking or Business Checking, according to what you need.
You can choose between a Money Market account and Interest Checking, a Basic option, or a Green Checking.
On the other hand, if you need an account for your business, you can choose between Nonprofit Banking, a Money Market, or Basic Checking with essential features.
All accounts require a minimum to open, and although they have fees, you can waive them by maintaining a minimum balance.
Also, you can choose a savings account among the many options available.
After selecting which better suits you, fill in the form with your contact. The bank will access you to finish the opening process.
Apply for the loans
If you need to borrow money, you can access the lending options this bank offers. So, access the website and choose the option that fits your goal and need.
Then, fill in the form with your contact, and they will contact you.
Spring Bank vs. TAB Bank
If you want an alternative, check out TAB Bank, an option that offers a full service for many purposes.
|Spring Bank||TAB Bank|
|Financial products and services offered||Personal Checking, Personal Savings, Personal Lending, Business Checking, Commercial Lending, and Small Business Lending||Personal solutions and accounts, business accounts and services, insurance|
|Fees||Accounts feature waived fees if you maintain minimum balance||Most accounts have no monthly fees, and in those that have, you can avoid fees by maintaining a minimum balance and following some requirements|
|Minimum balance||From $100. Each type of account requires a minimum balance in order to waive maintenance fees||It starts from $1, and it varies depending on the account you choose|
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