Red Hook

Spring Bank opens new branch in Red Hook

January 22, 2025 Brooklyn Eagle Staff
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RED HOOK — SPRING BANK IS OPENING a new branch at 356 Van Brunt St. to serve the Red Hook community, once a “banking desert,” according to an announcement by the bank. Its grand opening at 9:30 a.m. on Jan. 23 will include a ribbon-cutting ceremony and refreshments from local businesses.

The Red Hook branch will offer a full range of banking services, including personal and business banking, small business loans and financial education programs. Spring Bank was founded in 2007 with a mission of financial inclusion.

“We are excited to open our doors in Red Hook, a neighborhood that, like others in New York City, has faced barriers to banking access,” said Akbar Rizvi, President of Spring Bank. “Our goal is to bring affordable, equitable financial services to this community and provide the support that many families and small businesses need to grow, succeed, and build a better future.”

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