Brooklyn Paper: First Red Hook Bank in a Decade Follows "More Than a Year of Efforts" by Sen. Gounardes
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Brooklyn Paper
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Making money moves!
State Sen. Andrew Gounardes on Monday celebrated the soft opening of Spring Bank, the first retail bank in Red Hook in a decade, which will deliver accessible banking services to the neighborhood.
The new Spring Bank branch, located at 356 Van Brunt St., aims to improve access to essential banking services for residents and small businesses.
The opening follows more than a year of efforts by Gounardes and local stakeholders to address the community’s urgent need for banking facilities. Previously, residents had to leave the neighborhood for banking or rely on costly alternatives such as check-cashing services and prepaid cards.
“Red Hook residents shouldn’t have to leave their community for basic services like depositing a paycheck or opening a savings account,” Gounardes said in a statement. “With the opening of this bank branch, we’re ensuring that our Red Hook neighbors have the opportunity to grow and thrive financially right here in the community they call home.”
