CheckSpring opens doors in 'under-banked' BX

A new bank is opening its headquarters in the Bronx for the first time in 25 years.CheckSpring Bank celebrated the opening of its doors with

THE BRONX - A new bank is opening its headquarters in the Bronx for the first time in 25 years.

CheckSpring Bank celebrated the opening of its doors with a ribbon cutting ceremony earlier this week. Local leaders say the economic center is a needed boost for the "under-banked" borough.

"We have a large population considered low income, and we're desperately looking for ways we can increase the economic index of the community," says Community Board member D. Lee Ezell.

Several of CheckSpring's services are aimed at the borough's low income residents. Customers do not have to hold an account to use the bank's check-cashing services.

Elected officials say CheckSpring's lower account limits will be beneficial to the community.

"If you have 100 bucks under your pillow?this bank will show you how to make it $125," says Rep. Jose Serrano (D).

advertisement | advertise on News 12

Trending Video

News 12 The Bronx hit the streets to 1 Word on the Street: People who take selfies
Tips to stay commited to your fitness resolution 2 Tips to stay committed to your fitness resolution
3 Volunteers repaint Bronx River Community Center
Police say a 23-year-old man was shot inside 4 Police: Man shot inside Bronx barbershop
5 Bronx Sportscast, Jan. 16

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE