Red Hook Gets First Retail Bank in Over a Decade
Briefly

Red Hook residents shouldn't have to leave their community for basic services like depositing a paycheck or opening a savings account. 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.
As the largest public housing community in Brooklyn, Red Hook has too often been overlooked for essential resources like banking services. We deeply appreciate the tremendous, community-focused efforts of Senator Gounardes' office and look forward to working with Spring Bank to meet and support our community's financial needs.
The bank will provide much-needed relief to residents and small businesses who relied on costly alternatives including check-cashing services and will make accessible banking services including savings accounts, check deposits and loan products.
A Community Advisory Board will comprising of representatives from local organizations, businesses and the nearby NYCHA Red Hook Houses will help ensure the bank's services meet the specific needs of the community.
Read at BKReader
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