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springbankseo2022
personal savings

Our E-Bike Loan NYC Can Help Your Employees Grow a Personal Savings Account

Are you looking for ways to attract new talent, offer competitive incentives, and support the well-being of your growing teams? 

If you are looking for more ways to support your current workforce and attract new talent, take advantage of an easy and valuable addition to your employee benefits program, our E-Bike Loan NYC, at no cost to you. As a result, your employees will not only have a more reliable and affordable transportation option. They will also build their savings and grow their balance in their personal savings account. 

As the newest addition to our Employee Opportunity Program, you can now connect your employees to the E-Bike Loan NYC, providing them with a reliable and affordable transportation option. So not only can you help make your employees' day-to-day commute more manageable, but you can also support their financial journeys!

Up to $2500 with no minimum credit score requirement, the E-Bike Loan NYC also helps your employees build their credit and savings via a personal savings account. We also make it easy for employees to build up their personal savings account by offering the option to automatically deposit an amount of their choosing directly into their Spring Bank personal savings account each pay period.

And when you sign-up for the E-Bike Loan NYC, your organization automatically becomes part of our nationally recognized Employee Opportunity Program. So, in addition to growing their personal savings account, employees can access other financial benefits like the $3500 Employee Opportunity Loan and free financial counseling with our partners at GreenPath Financial Wellness

Signing up as an employer partner is simple. Sign-up for our Employee Opportunity Program & E-Bike Loan NYC here. Take a look at our personal savings account options, including our Spring Bank Basic Savings. You can also learn about our partnership with the Equitable Commute Project.  

Here's how it works for your employees when you become an Employer Partner 

First, your employee chooses a bike. Then, we process the loan via our fintech platform, pay the vendor, and your employee is riding along the way. Just like our Employee Opportunity Loan, getting started is easy. 

Why an E-Bike NYC Loan? 

Formed at the height of the pandemic in July 2020, the Equitable Commute Project addresses the need for safe and accessible commuting for essential workers. According to a recent report from the Office of the NYC Comptroller, one million frontline workers in New York City commute across the five boroughs, and a quarter of those folks earn less than $54,000 a year. Unfortunately, they often live in "transportation deserts" in New York City, where residential locations are distant from train stations or bus stops. Learn more


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