CheckSpring Bank and CheckAlt Payment Solutions Launch Transformational "Check 21" and Remote Deposit Capture Transmission Service

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CheckSpring Bank, New York City’s premier community development bank, now offers Remote Deposit Capture and Transmission to New York City businesses through the innovation and drive of enterprise solution leader, CheckAlt Payment Solutions Truly exceptional: In an environment where other banks raise prices, CheckSpring Bank continues to expand its services to competitively serve a wide variety of smaller businesses.

Today, CheckSpring Bank President Eric Pallas, and CheckAlt Payment Solutions CEO Shai Stern announced the launch of an innovative partnership to provide “Check21” compliant remote deposit transmission solutions to New York City businesses. The solution allows any business, big or small, to bank affordably and conveniently with New York’s premier socially responsible development bank. Non profits, landlords, light industry, and retail can benefit from CheckSpring's low cost deposit services. The bank is actively lending within New York City, Long Island, and Northern New Jersey.

“CheckAlt’s technology allows our customers to make a deposit with ease, and they can manage accounts through our online banking platform,” said CheckSpring Bank President Eric Pallas. “As a team we are at the leading edge: CheckAlt has an incredible drive to innovate and do things well, and we aim to offer the best pricing and service to all industries. We can now serve a wider variety of customers throughout the 5 Boroughs, and save everyone money and time. CheckSpring Bank is committed to serving New York conveniently, accurately and affordably. This is poof of our commitment.”

“CheckSpring Bank is a natural fit for us. We’re eager to expand our innovative platform, and they are working hard to better serve their customers,” commented CheckAlt CEO Shai Stern. “CheckSpring has shown that they can serve businesses in a challenging environment, and they are incredibly thorough. We look forward to the expansion of both our businesses in the New York City area.”

CheckSpring Bank is an FDIC insured, New York State chartered community bank, and an Equal Housing Lender located in the Bronx. The bank is dedicated to providing convenient and low cost banking services to business owners and consumers. CheckSpring Bank’s business bankers ensure responsive, industry tailored service.

CheckAlt Payment solutions provides a patented Remote Deposit Capture platform which has revolutionized the way in which companies are processing deposits and payments.


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Brian A. Blake

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