Dear Spiral Community,
We're excited to share the news of our partnership with Newtown Savings Bank, a leading Connecticut-based bank with over 165 years of service. With Spiral, Newtown Savings Bank will be able to amplify customer engagement and grow deposits through personalized digital experiences that transform everyday purchases into effortless savings and community impact.
Personalized Savings and Impact
By integrating Spiral's Roundup Center seamlessly into the digital banking experience, customers will be empowered to automatically round up their everyday purchases and direct the spare change toward their savings goals or support their favorite charitable causes, directly benefiting their communities and nonprofits.
"Newtown Savings Bank is committed to providing our customers with cutting-edge financial solutions that ensure their financial well-being," said Anthony Giobbi, Executive Vice President, Chief Banking Officer of Newtown Savings Bank. "Through Spiral's Roundup Center, customers can seamlessly achieve their financial goals while positively contributing to their community, all without changing their daily spending habits."
Helping Americans and Communities Thrive
Customers can allocate their roundups entirely to savings or split them between savings and charitable giving. Moreover, they will also be able to support community and national nonprofits, as well as contribute to local causes such as affordable housing, financial education, and community development. This personalized experience also includes real-time impact tracking and tax-deductible donation receipts.
"It's inspiring to see how Newtown Savings Bank champions both financial wellness and digital innovation for their communities," said Shawn Melamed, CEO and Co-founder of Spiral. "We're excited to support more banks in improving their customers' lives while growing deposits and creating stronger, more connected communities."
See It in Action
To discover how Spiral's platform can help your institution grow core deposits and membership while boosting retention and loans, book a demo today.
