Gulf Coast Bank Chooses Spiral to Boost Customer Savings and Community Impact Through Everyday Banking
July 23 2024 - 8:43AM
Business Wire
Gulf Coast Bank adds Spiral to allow customers
to grow their savings effortlessly and support charitable causes of
their choice through everyday purchases and digital banking
accounts.
Spiral, the award-winning personalized banking platform, today
announced a partnership with Gulf Coast Bank, an LA-based community
bank known for its customer care and dedication to giving back.
This partnership will enable Gulf Coast Bank to better help its
customers' financial well-being and increase community support.
This partnership will also amplify engagement and grow deposits
through new personalized digital experiences. Customers will be
able to turn everyday purchases into savings and community impact,
with the ability to easily donate through an engaging digital
Giving Center.
By integrating Spiral's Everyday Impactâ„¢, Gulf Coast Bank's
personal and business banking customers will be empowered to round
up their everyday purchases to effortlessly save for their future
while also being able to support charitable causes and initiatives
of their choice — such as providing Wi-Fi for children through the
Boys & Girls Clubs of Acadiana and essential mental health
support to veterans in need through Acadiana Veteran Alliance. In
addition, Gulf Coast Bank's new Giving Center will allow customers
to easily donate to the causes they care about directly from their
online bank accounts. Through this new Giving Center, customers can
create a tailored portfolio of causes, track their charitable
impact, and receive a donation report for tax purposes.
"We're proud to build upon our legacy of philanthropic
donations. By offering simple ways for our customers to grow their
savings and make a positive difference, we're continuing our
mission of giving back to the communities we serve," said Jason
Patout, Senior Vice President at Gulf Coast Bank. "Adding Spiral
allows our customers to improve their finances and make an impact
without having to think about it," he added.
By integrating with Spiral, Gulf Coast Bank will drive awareness
and donations to nonprofits directly from its customer base and
create positive change in communities through fundraising
campaigns, donation matching, and community events.
"Gulf Coast Bank has an impressive history of driving community
philanthropy with a strong commitment to its customers' financial
well-being," said Shawn Melamed, CEO and Co-founder of Spiral.
"We're proud to empower more banks to personalize their digital
banking experience, enhance customer lives, and accelerate growth
while helping their communities," he added. Spiral's turnkey
solutions integrate with leading digital banking providers and core
systems. To learn more about Spiral's platform, please contact
Spiral here.
About Spiral
Headquartered in New York City, Spiral is the award-winning
personalized banking platform that enables banks and credit unions
to grow deposits and attract new account holders through financial
wellness and community impact. With Spiral, financial institutions
can positively impact the lives of their account holders and their
communities through any online bank account, debit card, or credit
card. Thus, Spiral makes it simple for financial institutions to
drive positive change and empower millions of people to build
better lives and positively impact their communities.
Spiral is spearheaded by fintech serial entrepreneur Shawn
Melamed, a former Managing Director of Morgan Stanley's Technology
Business Development and Innovation Offices. Their mission-driven
team has deep banking, nonprofit, and fintech expertise, including
Jim Rosenthal, the former COO of Morgan Stanley, who is part of
Spiral's board. Spiral is backed by Team8, Euclidean Capital,
Intuition Fund, Communitas Capital, Phoenix, Nidoco AB, MTVO,
Curql, ICBA, and more. To learn more, visit Spiral.us.
About Gulf Coast Bank
Established in 1971, Gulf Coast Bank is a locally owned and
operated community bank with 9 locations throughout Acadiana, LA.
Known for their continued generous support and commitment to the
growth and success of their community, Gulf Coast Bank is an avid
supporter of the Boys and Girls Clubs of Acadiana and actively
sponsors and volunteers at local nonprofit events. To learn more
about Gulf Coast Bank, visit gcbank.com.
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