Business Wire·Dec 16, 2025, 7:27 AM ET

Lake City Bank Partners with Spiral to Support Financial Wellness and Community Impact Through Everyday Banking

Lake City Bank partners with Spiral to integrate the "SpendSave" solution for enhancing financial wellness & growing deposits.
The platform automatically rounds up everyday debit card purchases to direct spare change toward savings goals or charitable causes.
Customers can allocate roundups entirely to savings or split funds between savings & donations to community/national nonprofits.
Supported charitable areas include affordable housing, financial education, & community development with real-time impact tracking.
Donations made through the system generate tax-deductible receipts for account holders.
Stephanie Leniski, Executive Vice President at Lake City Bank, stated the solution helps customers achieve financial aspirations via regular purchasing patterns.
Shawn Melamed, CEO of Spiral, highlighted the partnership's role in enriching customer journeys while strengthening community ties.
Spiral is a New York City-based FinTech firm backed by investors including Team8, ICBA, & Euclidean Capital.
Lake City Bank is a Warsaw, Indiana-headquartered institution with $6.9 billion in assets, 55 branches, & serves Central & Northern Indiana.