Ponce Bank

FDIC-Insured ∙ Hispanic-led ∙ Certified CDFI



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Features

Convenience

  • FDIC-Insured
  • Multimillion Dollar Deposit Insurance
  • Online account opening
  • Online and mobile banking
  • Mobile deposits
  • Telephone banking
  • Bill pay
  • Surcharge-free ATMs (Moneypass network)
  • Financial literacy education
  • Customer service available in Spanish

Products

  • Checking and savings accounts
  • Certificates of Deposit (CDs)
  • Money Market accounts
  • Retirement accounts
  • Mortgage loans
  • Consumer loans
  • Business loans
  • Commercial Real Estate financing

Ponce’s impact

Ponce Bank is the largest FDIC Certified Hispanic-led bank east of the Mississippi. We are a CDFI founded in the Bronx in 1960 when other banks abandoned our neighborhoods and over the past 60 years have expanded into immigrant communities throughout greater NYC continuing our founders’ mission of providing banking to the underserved. We are honored to serve our communities and will be honored to serve you.


Ponce is a Hispanic-led bank focused on home financing and overall community lending for the benefit of marginalized populations

What do these mean? Read more

100% of money with the bank is based in New York & New Jersey

Deposits come from across the US

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This is an estimation of where the bank concentrates its community financing. It is approximated by where the bank has branches, and the relative amount of deposits the bank manages from each branch. Bank regulation encourages banks to meet the credit needs of communities in which they do business.


Ponce has a history of investing 80% - 92% of total dollars in the bank into communities, which is greater than the bank industry average

  • Industry Minimum
  • Industry Average
  • Ponce Bank
  • Industry Minimum
  • Industry Average
  • Ponce Bank
Percentage of total dollars in the bank lent to communities and invested in public works, over time
 
 
How exactly is money invested? Read more

People banking here

 

See what your money can do here*

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$250K

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*This is an estimate, modeled according to the most recent data on Mighty. Learn more how this is calculated in our FAQ.

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