As seen in
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
Hispanic American-owned/led: Bank is certified to have at least 51% of voting stock controlled by Hispanic Americans, or 51% of the governing board are Hispanic Americans and the bank predominantly serves Hispanic American communities.
Investing in low-income communities (CDFI): Bank is a certified Community Development Financial Institution (CDFI), meaning it is focused on directing the majority of its financing into low- and moderate-income communities and/or communities of color.
Above avg. in small business lending: Bank puts a larger percentage of money into small business loans than the bank industry average.
Above avg. in housing lending: Bank puts a larger percentage of money into housing loans than the bank industry average.
Above avg. in financing communities, overall: Bank puts a larger percentage of money into community financing (loans for business, farms, housing, construction, and households, and public works financing) than the bank industry average.
100% of money with the bank is based in New York & New Jersey
Deposits come from across the US
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
The other 20% of total dollars in the bank is used for something other than community financing (like investments in bank branches and other financing).
Read more about this data in our FAQ.People banking here
See what your money can do here*
*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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