Ponce Bank
Ponce Bank is the largest FDIC Certified Latinx-Owned Minority Depository Institution (MDI) 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.
Details
- Online Services
- Mobile Services
- Mobile Check Deposit
- Account with No Monthly Fee
- Business Accounts
- Small Business Lending
Designations
-
Community
impact
analyzed
by
Mighty
Deposits
This institution reports data to the U.S. government about how it lends to small business, housing, and other community interests, and Mighty Deposits calculates what this means for you and your money. - Latinx-owned or led
-
Community
Development
Financial
Institution
(CDFI)
Community Development Financial Institutions include certified community development banks and credit unions. CDFIs provide financial services to those in historically underserved communities and to those who lack access to financing.
Simply Free Checking
-
Minimum to Open account
$50 -
Monthly Fee
$0 -
minimum balance requirement
$0 -
overdraft fee
$29 -
ATM fee
Free at all Ponce Bank Branch, Moneypass® and Citibank® Branch ATMs
Other services or features
- Financial literacy education
- Small business cash management services
- Services in Spanish and English
Rates and fees are variable and often change. For the most up to date information, visit the institution’s website.
To see how this institution uses your money to lend in communities, visit their profile on Mighty Deposits.
