Ponce Bank

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.

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  • Online Services
  • Mobile Services
  • Mobile Check Deposit
  • Account with No Monthly Fee
  • Business Accounts
  • Small Business Lending


  • Community impact analyzed by Mighty Deposits More information
  • Latinx-owned or led
  • Community Development Financial Institution (CDFI) More information

Simply Free Checking

  • Minimum to Open account

  • Monthly Fee

  • minimum balance requirement

  • overdraft fee

  • 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.