Ponce Bank was born in The Bronx in 1960, when most banks had abandoned what many perceived to be a community in decline but in which our founders saw nothing but the potential of proud neighborhoods anchored by a strong immigrant work ethic and entrepreneurial spirit. They dreamed all that was needed was a financial fuel, and in the 60 years since, we’ve provided that fuel for this engine of creativity and resilience as we helped develop pockets of this spirit throughout The Bronx, Brooklyn, Queens, Manhattan and New Jersey. We never landed in comfortable places, choosing to help where help was needed most, and during this time we’ve become trusted partners throughout the communities we serve. Our designation as a Community Development Financial Institution (CDFI) certifies this role as an investor in the future of underserved and underbanked communities. Today, we affirm our commitment to the diverse communities we were founded to serve 60 years ago.
We all face an unprecedented challenge in the COVID-19 pandemic but our communities have especially suffered at the hands of this vicious virus. Our hearts open to those suffering, including the small-business owners, the property owners whose rental income helps pay the bills, our heroic first responders and all the workers and immigrants who’ve fueled the rise of our neighborhoods in recent decades. We share our Ponce Love to the many legacy customers upon whose vision and hard work these thriving communities were built and want you to know that Ponce Bank remains here to help through these difficult times and those that lie ahead. We were there in 1960; we are here today. Ponce Bank. Dreamers Welcome.
