Overview / Commentary
718-863-7600
2244 Westchester Avenue
Bronx, NY 10462

Ponce Bank is headquartered in Bronx and is the 52nd largest bank in the state of New York. It is also the 796th largest bank in the nation. It was established in 1960 and as of June of 2018, it had grown to 194 employees at 14 locations. Ponce Bank's money market rates are 3X the national average, and it boasts an A+ health rating.

Related Posts

View all posts from:


Reviews (1)

Excellent bank

I deposited $20,000 dollars split up between a savings account and a three month CD. Their rates are competitive with three month CDs at 0.25 percent interest. Their savings accounts have 0.10 percent interest. These rates are slightly better than the big name banks. Everyone in this bank is competent and caring. Their checking accounts are totally free with no strings attached in terms of fees. Again, this is better than what I have seen in other big name banks. My whole family does their banking with this bank because of the above. I wholeheartedly recommend this bank to anyone looking for a good local banking institution.



Health
A+

Health Grade Components

Overall
FDIC Certificate #31189
Year Established1960
Employees194
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.51%
Return on Equity - YTD3.8%
Annual Interest Income$22.1MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$967.2MM$813.0MM
LoansQ2 2018vs Q2 2017$850.4MM$734.7MM
DepositsQ2 2018vs Q2 2017$790.0MM$707.1MM
Equity CapitalQ2 2018vs Q2 2017$127.3MM$94.7MM
Loan Loss AllowanceQ2 2018vs Q2 2017$11.8MM$10.7MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$6.6MM$9.8MM
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Ponce Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Ponce Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$10k*-Super Savers High Interest Special
OTHER TIERS: 0.15% $500 - $10k
0.10%$500-Passbook Savings
0.10%$500-Statement Savings

Ponce Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$10k-High Yield Money Market -Special (New Money)
1.50%$10k-Business High Yield Money Market -Special (New Money)
0.35%*$50k*-Money Market Checking
OTHER TIERS: 0.15% $10k - $25k | 0.25% $25k - $50k
0.10%--Money Market

Ponce Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$1k-Negotiable Order of Withdrawal (NOW)

Ponce Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.85%$1k-60 Month CD
1.50%$1k-48 Month CD
1.25%$1k-36 Month CD
1.20%$1k-30 Month CD
1.10%$1k-24 Month CD
1.05%$1k-18 Month CD Special
1.01%$1k-12 Month CD
0.30%$500-6 Month CD
0.25%$500-3 Month CD
0.20%$500-1 Month CD
0.20%$500-2 Month CD

Ponce Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.11%$1k-60 Month IRA
1.60%$1k-48 Month IRA
1.35%$1k-36 Month IRA
1.20%$1k-24 Month IRA
1.06%$1k-18 Month IRA
1.01%$1k-12 Month IRA
0.40%$500-6 Month IRA
0.35%$500-3 Month IRA
0.30%$500-1 Month IRA
0.30%$500-2 Month IRA
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.