Ponce Bank

About Ponce Bank

Ponce Bank is a community-focused financial institution and a certified Minority Depository Institution, founded by migrants from Puerto Rico in 1960. As a CDFI (Community Development Financial Institution), it aims to prove that community banking is a powerful engine for social equity, investing in local businesses, housing, and services while supporting minority-led and immigrant-friendly initiatives on the East Coast.

Products & Services

Personal Banking:Includes Personal Checking (e.g., Simply Free Checking with no monthly service charges), Personal Savings, Online & Mobile Banking, and Personal Loans & Mortgages.

Business Banking:Offers Business Checking, Business Savings, Online & Mobile Banking, Cash Management, Business Loans & Mortgages (including Prosper Small Business Loans with fast funding), and Cannabis Banking.

Nonprofit Banking:Provides tailored Nonprofit Business Checking Accounts to manage payroll, donations, and everyday bills, supporting charitable endeavors.

Financial Mastery Series:Educational programs to help individuals and businesses navigate financial decisions, covering topics like first-time home buying, small business bootcamps, and legacy protection.

Specialties

Community Banking Minority Depository Institution CDFI (Community Development Financial Institution) Immigrant-Friendly Banking Nonprofit Banking Small Business Support

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Grant T: - FT: Grant	A: 50000 MR: - FA: $50,000 FAN: 50000	D: 2025-11-17 FD: 2025-11-17	1 investors

Grant Latest

2025-11-17

$50K

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

M

Maria Duanne Andrade T.

CEO of Solar and Energy Loan Fund (SELF)

G

Giovana Bracchi

Executive Director of La Fuerza CDC

V

Victor Elmore

President of Texas Mezzanine Fund Inc.

R

Ronald Frazier

Chairman/CEO of BAC Funding Corporation

M

Marlon Mitchell

President and Chief Executive Officer

C

Casey O'Donnell

President & CEO of Impact Services

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Recent News

Ponce Bank Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised