Ponce Bank recertified as CDFI by U.S. Treasury on May 19, 2023

Ponce Financial Group, Inc.

U.S. Treasury recertified Ponce Bank as a Community Development Financial Institution effective May 19, 2023.
Ponce Bank is one of only 33 U.S. banks holding both CDFI and Minority Depository Institution designations.
CDFI certification enables access to federal grants, programs, and funding for low-income and minority communities.
The bank has served underserved Hispanic, African-American, and low-income communities in NYC for over 60 years.

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