SaveBetter
Mother and daughter hugging and laughing
Ponce Bank logo
Exclusive offers from Ponce Bank

Bank with the largest Latinx owned Minority Depository Institution east of the Mississippi. ¡Somos como familia!

Offers from Ponce Bank

About Ponce Bank

An illustration of a local deli and grocery store

Ponce Bank was born in The Bronx in 1960, a time when most banks had abandoned what was then 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 that 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 and we’ve 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.

Ponce Bank. Dreamers Welcome.

Ponce Bank: Origins

Certified Community Development Financial Institution (CDFI)

Ponce Bank is CDFI certified

We earned our CDFI status by investing more than 80% of our assets in low and moderate income communities. Your deposit helps us keep investing in underserved communities hard hit by the Covid crisis.

Community Development Financial Institutions (CDFIs) share a common goal of expanding economic opportunity in low-income communities by providing access to financial products and services for local residents and businesses.

Ponce Bank is an FDIC insured financial institution

FDIC insured financial institution

Federal Deposit Insurance Corporation

Ponce Bank is a member of the FDIC. Deposits in Ponce Bank are insured by the FDIC up to the limits of federal law. The standard insurance amount is $250,000 per depositor, per insured bank, for each deposit account ownership category.

What is SaveBetter?

What is save better

The SaveBetter platform features a curated selection of high-yielding products offered by our network of banks. It’s your destination to discover competitive savings products and start saving wisely. Select and fund multiple savings products from different institutions, and manage them all from one account!

Safety

Safety

Funds deposited into any of the products on SaveBetter.com are always held by an FDIC-insured institution. A very easy and safe way to diversify your deposit portfolio.

Choice

Choice

Access quality products from our network of banks. Find the product that’s right for you.

Convenience

Convenience

One account to remember. Simplified statements. Easy access to manage your funds – all through a streamlined digital platform.

Start saving in 4 simple steps:

  1. 1.Discover competitive savings products.
  2. 2.Select the right products for your savings goals.
  3. 3.Register for a SaveBetter account — one is all you need!
  4. 4.Fund and access your new savings products.

Now you can add more savings products any time you want. It’s that simple!

We are here to help!

Call us: 844-994-EARN (3276)(Monday to Friday from 9:00 a.m - 4:00 p.m)
SaveBetter logo

The SaveBetter name and logo are trademarks of SaveBetter LLC. The Deposit Solutions name and logo are trademarks of Deposit Solutions GmbH, used with permission. Ponce Bank and the Ponce De Leon image are trademarks of Ponce De Leon Federal Bank, used with permission.

© 2020 SaveBetter LLC. All rights reserved.

APY means Annual Percentage Yield. APY is accurate as of October 30, 2020. Interest rate may change after initial deposit. Minimum opening deposit is $1.00.

Each customer authorizes the Service Bank to hold the customer’s funds in a custodial capacity in order to facilitate the customer’s deposits to and withdrawals from any product at Ponce Bank that the customer requests through SaveBetter.com. The Service Bank does not establish the terms of the deposit accounts or offer the deposit accounts to customers,and provides no advice to customers about deposit accounts at Ponce Bank. Central Bank of Kansas City, Member FDIC, d.b.a. Central Payments is the Service Bank.