Ponce Bank

Lender

Member since October 2024

Website

$2B

Volume

$18M

Sold

$2B

Financed

$2M

Leased

Closed

4M sf

Area

AI SummaryBeta

Ponce Bank is a lender specializing in development site financing, with a total volume of $2B. Recent transactions include a $70M construction loan for Sunlight Development Group and a $103.58M construction loan for Rockshire Group in Brooklyn.

AI-generated from Traded deal data. May contain errors.

About

Ponce Bank, an American banking institution with community spirit, opened for business in March 1960. Today, Ponce Bank maintains branch locations in the Bronx, Manhattan, Brooklyn, Queens and Union City (New Jersey). Our Bank has earned a reputation for serving the needs of our communities by emphasizing the importance of personal banking and by promoting local economic development. We employ a highly qualified and professional staff and offer a wide variety of products and services designed to meet the needs our customers and our communities. We place a strong emphasis on thrift and home ownership. We are a well-capitalized bank with a strong management team, always striving to provide the best service with efficiency, convenience and courtesy. We use advances in technology to simplify routine transactions and facilitate home banking. We offer various deposit and loan products that are designed to meet the needs of most everyone. We are customer-driven and are committed and ready to provide quality and reliable service to all people in the communities we serve.