Find the latest Ponce Bank CD rates, offers, and promotions here.
Currently, they offer competitive rates up to 4.65% APY high yield CDs.
Update 9/30/24: The 1, 3, and 4 month term rates have slightly decreased.
About Ponce Bank CD Rates
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 CD Rates Summary
- Availability: Nationwide
- Credit Inquiry: Soft Pull or Hard Pull? Let us know
- Minimum Balance Requirement: $1 minimum deposit
| Term | APY Rate |
| 1-Month High Yield CD | 4.65% |
| 3-Month High Yield CD | 4.65% |
| 4-Month No Penalty CD | 4.60% |
| 6-Month High Yield CD | 4.00% |
| 11-Month High Yield CD | 1.21% |
| 13-Month High Yield CD | 1.31% |
| 48-Month High Yield CD | 1.61% |
Ponce Bank CD Rates Features
- FDIC insured. No fees.
- Bank with purpose: your deposit helps us keep investing in underserved communities hard hit by the Covid crisis.
Eligibility
To be eligible to open an account, you will need the following:
- Be at least 18 years old
- Social Security number (SSN)
- Your U.S. residential address
- Government-issued photo ID
- An existing bank account
- $1 opening deposit
What You’ll Need To Apply
You will need the following information readily available when applying online:
- Full name
- Home address
- Date of birth (DOB)
- Social Security number (SSN)
- Login information to an existing bank account (to fund your CD)
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Conclusion
Now, when you open a new CD Account, you’ll be able to take advantage of their perks and save money in no time. Additionally, they offer competitive rates available nationwide.
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..
For more options, browse our list of the latest and best CD rates!
- Best 6-Month CD Rates
- Best 9-Month CD Rates
- Best 1-Year CD Rates
- Best 18-Month CD Rates
- Best 2-Year CD Rates
- Best 3-Year CD Rates
- Best 4-Year CD Rates
- Best 5-Year CD Rates
- Best No Penalty CDs
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
