NYC-Department of Finance Awards Financial Services Contract to Ponce Bank Bronx Bdd Branch (May 2026)

The New York City Banking Commission approved an additional $10 million BDD deposit at the Ponce Bank Bronx BDD branch at 2244 Westchester Avenue under Resolution No. 8. This action increases City support for the branch through the Banking Development District program.

Document date · May 7, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$10 Million

Contract type

FINANCIAL_SERVICES

Document type

Resolution

Source document

New York City Banking Commission Resolution FY2027 Interest Rates Recommendations 2026-05-07

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by NYC-Department of Finance?

Ponce Bank Bronx Bdd Branch was awarded this financial services contract by NYC-Department of Finance, as recorded on May 7, 2026. The contract value is $10 Million.

How much is the Ponce Bank Bronx Bdd Branch contract with NYC-Department of Finance worth?

The Ponce Bank Bronx Bdd Branch contract with NYC-Department of Finance is valued at $10 Million, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a resolution record.

Where was this contract approved?

This contract appears in New York City Banking Commission Resolution FY2027 Interest Rates Recommendations 2026-05-07 (Resolution), dated May 7, 2026 from NYC-Department of Finance. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ponce Bank Bronx Bdd Branch hold?

Ponce Bank Bronx Bdd Branch may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Ponce Bank Bronx Bdd Branch's profile

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