TD Bank vs Ponce Bank

TD Bank is an east Coast bank with relatively low minimum balance requirements. How does it compare to Ponce Bank? Read our comparison chart below.

TD Bank has over 1,100 locations on the East Coast. Known as "America's most convenient bank," it offers extended banking hours and 24/7 customer service by phone. Monthly service fees can be waived with somewhat low minimum balance requirements.

While Ponce Bank was founded in the Bronx in 1960 by Puerto Rican migrants, at a time when traditional banks had abandoned the neighborhood. Today, they are a proud certified Minority Depository Institution and Community Development Financial Institution (CDFI), and remain dedicated to serving financially-vulnerable communities.

Their not-for-profit, The Ponce de Leon Foundation, supports local initiatives in affordable housing, education, healthcare, and more.

Compare TD Bank with Ponce Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	TD Bank	Ponce Bank
	Member FDIC
	Learn More	Visit Site
	SPECIAL OFFER TD $300 Beyond Checking Bonus - Learn More Read TD Bank Review	SPECIAL OFFER 6-Month High-Yield CD - 4.00% APY - Learn More Read Ponce Bank Review
	Benefits and Features
Savings	0.02% APY. No minimum deposit. $5.00 monthly fee waived if 1) minimum $300 balance or 2) waived for the first 12 months if with recurring transfer of $25 or more from a TD Bank account or if you're under 18 or 62 and older.
CD	up to 3.69% APY (up to 3.70% for Relationship APY). Terms of 3 to 60 months. Minimum deposit of $250. Allows one penalty-free withdrawal (depending on account).	3-Month High-Yield CD - 4.10% APY 4-Month High-Yield CD - 4.10% APY 4 Month No-Penalty CD - 4.00% APY 6-Month High-Yield CD - 4.00% APY 1-Month High-Yield CD - 3.00% APY 9-Month High-Yield CD - 3.00% APY 48-Month High-Yield CD - 1.61% APY 13-Month High-Yield CD - 1.31% APY 11-Month High-Yield CD - 1.21% APY
Checking	TD Complete Checking, TD Beyond Checking, TD Essential Banking
Mobile App	iOS & Android
ATMs	2,600 ATMs throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida
Customer Service	24/7 Live Customer Service (Telephone)
IRA CD	up to 3.69% APY (up to 3.70% for Promotional APY. Terms of 3 months to 5 years. Minimum deposit of $250. Additional contributions and penalty-free withdrawal available (depending on account).
Locations	over 1,100 locations	14 branch locations
	CreditDonkey® Reviews

Savings
CD
Checking
Money Market
Mobile App
Customer Service
Fees
Pros & Cons	Pros: Extended banking hours Low requirements to waive monthly fees No foreign transaction fees Cons: No free checking Low APY Only on East Coast	Pros: Various savings options Low monthly fees Wide ATM network Cons: Limited physical location
Bottom Line	East Coast bank with relatively low minimum balance requirements... Read full review	Community bank that offers several high-yield savings options through Raisin... Read full review
	Learn More	Visit Site
	TD $300 Beyond Checking Bonus TD $200 Complete Checking Bonus Student Checking Account - $100 Bonus	6-Month High-Yield CD - 4.00% APY 48-Month High-Yield CD - 1.61% APY 13-Month High-Yield CD - 1.31% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. TD Bank: Pricing information from published website as of 10/04/2025 based on 08034 zip code. Ponce Bank: Pricing information from published website as of 10/03/2025.

Which is Better: TD Bank or Ponce Bank?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing TD Bank or Bank of America.

In short: Ponce Bank's cd and money market are impressive.