Editor's note: This post contains content sponsored by Ponce Bank.

MANHATTAN, N.Y. (PIX11) -- It’s a new lifeline for families in Inwood.

Ponce Bank cut the ribbon on its brand new branch at 3876 Ninth Avenue, opening doors to opportunity for residents and small business owners in one of Manhattan’s most vibrant and diverse neighborhoods.

On the corner of 9th Avenue and 207th Street, neighbors say it feels like a new chapter for Inwood, a financial hub helping families build generational wealth.

Ponce Bank CEO Carlos Naudon, who immigrated to the United States from Santiago, Chile, at age 13, calls it a beacon of hope. Under his leadership, the bank has grown to more than three billion dollars in assets.

Branch Manager and Vice President, Director of Nonprofit Services, Wanda Matos, s

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