Banco de Ponce was the Puerto Rican bank with the largest number of branches in the United States and second largest bank in deposits and number of branches in Puerto Rico during the twentieth century. Founded in Ponce, Puerto Rico, in the early part of the century, it headquartered in San Juan in 1970 and, 20 years later, merged with Banco Popular forming BancPonce Corporation.
The bank was founded on 20 August 1917, in Ponce, Puerto Rico, by Mario Mercado, Amador Torres, Manuel Meiriño, Augusto Quiñones, Francisco Oliver, Antonio Morales, Juan Colón, José de Jesús, Francisco Forteza and Cándido Noriega. It had a prosperous start and in 1924 it built its main office in downtown Ponce. Architecturally, the downtown structure was so prominent that it would eventually get listed as historic in the National Register of Historic Places.
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