Place the onion, rinsed beans, jalapeno, garlic, salt, pepper, and cumin into the liner of the Instant Pot.
Pour in the water and the chicken broth.
Place the lid on top of the Instant Pot. Move the valve to SEALING.
Press the MANUAL (or PRESSURE COOK) button and set the timer for 45 minutes.
Let the pressure do a natural release when it's done (will take 15-25 minutes).
Drain the excess liquid from the beans and set liquid aside.
Using a potato masher or handheld electric mixer, mash the cooked beans until they reach the desired consistency. Add drained liquid back in as needed (I usually add ½ cup - 1 cup of liquid back in).
Serve and enjoy!
Notes
I love to top these bean with shredded cheese or cotija cheese, some fresh cilantro, and diced jalapeños.If your family doesn't like the heat from jalapeños, you can substitute a can of green chilies.You could easily freeze these beans (once they have cooled down, I stick them in a gallon-sized Ziploc bag and place them in the freezer. When you want to eat them, remove from the freezer and let them thaw for a few hours in the fridge, then heat up in the microwave until warmed through.