PDL Community Bancorp

Ponce Financial Group Inc. operates as the bank holding company for Ponce Bank that provides various banking products and services. It accepts various deposit products including demand accounts NOW/IOLA accounts money market accounts reciprocal deposits savings accounts and certificates of deposit. The company also provides mortgage loans which includes one-to-four family investor-owned and owner-occupied residential multifamily residential nonresidential property construction and land commercial and industrial business and consumer loans; lines of credit; and paycheck protection program. In addition it invests in securities which consist of U.S. Government and federal agency securities and securities issued by government-sponsored or government-owned enterprises as well as mortgage-backed securities corporate bonds and obligations and Federal Home Loan Bank stock. The company was founded in 1960 and is headquartered in Bronx New York.