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News Releases

Date Title and Summary Additional Formats
Toggle Summary Ponce Financial Group, Inc. and PDL Community Bancorp Announce the Completion of the Conversion and Reorganization and Related Stock Offering
BRONX, N.Y. , Jan. 27, 2022 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc. (“Ponce Financial Group”) (NASDAQ: PDLB) and PDL Community Bancorp (“PDL”), announced that the conversion and reorganization of Ponce Bank Mutual Holding Company from the mutual to stock form of organization and related
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Toggle Summary PDL Community Bancorp and Ponce Financial Group, Inc. Announce Results of Ponce Bank Mutual Holding Company Member Vote and Final Subscription Offering Results
BRONX, N.Y. , Jan. 07, 2022 (GLOBE NEWSWIRE) -- PDL Community Bancorp (“PDL”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), Mortgage World Bankers, Inc. (“Mortgage World”) and Ponce Financial Group, Inc. (“Ponce Financial Group”), announced today (i) that at the special meeting
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Toggle Summary PDL Community Bancorp and Ponce Financial Group, Inc. Announce Subscription Offering Results and Results of PDL Stockholder Vote; Ponce Bank Mutual Holding Company Adjourns Special Meeting of Members in Order to Continue to Solicit Additional Member Votes
BRONX, New York , Dec. 28, 2021 (GLOBE NEWSWIRE) -- PDL Community Bancorp (“PDL”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), Mortgage World Bankers, Inc. (“Mortgage World”) and Ponce Financial Group, Inc. (“Ponce Financial Group”), announced today (i) the results of the
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Toggle Summary Ponce De Leon Foundation Announces Grant Awards
BRONX, New York , Dec. 22, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of the Ponce De Leon Foundation is pleased to announce it has awarded a total amount of $320,000 to nonprofits that are making a difference in our communities. Since its inception in 2017, the Foundation has granted over
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Toggle Summary PDL Community Bancorp Announces Completion of Sale and Leaseback of Real Property
NEW YORK , Dec. 21, 2021 (GLOBE NEWSWIRE) -- On December 16, 2021 , Ponce Bank (the “Bank”), a subsidiary of PDL Community Bancorp (the “Company”) (Nasdaq: PDLB), completed the sale of real property that the Bank owned, located at 37-60 82 nd Street, Jackson Heights , Queens, New York (the “Real
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Toggle Summary PDL Community Bancorp and Ponce Financial Group, Inc. Announce Conclusion of Subscription Stock Offering
BRONX, N.Y. , Dec. 15, 2021 (GLOBE NEWSWIRE) -- PDL Community Bancorp (“PDL”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), Mortgage World Bankers, Inc. (“Mortgage World”) and Ponce Financial Group, Inc. (“Ponce Financial Group”), the proposed stock holding company for the Bank
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Toggle Summary PDL Community Bancorp Announces Update With Respect to Its Emergency Capital Investment Program Application
BRONX, New York , Dec. 15, 2021 (GLOBE NEWSWIRE) -- PDL Community Bancorp (“PDL” or the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), Mortgage World Bankers, Inc. (“Mortgage World”) and Ponce Financial Group, Inc. (“Ponce Financial Group”), the proposed holding company
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Toggle Summary Ponce Financial Group, Inc. to Commence Stock Offering
NEW YORK , Nov. 16, 2021 (GLOBE NEWSWIRE) -- PDL Community Bancorp (“PDL”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”) and Mortgage World Bankers, Inc. (“Mortgage World”), today announced that Ponce Financial Group, Inc. , a Maryland corporation, the proposed new holding company
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Toggle Summary PDL Community Bancorp Announces 2021 Third Quarter Results
NEW YORK , Nov. 02, 2021 (GLOBE NEWSWIRE) -- PDL Community Bancorp (the “Company”) (NASDAQ: PDLB), the financial holding company for Ponce Bank (the “Bank”) and Mortgage World Bankers, Inc. (“Mortgage World”), reported net income of $2.1 million , or $0.12 per basic and diluted share, for the third
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Toggle Summary PDL Community Bancorp Announces an Agreement of Sale and Leaseback of Real Property
NEW YORK , Sept. 01, 2021 (GLOBE NEWSWIRE) -- On August 30, 2021 , PFS Service Corp. (“PFS”), a service company subsidiary of Ponce Bank (the “Bank”), a subsidiary of PDL Community Bancorp (the “Company”), entered into an agreement to sell real property that PFS owns, located at 2244 Westchester
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