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PDL Community Bancorp

About PDL Community Bancorp

51-200 Employees
Based in Bronx, New York

PDL Community Bancorp is the financial holding company for Ponce Bank. Ponce Bank is a Minority Depository Institution, a Community Development Financial Institution, and a certified Small Business Administration lender. The Bank’s business primarily consists of taking deposits from the general public and to a lesser extent alternative funding sources and investing those deposits, together with funds generated from operations and borrowings, in mortgage loans, consisting of 1-4 family residences (investor-owned and owner-occupied), multifamily residences, nonresidential properties and construction and land, and, to a lesser extent, in business and consumer loans. The Bank also 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.

Ticker:
PDLB
Exchange:
NASDAQ (See More NASDAQ Companies)
Industry:
Regional - Pacific Banks (See More Regional - Pacific Banks Companies)
Sector:
Financial (See More Financial Companies)

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