Ponce Financial Group Inc
NASDAQ:PDLB
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Ponce Financial Group Inc
Ponce Financial Group, Inc. operates as a holding company. The company is headquartered in Bronx, New York. The company went IPO on 2017-10-02. The Bank is a federally chartered stock savings association. The Bank's business primarily consists of taking deposits from the general public and investing those deposits in mortgage loans, consisting of one-to-four family residential, multifamily residential, non-residential properties, construction and land, and in business and consumer loans. The company also invests in securities, which consists of United States government and federal agency securities and securities issued by government-sponsored or owned enterprises, as well as mortgage-backed securities, corporate bonds and federal home loan bank of New York (the FHLBNY) stock. The Bank offers a variety of deposit accounts, including demand, savings, money markets and certificates of deposit accounts. The Bank's business is conducted through its administrative office and through branch banking offices.
Ponce Financial Group, Inc. operates as a holding company. The company is headquartered in Bronx, New York. The company went IPO on 2017-10-02. The Bank is a federally chartered stock savings association. The Bank's business primarily consists of taking deposits from the general public and investing those deposits in mortgage loans, consisting of one-to-four family residential, multifamily residential, non-residential properties, construction and land, and in business and consumer loans. The company also invests in securities, which consists of United States government and federal agency securities and securities issued by government-sponsored or owned enterprises, as well as mortgage-backed securities, corporate bonds and federal home loan bank of New York (the FHLBNY) stock. The Bank offers a variety of deposit accounts, including demand, savings, money markets and certificates of deposit accounts. The Bank's business is conducted through its administrative office and through branch banking offices.
