PDLB - PDL Community Bancorp

Company Profile

PDL Community Bancorp is a holding company of Ponce Bank, which engages in the provision of bank and financial services. The company is headquartered in Bronx, New York and currently employs 181 full-time employees. The firm is primarily engaged in taking deposits from the general public and investing those deposits in mortgage loans, consisting of one-to-four family residences, multifamily residences, nonresidential properties and construction and land, and, to a lesser extent, in business and consumer loans. The company also invests in securities as well as, mortgage-backed securities and federal home loan bank stock. The firm offers a variety of deposit accounts, including demand, savings, money markets and certificates of deposit accounts.