Ponce metropolitan area

PDL Community Bancorp Announces Completion of Sale and Leaseback of Real Property

Retrieved on: 
Tuesday, June 8, 2021

NEW YORK, June 08, 2021 (GLOBE NEWSWIRE) -- PDL Community Bancorp (the Company) announces that on June 4, 2021, Ponce Bank (the Bank), a subsidiary of the Company, completed the previously disclosed sale of real property that the Bank owned, located at 5560 Broadway, Bronx, New York (the Real Property).

Key Points: 
  • NEW YORK, June 08, 2021 (GLOBE NEWSWIRE) -- PDL Community Bancorp (the Company) announces that on June 4, 2021, Ponce Bank (the Bank), a subsidiary of the Company, completed the previously disclosed sale of real property that the Bank owned, located at 5560 Broadway, Bronx, New York (the Real Property).
  • The net book value of the Real Property as of April 30, 2021 was $1.1 million.
  • As a result of the sale of the Real Property, the Company anticipates realizing a pre-tax gain of approximately $4.2 million.
  • PDL Community Bancorp is the financial holding company for Ponce Bank and Mortgage World Bankers, Inc. Ponce Bank is a federally chartered savings association.

Ponce De Leon Foundation Announces Grant Awards

Retrieved on: 
Thursday, December 31, 2020

Madeline V. Marquez, Executive Director of the Ponce De Leon Foundation, stated, We are honored to support these organizations during the challenging times of COVID-19.

Key Points: 
  • Madeline V. Marquez, Executive Director of the Ponce De Leon Foundation, stated, We are honored to support these organizations during the challenging times of COVID-19.
  • Carlos P. Naudon, President and Director of the Ponce De Leon Foundation, stated, COVID-19 has proven that non-profits are ever so important in the well-being of our communities.
  • About the Ponce De Leon Foundation:Ponce De Leon Foundation is a private 501(c)3 charitable corporation launched in 2017 with a generous gift of stock and cash from Ponce Bank, when the Bank was converted to mutual holding company.
  • Ponce De Leon Foundations mission is to improve the quality of life in the communities in which Ponce Bank maintains full-service branches.

Rack & Riddle's Agustin Ponce Honored with North Bay Business Journal Latino Business Leadership Award

Retrieved on: 
Thursday, November 12, 2020

HEALDSBURG, Calif., Nov. 12, 2020 /PRNewswire-PRWeb/ -- For the fifth consecutive year, North Bay Business Journal (NBBJ) honored 13 of the region's most influential Latino Leaders in Business on October 30, 2020.

Key Points: 
  • HEALDSBURG, Calif., Nov. 12, 2020 /PRNewswire-PRWeb/ -- For the fifth consecutive year, North Bay Business Journal (NBBJ) honored 13 of the region's most influential Latino Leaders in Business on October 30, 2020.
  • Rack & Riddle is proud to announce that its Director of Operations, Agustin Ponce , is one of this year's well-deserved honorees.
  • Ponce has worked for Rack & Riddle for a decade, leading production operations since 2016, managing a crew of 24 cellar and production employees.
  • A longtime fixture in the wine industry, Ponce worked his way up through the ranks of several large-scale winery cellars prior to working for Rack & Riddle.