Ponce Bank Appoints Marlene Cintron to Board, Enhancing Community Development Efforts
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2026
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Source: Globenewswire
- Leadership Enhancement: Ponce Bank's appointment of Marlene Cintron to its Board brings over 30 years of experience in economic development and public policy, which is expected to advance the bank's strategic goals in serving historically underserved communities.
- Community Investment: During her tenure at the Bronx Overall Economic Development Corporation, Cintron successfully reduced Bronx unemployment from 14% to under 6%, providing valuable insights for Ponce Bank's lending strategies in low-income neighborhoods.
- Small Business Growth: As the Region 2 Administrator for the U.S. Small Business Administration, Cintron championed policies that led to a 20% increase in small business growth, aligning with Ponce Bank's mission and potentially enhancing its influence in small business financing.
- Diversity Advocacy: Cintron's appointment not only enhances the board's diversity but also promotes Ponce Bank's influence within the Latino community, further solidifying its position as a leading Latino-led financial institution.
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About PDLB
Ponce Financial Group, Inc. is the holding company of Ponce Bank (the Bank), a federally chartered stock savings association. It operates through an administrative office and approximately 13 full-service banking offices and five mortgage loan offices. The Bank's business primarily consists of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in mortgage loans, consisting of one-to-four family residential (both investor-owned and owner-occupied), multifamily residential, nonresidential properties and construction and land, and, to a lesser extent, in business and consumer loans. It also invests in securities, corporate securities, mortgage-backed securities, and Federal Home Loan Bank of New York stock. The Bank offers a variety of deposit accounts, including demand, savings, money markets and certificates of deposit accounts. Its primary market area consists of the New York City metropolitan area.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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