Ponce Bank Appoints Marlene Cintron to Board of Directors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2026
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Source: Newsfilter
- Leadership Appointment: Ponce Bank has appointed Marlene Cintron to its Board of Directors, bringing over 30 years of experience in economic development and public policy, which is expected to enhance the bank's efforts in serving historically underserved communities.
- Community Impact: During her tenure as President of the Bronx Overall Economic Development Corporation, Cintron successfully reduced Bronx unemployment from 14% to under 6%, which will likely enhance Ponce Bank's reputation and influence within the local community.
- Investment Attraction: Under Cintron's leadership, the Bronx attracted over $9 billion in private investment, resulting in more than 44,000 new housing units, providing Ponce Bank with increased lending opportunities and potential for business growth.
- Small Business Support: As the U.S. Small Business Administration's Region 2 Administrator, Cintron championed efforts that led to a 20% increase in small business growth, aligning with Ponce Bank's mission and strengthening its market position in small business financing.
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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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