---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-023819"
form_type: "8-K"
ticker: "PDLB"
cik: "0001874071"
company_name: "Ponce Financial Group, Inc."
filed_at: "2023-05-24T23:59:59+00:00"
generated_at: "2026-06-14T16:13:57.010697+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Ponce Bank recertified as CDFI by U.S. Treasury on May 19, 2023

## Summary
- U.S. Treasury recertified Ponce Bank as a Community Development Financial Institution effective May 19, 2023.
- Ponce Bank is one of only 33 U.S. banks holding both CDFI and Minority Depository Institution designations.
- CDFI certification enables access to federal grants, programs, and funding for low-income and minority communities.
- The bank has served underserved Hispanic, African-American, and low-income communities in NYC for over 60 years.

## SEC filing metadata
- accession: 0000950170-23-023819
- form_type: 8-K
- ticker: PDLB
- cik: 0001874071
- company_name: Ponce Financial Group, Inc.
- filed_at: 2023-05-24T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874071/000095017023023819/0000950170-23-023819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874071/000095017023023819/pdlb-20230524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-023819
- JSON: https://secwatch.observer/filing/0000950170-23-023819.json
- Plain text: https://secwatch.observer/filing/0000950170-23-023819.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.