Marlene Cintron, a distinguished leader and lifelong Bronx resident, has been appointed to Ponce Bank’s Board of Directors. With a career spanning public service, economic development, and finance, Cintron’s impact has been felt nationally and locally. Her work at the Bronx Overall Economic Development Corporation led to a significant decrease in unemployment and attracted over $9 billion in private investment. Cintron’s recent role as the U.S. Small Business Administration’s Region 2 Administrator resulted in a 20% increase in small business growth across the region. Ponce Bank looks forward to leveraging her expertise in economic development and community-focused investment.

Ponce Bank, founded in the Bronx in 1960, operates 13 branches in the New York Metro area with $3.2 billion in assets. As one of the nation’s largest Latino-led Minority Depository Institutions and Community Development Financial Institutions, Ponce Bank directs 75% of its loans to low- and moderate-income neighborhoods. The Bank has been ranked #1 in Housing Focus among the 20 largest CDFI banks. For more information, contact Jane Trachet at +1 (718) 734-7730 or [email protected].

Read more at GlobeNewswire: Ponce Bank N.A. Announces Appointment of Marlene Cintron to