Ponce Bank Awarded $50,000 Through FHLBNY Small Business Recovery Grant Program

NEW YORK, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Ponce Bank announced today that it has been awarded $50,000 through the Federal Home Loan Bank of New York (FHLBNY) Small Business Recovery Grant (SBRG) Program. The grant funds have been distributed to 12 small businesses and nonprofits across the communities Ponce Bank serves, providing critical support to local entrepreneurs and helping sustain operations amid ongoing economic challenges.

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