[Federal Register Volume 86, Number 177 (Thursday, September 16, 2021)]
[Notices]
[Page 51671]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-20045]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Savings and Loan 
Holding Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Home Owners' Loan Act (12 U.S.C. 1461 et 
seq.) (HOLA), Regulation LL (12 CFR part 238), and Regulation MM (12 
CFR part 239), and all other applicable statutes and regulations to 
become a savings and loan holding company and/or to acquire the assets 
or the ownership of, control of, or the power to vote shares of a 
savings association.
    The public portions of the applications listed below, as well as 
other related filings required by the Board, if any, are available for 
immediate inspection at the Federal Reserve Bank(s) indicated below and 
at the offices of the Board of Governors. This information may also be 
obtained on an expedited basis, upon request, by contacting the 
appropriate Federal Reserve Bank and from the Board's Freedom of 
Information Office at https://www.federalreserve.gov/foia/request.htm. 
Interested persons may express their views in writing on whether the 
proposed transaction complies with the standards enumerated in the HOLA 
(12 U.S.C. 1467a(e)).
    Comments regarding each of these applications must be received at 
the Reserve Bank indicated or the offices of the Board of Governors, 
Ann E. Misback, Secretary of the Board, 20th Street and Constitution 
Avenue NW, Washington DC 20551-0001, not later than October 18, 2021.
    A. Federal Reserve Bank of Philadelphia (William Spaniel, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521. Comments can also be sent electronically to 
[email protected]:
    1. Ponce Bank Mutual Holding Company, Bronx, New York; to convert 
from mutual to stock form. As part of the conversion, Ponce Bank Mutual 
Holding Company and PDL Community Bancorp, an existing mid-tier savings 
and loan holding company, will cease to exist and Ponce Bank, will 
become a wholly-owned subsidiary of Ponce Financial Group, Inc., all of 
the Bronx, New York, a newly formed Maryland corporation, which has 
applied to become a savings and loan holding company, pursuant to 
section 10(e) of HOLA, by acquiring Ponce Bank.

    Board of Governors of the Federal Reserve System, September 13, 
2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021-20045 Filed 9-15-21; 8:45 am]
BILLING CODE P