Business View Magazine | June 2022

127 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 6 PONCE BANK government-backed ECIP (Emergency Capital Investment Program). They were pre-approved to receive $186 million, and hope to receive more as part of that program. Having that additional capital will allow them to reach out and make a lot more loans to communities that are underserved – not undeserving. Ponce Bank’s 260 employees are a hard-working, dedicated group – many having 25 to 30 years tenure. Naudon explains, “We have a family-type culture. We’re very respectful of one another and driven by what we’re trying to do for the community. That, to many of our people, is the alignment of our mission with their views of what role they should play. The bulk of our workforce is immigrant or first generation and they really feel a responsibility to give back for the opportunity they received when they came here. But we are very watchful that we pay a market level wage for the jobs they do. Also because we’re now a fully public company, Laurel Hill has all the right tools to keep your stress in check. We believe its better to be proactive rather than reactive. Check out our tool kit at laurelhill.com BLOOD PRESSURE ABITHIGH? Proxy Solicitation Asset Reunification (516) 933-3100 laurelhill.com