Actions taken by the Federal Reserve Bank of Philadelphia under delegated authority

Bank Holding Companies
Dime Community Bancshares, Inc., Brooklyn, New York -- to become a bank holding company through the conversion of its wholly owned subsidiary, Dime Community Bank, Brooklyn, from a state savings bank to a state-chartered commercial bank.
- Approved, March 7, 2019
Financial Holding Companies
Ponce Bank Mutual Holding Company, Bronx, New York, and PDL Community Bancorp -- election to become financial holding companies.
- Effective, February 21, 2019
Savings and Loan Holding Companies
Beneficial Bancorp, Inc., Philadelphia, Pennsylvania -- to convert to a savings and loan holding company upon the conversion of Beneficial Bank, Philadelphia, from a state-chartered savings bank to a stock federal savings bank.
- Approved, February 25, 2019

Last Update: March 21, 2019