Banco Popular or Popular Bank is a financial institution founded in 1893 and headquartered in San Juan, Puerto Rico. It is the largest bank in the Commonwealth of Puerto Rico. Banco Popular operates a network of more than 550 branches on the island. The bank also maintains representative offices in Miami and New York City.
It offers a wide range of deposit and loan products to individuals and businesses on the island. The bank’s lending portfolio includes mortgages, auto loans, credit cards, and small business loans. Banco Popular is one of the leading providers of credit cards in Puerto Rico. In addition, the bank offers online banking services, including bill payment and funds transfer capabilities.
Banco Popular has been profitable every year since its inception. The bank reported total assets of $14.5 billion and total loans of $10.9 billion as of September 30, 2013.
This financial institution has competitors amongst many others but continues to work its way up the latter as one of the most successful. It is a reliable resource for many Puerto Ricans and tourists looking to take out loans or deposit money. With so many years of experience, it has definitely made a name for itself in this industry.
Important Update on COVID-19
In response to COVID-19, Banco Popular working hours can vary, or maybe the spot can be currently closed as a consequence of quarantine limits. Check out the specifics of delivery choices on the local website of Banco Popular.
Banco Popular tweaked their working hours to permit employees a little extra time to clean as well as resupply goods on racks. Added to that, numerous Banco Popular locations have recently set up distinct shopping hours for members of the at-chance class.
What time does Banco Popular open?
| Monday | 08:00 AM – 05:00 PM |
| Tuesday | 08:00 AM – 05:00 PM |
| Wednesday | 08:00 AM – 05:00 PM |
| Thursday | 08:00 AM – 05:00 PM |
| Friday | 08:00 AM – 05:00 PM |
| Saturday | closed |
| Sunday | closed |
Is Banco Popular open on weekends? – No, they are closed on Saturdays and Sundays.
What are Banco Popular hours for today? – You can check out our tables and in case you need a certain store – examine the official webpage.
What time does Banco Popular close? – They close at 5pm.
Are they open right now? – You need to look at the table above.
What is the history of Banco Popular financial services?
The story begins in 1893 in Puerto Rico when a group of businessmen came together to form the Banco Popular. For over a century, this financial institution has been providing reliable services to individuals and businesses on the island.
During the 1970s Banco Popular provided telecommunication services for the first time in Puerto Rico. In 1983, it became the first bank in the country to offer a debit card. In 1995, Banco Popular acquired a majority stake in Oriental Bank, one of the leading banks on the island.
Banco de Ponce in 1990, followed by the acquisition of Banco Inversiones in 1994.
If you wonder whether Banco Popular is the same as Popular Bank, you should know that in 2000 the name was changed to Popular Inc. and the company became a public corporation. In 2013, Banco Popular announced the acquisition of a majority stake in Primer Banco, another leading bank on the island.
The bank operates a network of more than 550 branches and also maintains representative offices in Miami and New York City. It offers a wide range of deposit and loan products to customers.
The bank’s lending portfolio includes mortgages, auto loans, credit cards, and small business loans. Banco Popular is one of the leading providers of credit cards in Puerto Rico. In addition, the bank offers online banking services, including bill payment and funds transfer capabilities.
Banco Popular Holiday Hours – Close
| DATE | HOLIDAY |
|---|---|
| January 1 | New Year’s Day |
| November 28 | Thanksgiving Day |
| December 25 | Christmas Day |
| May 8 | Mother`s Day |
| April 17 | Easter |
| Third Sunday of June | Father`s Day |
| January 21 | Martin Luther King Day |
| May 27 | Memorial Day |
| July 4 | Independence Day |
| September 2 | Labor Day |
| October 14 | Columbus Day |
| November 11 | Veteran`s Day |
| December 24 | Christmas Eve |
| December 31 | New Year`s Eve |
Banco Popular Holiday Hours – Open
| DATE | HOLIDAY |
|---|---|
| February 14 | Valentine’s Day |
| February 18 | President’s Day |
| March 5 | Mardi Gras Fat Tuesday |
| March 17 | St. Patrick’s Day |
| April 19 | Good Friday |
| April 22 | Easter Monday |
| May 5 | Cinco de Mayo |
| October 31 | Halloween |
| November 29 | Black Friday |
What are the locations of Banco Popular banks?
At the moment, Banco Popular has 550 branches on the island. Besides that, it has some offices in Miami and New York City. You can check the website to see if there is a closer one to you.
Banco Popular near me
Popular Inc. as a parent company
Today Popular Inc. is considered to be the parent company of Banco Popular de Puerto Rico, Popular Bank, E-Loan, and some other companies.
Banco Popular de Puerto Rico – this is the bank that was founded in 1893 and is the largest bank on the island. It has over 1,000 branches and more than 3,000 ATMs.
Popular Bank – this is the United States banking subsidiary of Banco Popular de Puerto Rico. It was founded in 1985 and operates over 190 branches across Connecticut, Delaware, Florida, Maryland, Massachusetts, New Jersey, New York, and Pennsylvania.
E-Loan – this is an online consumer finance company that offers personal loans, home mortgages, and other financial products to consumers in the United States. It was acquired by Banco Popular in 2000.
What are the different types of services that Banco Popular offers?
Banco Popular offers a wide range of products and services, including the following.
Personal Financing
This service offers a personal line of credit that can be used for a variety of purposes, such as home improvement, education, and travel. Banco Popular also offers a variety of other personal financing products, such as mortgages, car loans, and student loans. Personal financing services also will give you a credit card that you can use for cash advances and other transactions.
Personal Loans
You can always get a personal loan from Banco Popular, no matter what your credit history is like. You can borrow money for just about any purpose, such as consolidating debt, making home improvements, or taking a vacation. Personal loans at Banco Popular are given for those with good to excellent credit. Credit builders at this financial institution can help establish or rebuild credit.
Business Loans
Banco Popular offers a wide range of loans for businesses, from small businesses that are just starting out to large companies that need money to expand. There are loans for buying new equipment, financing a new business venture, and even refinancing existing debt.
Are you looking for a reliable and trustworthy financial institution to handle your banking needs? Look no further than Banco Popular. This well-known and respected bank has been providing quality products and services to its customers for many years. You can be sure that you will receive the best possible care at Banco Popular. Stop by one of their branches today and speak with one of their friendly representatives to get started.
Home Equity Line of Credit
There is a service that Banco Popular offers to help you borrow money against the equity that you have in your home. This is called a Home Equity Line of Credit, or HELOC. With this type of loan, you can borrow as much or as little money as you need, up to a certain limit. You can use the money for whatever you want, such as remodeling your home or paying for college tuition.
Credit Cards
Banco Popular offers a variety of different credit cards, each with its own set of benefits and features. There are cards designed specifically for people with good credit, cards with rewards programs, and even cards specifically for people who travel frequently. You are sure to find a Banco Popular credit card that meets your needs.
Mortgage
Banco Popular provides such services as Mortgage Refinance, Debt Consolidation Loans, and Home Equity Loans. You will be able to find a mortgage that best suits your needs such as 30-year fixed, adjustable rate, or jumbo mortgages. When choosing a mortgage, it is important to work with a company that you can trust, and Banco Popular is definitely a company that you can rely on.
Banco Popular is a reliable and trustworthy financial institution that offers a wide range of products and services to its customers. You can be sure that you will receive the best possible care at Banco Popular. Stop by one of their branches today and speak with one of their friendly representatives to get started.
Stocks, Bonds, and Mutual Funds at Banco
Popular Inc. also offers a wide range of services when it comes to investments which is through the buying and selling of stocks, bonds, and mutual funds. You are able to get more information on such products either through their website or one of their brick-and-mortar locations.
Banco Popular is a reliable and trustworthy financial institution that offers a wide range of products and services to its customers. You can be sure that you will receive the best possible care at Banco Popular. Stop by one of their branches today and speak with one of their friendly representatives to get started.
Annuities and Insurance
Banco Popular offers a variety of annuities and insurance services to its customers. You are able to get more information on such products either through their website or one of their brick-and-mortar locations.
Insurance at Banco Popular comes in a few different varieties. You can get life insurance, health insurance, car insurance, and home insurance. There are also plans that combine multiple types of coverage into one policy.
Banco Popular’s annuities offer a number of benefits to the customer. For example, you may be able to get a guaranteed income for life or have your payments increased each year to keep up with inflation. Be sure to check out Banco Popular’s website or a local branch to learn more about their products and services!
Educational Planning
This financial institution offers different educational plans for students who are still in school and for people who have already graduated. Students will be able to find information on what is available to them, such as scholarships and loans. For those who are no longer students, Banco Popular offers a variety of different retirement plans that can help you save for your future.
Banco Popular has a variety of different educational plans for students who are still in school. One of these plans is the Préstamo Estudiantil, which is a loan that can help you pay for your education. This loan has a fixed interest rate and no prepayment penalties. You can use it to pay for tuition, books, and other school-related expenses.
Is Banco Popular an international bank?
Banco Popular is a financial institution that operates in Puerto Rico and a few other Latin American countries. It is not an international bank. However, it has been expanding its services to cater to more customers in different parts of the world. For example, it has been offering online banking and other digital services to make it easier for people to conduct their banking activities no matter where they are.
Additionally, Banco Popular has been increasing its presence in the United States by opening new branches and partnering with other banks. So, although it is not an international bank, it is becoming increasingly global.
FAQs
Is Banco Popular still in business?
Banco Popular is definitely still in business! It has been around for over 100 years and has a strong track record of providing quality products and services to its customers. It has also been expanding its reach by entering new markets and partnering with other banks. So, if you are looking for a reliable and trustworthy financial institution, be sure to consider Banco Popular!
Who owns Banco Popular in the Dominican Republic?
Grupo Popular is a company that owns Banco Popular in the Dominican Republic. It is a publicly traded company, which means that its stock is available for purchase by the general public. You can find out more information about Grupo Popular on its website or on the stock exchanges where its stock is traded.
Privacy Policy
Banco Popular takes the privacy of its customers very seriously. They have a detailed privacy policy that explains how they collect, use, and protect your personal information. You can read this policy on their website or at one of their branches.
Conclusion
Today Banco Popular or Popular Inc. is a large commercial bank in Puerto Rico, with core businesses in retail banking, mortgage lending, and credit cards. It is also the largest bank in terms of deposits and loans in Puerto Rico.
Banco Popular operates in a number of other Latin American countries, including the Dominican Republic, Colombia, Peru, and Ecuador. In the United States, it has a growing presence with over 190 branches. The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol POP.
Banco Popular is a reliable and trustworthy financial institution that offers a variety of products and services to its customers. You can learn more about what they have to offer by visiting their website or one of their branches.
