Popular, Inc.

Puerto Rico's largest-footprint regional bank holding company, founded in 1893

What Popular does

Popular, Inc. owns banks that serve individuals and businesses in Puerto Rico, the mainland United States, the British Virgin Islands, the Caribbean, and Latin America. Customers can open checking, savings, and retirement accounts there and take out home, auto, personal, and business loans. It also sells insurance, investment services, cards, and online banking.

How Popular makes money

Most of its income comes from the gap between the interest it earns on commercial, mortgage, consumer, and auto loans and leases and the interest it pays on deposits. It also collects fees from cards, insurance, brokerage, fiduciary, wealth management, and transaction services.

Products & services

• Checking, savings, money market accounts and CDs
• Commercial, commercial real estate, and construction loans
• Residential mortgages and home equity lines of credit
• Auto loans, leases, and equipment financing
• Insurance services (life, health, property, auto, title)
• Broker-dealer, private banking, and fiduciary services