NEW YORK--(BUSINESS WIRE)--Banco Popular North America, one of the nation’s premier community banks and a subsidiary of Popular, Inc. (Nasdaq: BPOP), today announced the launch of Popular Direct, a national online banking platform that offers competitively priced Certificates of Deposits and a Savings Account.
Popular Direct plans to roll out online checking as well as some other consumer products over the next 18 months. Customers can manage their deposit accounts from their desktop or mobile device including accessing deposit images, and their account statements. The platform’s mission is to deliver a simpler, more straightforward banking experience and compelling savings strategies that meet different individual needs.
“Over 120 years ago, our bank was founded on the idea of providing access and transparency to financial services as a way to help customers achieve their financial aspirations and financial future. Popular Direct continues to deliver on that promise. This is a platform that is inclusive and can be used by anyone,” said Manuel Chinea, COO of Banco Popular North America. “The digital platform creates an enhanced multichannel experience that leverages online and mobile technology while still providing convenient access to our live care center representatives 24/7.”
A Popular Direct online account offers access to:
- A savings account with a minimum of $5,000
- Competitive rates on Certificates of Deposit with a minimum opening balance of $10,000
- 24/7 customer service center
For more information on Popular Direct visit www.populardirect.com
About Banco Popular North America
As a premier community bank, Banco Popular North America (BPNA) strives to create a lasting legacy. Grounded by 122 years of strong values of its parent company Popular Inc., (NASDAQ: BPOP), BPNA has a laser focus on customer service, tremendous dedication to its communities and commitment to deliver shareholder value.
All Popular Direct deposit products are offered by, and will be opened through BPNA. BPNA is a Member FDIC institution and a New York state chartered bank. Processing services for all Popular Direct deposit products are provided by BPNA. All deposits with BPNA (including deposits through Popular Direct deposit products) are insured by the FDIC up to the applicable maximum amount allowed by law for each deposit ownership category.
For more information about FDIC Insurance coverage of deposit accounts, visit https://www.fdic.gov/deposit/deposits
© 2016 Banco Popular North America. Member FDIC.
