Popular Completes National Rebranding From Banco Popular to
Popular Community Bank
NEW YORK--(BUSINESS WIRE)--
After 51 years in New York, Banco Popular, a division of Popular, Inc.
(NASDAQ:BPOP), becomes Popular Community Bank on June 4 with signage and
related rebranding changes at 32 branches in New York City and seven in
New Jersey. The culmination of a two-year process, the name change
reflects an increasingly diverse customer base.
Banco Popular Completes National Rebranding to Popular Community Bank. After 51 years in New York, Banco Popular becomes Popular Community Bank on June 4, 2012 with signage and related rebranding changes at 32 branches in New York City and 7 in New Jersey. A worker changes a sign at the bank branch on 164 East 116th Street in New York City. (Photo: Andy Kaynor)
“The rebranding sends a clear message that we are a bank with the
personal service of a community bank, deep roots in our communities and
the capacity to meet the lending needs of any business,” said Richard
Carrión, Chairman and CEO of Popular.
The rebranding of the New York Metro branches completes the rebranding
of Popular’s U.S. banking operations that was successfully initiated as
a pilot program in Illinois in 2010 and simultaneously rolled out to
California and Florida in 2011.
“The rebranding has produced good results, more business and reenergized
our branches at a time when communities are looking for that personal
service,” said Carlos Vázquez, President of Popular Community Bank.
“With the name change, we want to maintain our strong connection to our
traditional Hispanic customers and broaden our appeal to all
demographics in the communities we serve.”
Throughout the New York Metro area, Popular is investing in the
refurbishment of its branch network and launching a region-wide
advertising campaign and extensive multi-media financial literacy
program.
Popular opened its first branch in New York City on Westchester Avenue
in the Bronx in 1961. The bank has grown with the city, with branches in
four of the five boroughs and seven branches in New Jersey within close
proximity of New York City. Popular Community Bank provides a broad
array of financial services for businesses and consumers, including
mobile banking and mobile check deposit. Popular Community Bank also
provides over 35,000 surcharge-free ATMs across the U.S.
Added Brian Doran, New York Region Executive: “We are changing in name
only. Popular Community Bank remains committed to delivering superior
customer service and staying actively involved in the communities where
we do business.”
Founded in 1893, Popular, Inc. is the leading banking institution by
both assets and deposits in Puerto Rico, and the 37th largest in the
U.S. by deposits. In the United States, Popular has established a
community-banking franchise providing a broad range of financial
services and products with 94 branches in New York, New Jersey,
Illinois, Florida and California.
Services of Popular are available at branches and online at www.mypopularbanking.com.
For customers seeking more information, call 1-800-377-0800 or email popularnet@bpop.com.
Find out about the community service of Popular Community Bank on
Facebook at www.facebook.com/PopularCommunityBank.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50295829&lang=en
For Popular, Inc.
Fran Del Valle, 212-717-5499
fran@influencecentral.com
or
Enrique
Martel, 787-920-3121
Manager
Corporate Communications
emartel@bppr.com
Source: Popular, Inc.