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Discussion in 'Credit Talk' started by michael, Apr 21, 2000.
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There are three Banco Populars of which I am aware. One in Mexico, one in Puerto Rico and one in Equador. I have a vague recollection of reading on the financial pages that Banco Popular de Puerto Rico wanted to establish a continental U.S. presence and planned to do this via credit cards, personal loans and on-line banking. I think they were planning on targeting areas with large Latino populations.
Several year ago (perhaps even 20) there was a bank by this name in the NY Metro area. I don't know if it's the same one or it had gotten sucked up by some big mega-bank like Citibank, Chase, or Bankers Trust.
There is actually one of their branches in the Houston Area, off of Hwy 59 and Gessner Road. I used to live near there, I just moved from that area 3 months ago and it was still there last time I was in Houston. So they do have US offices.
Well, I live in Puerto Rico and we have a locally-owned Banco Popular (don't know about other countries), it is a very well known bank down here (one of the biggest), based here and now expanding into major hispanic markets in the mainland. For what I have dealt with them, they are very professional and helpful, just that their interests rates are quite high. On a side note, you can visit their web page (www.bppr.com).
It is still there. It has not been acquired. It is based in Puerto Rico.
This question came up before. There are several location in the Chicago area. You can look them up on the internet and get a phone number
they are located in the Bronx NY.. There are plenty of Branches there.. I hope this helps.. Mike