Popular Celebrates 50 Years of Service in New York

Banco Popular, one of the nation's premier community banks and a subsidiary of Popular, Inc. (NASDAQ:BPOP), today celebrated fifty years of service in New York having opened its first branch in the Bronx, NY in November of 1961. Today Popular ranks 36th by assets among U.S. banks.

Popular Celebrates 50 Years of Service in New York; Four community organizations receive funding from the Banco Popular Foundation. (Left to right: Brian Doran, Banco Popular's NY Metro Region Executive; Beatriz Polhamus, Executive Director of Banco Popular Foundation; Richard Carrión, Chairman and CEO of Popular, Inc.; Cecilia Gaston of Violence Intervention Program, Inc; Carlos Vazquez, President of Banco Popular North America; Catherine Abate, Community Healthcare Network; Dawn Carrillo, NY Metro Marketing Manager; Robert Ion of Publicolor; James Dill, Housing and Services, Inc.) (Photo: Business Wire)

Popular held several customer events at select branches in the Bronx, Brooklyn and Manhattan. Along with the presentation of a Mayoral proclamation, a District proclamation and Borough proclamation were also given to Banco Popular in the Bronx. In Brooklyn, Borough president Marty Markowitz also presented a proclamation and Assemblyman Felix W. Ortiz’s office also presented the Bank with a special proclamation.

“The bank remains committed to nurturing local enterprise in New York and offers a full array of financial services to individuals and businesses that have a personal investment in the local economy,” said Brian Doran, Banco Popular’s New York Metro Region Executive. “Our team members devote hundreds of hours every year mentoring young students, fixing up gardens, painting schools, teaching financial literacy, sponsoring blood drives and many other activities that keep us rooted in our communities.”

In the NY Metro region which also includes New Jersey, Banco Popular has 39 branches, including 10 branches in Brooklyn, 5 in the Bronx, 12 in Manhattan, 4 in Queens, and 8 in New Jersey. Over the course of this past year, the bank has conducted over a half dozen branch renovations demonstrating a reinvestment and continued commitment to the region.

About Popular, Inc.

Founded in 1893, Popular, Inc. is the leading banking institution by both assets and deposits in Puerto Rico. 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.

Banco Popular was recently rebranded in Chicago, Florida and California as POPULAR COMMUNITY BANK. This initiative seeks to expand the customer base in the region.

Services of Popular are available at branches, online at www.mypopularbanking.com. For customers seeking more information, call 1-800-377-0800 or email popularnet@bpop.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50058523&lang=en

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