Popular Community Bank Launches Mobile Check Deposit App in Latest Advance of Mobile Banking Platform
February 29 2012 - 10:09AM
Business Wire
Popular Community Bank today announced the availability of its
new Popular Mobile Check Deposits service that enables easy 3 Step,
anytime/anywhere deposits of checks up to $1,500 using iPhone or
Android.* To deposit a check a customer with the Mobile app only
has to: 1) Access the app and start a new deposit; 2) Take a
picture of the front and back of the check; 3) Fill out basic
information; and press the ”deposit check” button. Mobile Check
Deposits is the latest addition to the Popular Mobile Banking
Platform, launched in November 2011
Find more information here:
https://www.mypopularbanking.com/us/mobile-check-deposits
“Our mission is to maintain our strong local roots and offer
advanced services customers usually associate with large, national
banks,” said Manuel Chinea, Senior Vice President, U.S. Retail
Banking Operations. “Our Mobile Banking Platform and online banking
gives customers 24/7 access from iPhone and Android mobile devices
and any computer with Internet connection. Clearly, more and more
customers appreciate the convenience of mobile banking, and we are
glad to offer them these advanced services.”
According to a recent study Federal Study¹, use of paper checks
declined 7.1% since 2006, with a 45% growth in electronic
payments.
Banco Popular North America (“Popular”) operates 94 branches in
four U.S. regions – Illinois, Florida, New York/New Jersey, and
California. Popular features 35,000 surcharge-free ATMs across the
U.S., online banking, and a full array of individual and commercial
banking services. Popular offers “Totally Free Checking,” and is
firmly rooted in the communities it serves, through volunteer work
and outreach. Popular operates as Popular Community Bank in
California, Florida and Illinois and as Banco Popular in New York
and New Jersey. The bank rebranded to reflect Popular’s broader,
diversified customer base.
¹ “Noncash Payment Trends in the United States, 2006 –
2009,” research sponsored by the Federal Reserve System, release
April 5, 2011.
About Popular, Inc.
Founded in 1893, Popular, Inc. is the leading banking
institution by both assets and deposits in Puerto Rico, and the
36th 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
mypopularbanking.com. For customers seeking more information, call
1-800-377-0800 or email popularnet@bpop.com. Find Popular Community
Bank on Facebook at facebook.com/PopularCommunityBank
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