Popular, Inc. is an American Puerto Rican financial company that operates under the commercial name "Banco Popular" in Puerto Rico and the Virgin Islands, as Popular Bank in the continental United States, and in other parts of the Caribbean and Central America. It was founded in 1893.
History
The bank was established in Puerto Rico in 1893, when the island was still under Spanish jurisdiction.
Beginning in 2010, the bank changed its continental U.S. branches to Popular Community Bank, and in 2018 it changed its current name.
In 2014, it sold many of its U.S. mainland branches to cut costs and increase its reserves.
