Banco Popular

Largest Hispanic-owned bank in the U.S.

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U.S. Headquarters:
4000 West North Avenue
Chicago, IL 60639
Employees: 12,142
CEO: Richard Carrion
Stock Symbol: BPOP

Website: http://www.bancopopular.com

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Banco Popular is a subsidiary of Popular, Inc. with more than $44 billion in assets, and is ranked among the country's 30 largest bank holding companies. It is the largest bank in Puerto Rico and largest Hispanic bank in the U.S.

Banco Popular North America has 137 branches in six states with 32 branches in New York , 20 in Illinois , 46 in California , 14 in New Jersey , 18 in Florida and 7 in Texas. Banco Popular is headquartered in Puerto Rico with North American regional headquarters in Chicago.

Other subsidiaries include:

Equity One
Engaged in the business of personal and mortgage loans and retail financing to merchants and dealers. Equity One operates through a network of 181 offices in 26 states with total managed loans reaching $6.5 billion.
 
Popular Leasing USA
This subsidiary of Banco offers small to large ticket commercial and medical equipment leasing. It operates 14 offices in 9 states, and has over $308 million in assets.

Popular Mortgage USA
Banco Popular's central mortgage operation in the United States, dedicated to the wholesale loan business.

In 2004, Popular reported revenues of $2.8 billion and net income of $489.9 million.  It was named one of The Best Companies to Work For in America.

History

Founded in Puerto Rico in 1893, Banco Popular established its presence on the U.S. mainland in New York City in 1961.

Benefits

- Medical Dental
- 401(K) Retirement Plan
- Flexible Spending
- Life Insurance
- Disability Insurance
- Comprehensive Training
- Tuition Assistance
- Paid sick days
- Paid Holidays
- Paid Vacation days

Updated December 6, 2005

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