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Popular, Inc., doing business as Banco Popular in Puerto Rico and the Virgin Islands and as Popular Bank in the mainland United States, is a financial services conglomerate that has operated in Puerto Rico for over 125 years and in the mainland United States for over 52 years. In recent years, it has expanded into other areas of the Caribbean ...
In 1930, Banco Popular purchased the oldest and most respected banking institution on the island, the Banco Comercial de Puerto Rico. With a total of $8.82 million in deposits in 1937, Banco Popular became the largest bank in Puerto Rico. In 1938, it became the first bank in Puerto Rico to offer FHA mortgage loans.
David H. Chafey Jr. is a business executive and the current chairman of the board of the Puerto Rico Government Development Bank. Before the GDB, Chafey was the Chief Operating Officer of Popular, Inc. and former President of Banco Popular de Puerto Rico. Chafey is a member of the Caribbean Business Hall of Fame in recognition of him being ...
Richard L. Carrión Rexach (born in November 26, 1952) [1] is the executive chairman of Popular, Inc., the parent company of Banco Popular de Puerto Rico and Popular Bank. Prior to assuming his current position in July 2017, he served as chairman and chief executive officer of Popular, Inc. for over 20 years. [2]
Banco Popular Completes the Sale of $438 million (Book Value) of Non-Performing Residential Mortgage Loans SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- Popular, Inc. (NAS: BPOP) ("Popular") announced ...
The W Holding Company was a financial holding corporation located in Mayagüez, Puerto Rico. On April 30, 2010, Westernbank, its wholly owned bank subsidiary, failed and its deposits and assets were seized by the Federal Deposit Insurance Corporation and subsequently sold to Banco Popular de Puerto Rico. [1]
Alfredo Salazar (March 10, 1942, in San Juan, Puerto Rico – November 11, 2023) was an economist by education and a banker by profession. He entered into public service and ran for an elected position affiliated with the Popular Democratic Party of Puerto Rico (PDP). He ran for the office of Resident Commissioner of Puerto Rico in the United ...
Carlos Rivas Quiñones [a] is an attorney, banker and economist, and a former director of the Puerto Rico Office of Management and Budget. Rivas currently serves as Senior Vice President in the mortgage business at Banco Popular de Puerto Rico. Rivas was previously the executive director of the Puerto Rico Financing of Housing Authority, a ...
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