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The BPPR in the logo stands for Banco Popular de Puerto Rico, where the bank has its major historical footprint. Popular, Inc. is the parent company of Banco Popular de Puerto Rico, Popular Bank, E-Loan, and several other companies. The headquarters of Banco Popular Puerto Rico is in Hato Rey, San Juan.
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.
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]
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 ...
Banco de Ponce. Banco de Ponce's main office, in downtown Ponce (above), was built in 1924, seven years after the bank was founded. Banco de Ponce was the Puerto Rican bank with the largest number of branches in the United States and second largest bank in deposits and number of branches in Puerto Rico during the twentieth century.
June 25, 1987. The Banco de Ponce building, a historic building in Ponce, Puerto Rico, was the first and main office of Banco de Ponce until the company merged with Banco Popular in 1990. Though its headquarters had moved to a presumptuous building in Hato Rey 's Milla de Oro by then, Banco de Ponce continued to consider this building its main ...
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]
Javier D. Ferrer Fernández (born December 29, 1961) [1] is a Cuban-American lawyer, financial advisor, businessman and politician who served as President and member of the board of the Puerto Rico Government Development Bank for Governor Alejandro García Padilla. He graduated from Harvard University with a Bachelor of Arts degree in 1983 and ...
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