Popular Bank logo

Popular Bank in New York, NY

3.4/5
Google rating from 22 reviews

Full-service bank offering checking, savings, loans, credit cards, and investment services across the U.S., Puerto Rico, and Virgin Islands since 1961.

Data compiled from public sources · Google rating shown when a stored review count is available

Popular Bank Review

S. , a publicly traded financial services company founded in 1893. S.

banks by assets. S. Virgin Islands, serving consumers and businesses with a century-plus heritage in financial services.

Popular Bank offers a comprehensive suite of banking and financial products. 85% APY depending on deposit size), money market accounts, and IRAs. They provide financing solutions including personal loans, home equity lines of credit, and eight credit card options.

Investment services are available through Popular Investments®, offering stocks, bonds, mutual funds, annuities, insurance products, and retirement/educational planning. They also offer online and mobile banking with 24/7 access and debit cards. Popular Bank distinguishes itself through its multi-generational wealth philosophy and emphasis on relationship banking rather than transactional banking.

The company highlights over a century of heritage and values, positioning itself as a long-term financial partner for families across generations. They offer tiered CD rates with no long-term commitment requirement and provide access to over 55,000 Allpoint ATMs worldwide in addition to their own branch network. Their Popular Private Client division offers concierge banking, VIP service, and exclusive events for premium customers.

Popular Bank is best suited for customers seeking a established, full-service bank with regional presence and comprehensive financial products. Consumers should note that specific APRs, fees, application requirements, and eligibility criteria are not detailed on the homepage, and more detailed product terms would need to be reviewed on individual product pages. The bank's multi-regional focus means service quality and product availability may vary by location.

Services & Features

Annuities and insurance products
Business banking and treasury management
Certificate of Deposit (CD) accounts with tiered rates
Checking accounts (including interest-bearing Popular Prestige Checking)
Credit cards (8 options available)
Debit cards (Mastercard®)
Home equity lines of credit
Individual Retirement Accounts (IRAs)
Investment services including stocks, bonds, and mutual funds
Online and mobile banking with 24/7 access
Personal loans for debt consolidation and purchases
Private Client concierge banking services
Retirement and educational planning services
Savings accounts and money market accounts

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • Access to over 55,000 Allpoint ATMs worldwide plus own branch network
  • Tiered CD rates with no long-term commitment (3.70%-3.85% APY)
  • Popular Prestige Checking earns interest on account balance
  • Comprehensive product suite: checking, savings, loans, cards, investments, insurance
  • 24/7 online and mobile banking access
  • Established institution with over a century of heritage (Popular, Inc. founded 1893)
  • Private Client division with concierge banking and VIP services

Cons

  • Homepage does not disclose APRs, fees, or specific eligibility requirements for loans and credit cards
  • Limited product transparency—rates and terms must be accessed through separate pages or application
  • Regional focus on three regions (U.S., Puerto Rico, Virgin Islands) may limit availability for some consumers
  • No information on minimum account balances or maintenance fees for checking/savings products
  • Private banking benefits appear exclusive to higher-tier customers, limiting access for average consumers

State Consumer Finance Context

This is state-level context for Banks consumers in New York, NY. It does not confirm that Popular Bank or this specific location is licensed.

State regulator

New York Department of Financial Services

Key state rules to check

  • Payday lending is banned; civil usury cap of 16% and criminal usury cap of 25% make it illegal.
  • The Department of Financial Services actively enforces against online payday lenders targeting NY residents.
  • Licensed lenders under the Banking Law may charge rates agreed upon for certain loan types.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Mortgage Lending Transparency

Popular Bank processed 223 mortgage applications in 2023, with 64.1% recorded as approved across 9 states.

223

Applications

64.1%

Approval Rate

$2.0M

Avg Loan

9

States Served

Approval Rate by Applicant Income

Under $50K
20%
$50K–$100K
46.7%
$100K–$200K
51.1%
Over $200K
65.5%

Based on 223 applications. Income in thousands (reported by applicant).

States With Recorded Applications

New York 117 apps · 65%
Florida 86 apps · 60.5%
New Jersey 11 apps · 63.6%
Connecticut 3 apps · 66.7%
Colorado 2 apps · 50%
Wisconsin 1 apps · 100%

Source: CFPB Home Mortgage Disclosure Act (HMDA) Data, 2023. Applications include originated, approved, and denied loans.

Frequently Asked Questions

What services does Popular Bank offer?

Popular Bank offers 14 services including Checking accounts (including interest-bearing Popular Prestige Checking), Savings accounts and money market accounts, Certificate of Deposit (CD) accounts with tiered rates, Individual Retirement Accounts (IRAs), Personal loans for debt consolidation and purchases, and 9 more.

What profile signals are listed for Popular Bank?

Popular Bank has profile signals associated with Established consumers seeking a full-service bank with comprehensive financial products and multi-generational wealth planning, Customers in the U.S., Puerto Rico, or Virgin Islands wanting regional banking presence with national ATM access, High-net-worth individuals interested in private client services, concierge banking, and investment management, Business owners looking for treasury management, business lending, and commercial banking solutions.

What are the strengths and weaknesses of Popular Bank?

Key strengths: Access to over 55,000 Allpoint ATMs worldwide plus own branch network; Tiered CD rates with no long-term commitment (3.70%-3.85% APY); Popular Prestige Checking earns interest on account balance. Areas to consider: Homepage does not disclose APRs, fees, or specific eligibility requirements for loans and credit cards; Limited product transparency—rates and terms must be accessed through separate pages or application.

How does Popular Bank compare to similar companies?

In the Banks category, comparable providers include Bentz Holguin Law Firm, LLC, TD Bank, Tyson Takeuchi Law Offices. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Headquarters
New York, NY
BBB Accredited
No
Visit Popular Bank

CreditDoc Profile Note

Research Note on Popular Bank

Popular Bank is profile signals for established consumers and business owners seeking a full-service bank with comprehensive products, strong heritage, and multi-regional presence. Primary caveat: the website lacks transparency on APRs, fees, minimum balances, and specific eligibility criteria—detailed product terms must be reviewed separately before applying.

Profile Signals

  • Established consumers seeking a full-service bank with comprehensive financial products and multi-generational wealth planning
  • Customers in the U.S., Puerto Rico, or Virgin Islands wanting regional banking presence with national ATM access
  • High-net-worth individuals interested in private client services, concierge banking, and investment management
  • Business owners looking for treasury management, business lending, and commercial banking solutions
Updated 2026-05-08

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Quick Summary

  • Popular Bank is listed as a Banks provider in New York, NY on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
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