Featured Savings Rates
Featured Accounts

Popular Community Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
2.25%5-year CD5 Year Special CD
1.90%3-year CD3 Year Special CD
1.55%2-year CD21 Month Special CD

Overview / Commentary
800-377-0800
11 West 51st Street
New York, NY 10019

Banco Popular is a Puerto Rico-based financial institution operating in the United States as Banco Popular North America, which has for branding purposes named itself Popular Community Bank. Both institutions are subsidiaries of Popular, Inc., a holding company. Popular Community Bank offers personal and business banking solutions to meet consumers’ and business owners’ needs.

On its personal banking side, Popular offers standard deposit accounts including checking, savings, money market, and Certificate of Deposit (CD) accounts. Its checking accounts options can be categorized into non-interest bearing and interest bearing accounts. The senior checking account gets all the benefits of the free checking offer, plus interest accumulation. A savings account is available and comes with a monthly service charge unless a minimum account balance is maintained. Money market accounts offer a higher interest rate and come with an ATM card for checking account functionality. Certificates of Deposit (CDs) are offer in term lengths ranging from 30 days to 120 months and have a grace period between maturity and renewal. On its business banking side, Popular provides cash management services as well as checking and savings deposit account offerings.

Popular Community Bank online banking allows customers to manage their deposit and loan accounts by transferring funds, tracking spending, making payments, and paying bills. The bank has enabled its website to work in congruence with a web-enable phone and has also released mobile apps that provide account management on popular smartphones.

Popular Community Bank is the consumer-facing name for Banco Popular North America, a New York, New York-headquartered bank established in the United States in 1961. It serves its customers through multiple branches located in regions across the country.

Related Posts

Earn Up to $500 in Checking Bonuses at Popular Community Bank - 8/14/2017

Popular Community Bank (NY/NJ/FL) is offering up to $500 in checking bonuses now through October 31, 2017, when opening a new Prestige or Everyday Checking account.

Popular Community Bank (NY/NJ/FL) Ups Special CD Rates - 5/18/2017

Popular Community Bank (FL/NJ/NY) raised the rates on its Special CDs, with the 21-month now earning 1.65% APY. Minimum deposit for any Special CD is $1k of new money.

2% 3 Year IRA CD At Popular Community Bank Branches [NY, NJ & FL] - 2/15/2017

My NYC branch was advertising this deal Open your IRA account before April 18, 2017, and earn 2% APY on a 3-year IRA CD https://www.popularcommunitybank.com/services-for-me/savings/ira/

View all posts from:

6/4/12 - Banco Popular Is Now Popular Community Bank In New York Metro
7/30/11 - Banco Popular To Have New Name In August
7/6/11 - Banco Popular's Checking Bonus Continues But There's a New Gotcha
12/7/10 - 2.50% Relationship 5-Year CD At Banco Popular
9/20/10 - $125 Checking Account Bonus At Banco Popular In CA, FL, IL, NY & NJ
6/28/10 - Checking Account Bonus of up to $125 at Banco Popular - CA, FL, IL, NY & NJ
1/30/10 - Banco Popular $125 Checking Account Promotion - NY and NJ
10/25/09 - 3.50% 60-Month CD at Banco Popular in CA, NY & FL - Local Only
7/10/09 - $125 Checking Account Bonus at Banco Popular - CA, FL, IL, NY & NJ
7/10/09 - 2.50% 15-Month CD at Banco Popular in NY & FL - Local Only
12/1/08 - 14-Month CD Special at Banco Popular with Yields from 4.00% to 4.35%
9/12/08 - Money Market and CD Specials at Banco Popular
8/29/08 - 4.75% 11-Month / 4.50% 4-Month CD at Banco Popular in New York.
8/16/08 - 4.11% 7-Month / 4.15% 9-Month CD at Banco Popular
6/11/08 - 4.75% 60-Month CD at Banco Popular
3/20/08 - 4.00% Money Market Promo with Yield Guaranteed to June 30th at Banco Popular
11/18/07 - $125 Checking Account Bonus at Banco Popular Continues
10/24/07 - 5.15% Money Market Account Promotion at Banco Popular
8/7/07 - $125 Checking Account Bonus at Banco Popular
10/3/06 - 5.60% 8-Month / 5.65% 16-Month CD at Banco Popular New York
7/19/06 - 5.50% Money Market Account for 3 Months at Banco Popular California
6/29/06 - 5.50% 8-Month / 5.75% 16-Month CD at California Banco Popular
3/16/06 - 5.00% 7-Month / 5.15% 15-Month CD at a Florida Bank

Reviews (2)

The Bank That Gives Back

Posted by: Dinero121 | Oct 13, 2016

I started banking with Popular Community Bank in 2012, and it was an amazing decision. When I opened up a checking account with them, to my surprise, I was gifted with a brand new toaster as a welcome gift for opening an account. The tellers went above and beyond making me feel welcomed with them. They offered me coffee and cookies as I was filling out the paper work. They always show great appreciation to their customers and are constantly rewarding their costumers with gifts. In 2014 I opened up a savings account and was gifted a suitcase as a gift. Their fees are really low and their mobile and website is very organized and easy to follow. They also have an app for your account managing. I am extremely happy to bank with Popular Community Bank.

Banking At Its WORST

Posted by: leemd | Jul 17, 2017

There is a reason POPULAR COMMUNITY BANK offers such high interest rates. It is to make up for their extremely poor service, lack of attention to detail, accuracy of information, and their lack of taking responsibility for THEIR mistakes. For example within 6 months of opening a new account, I received a letter stating that my funds were frozen due to my account being in a dormant status. During the 6 months, there were multiple transactions to my account.

According to Florida law, banks must consider your account dormant after five years of inactivity. Florida provides a very clear definition of inactivity, including a complete absence of deposits or withdrawals from your account. In addition, your account is inactive if you have not communicated with the bank by letter, telephone or memo about your account or any other business for five years. This account was barely 6 months old!

When I received this letter I called customer service and waited the usual 45 minutes to an hour for my call to be answered. The representative told me that thousands of these letters were sent out in error and to "just ignore it." I asked for a letter stating that the dormant letter was an error and that my account was active and in good standing. The CSR refused. Her very rude supervisor in Puerto Rico refused. They claimed that my statements are evidence of an active account. After filing a complaint with The Federal Reserve, I finally received a letter, but they denied any responsibility for their mistake.

After that this bank retroactively closed my high interest rate CD because THEY could not locate my signature card. No attempt was made to contact me to resolve this issue. They claim to have left multiple messages on a landline that doesn't even have voicemail. They claim to have called my cell phone and left multiple messages, however their is no record of any calls received by them on the day that they claimed to have called, nor any voicemails. They claim to have sent multiple email messages, however there is no record of any emails received by them on the day that they claimed to have sent them in my email account or in my bank mail.

When something seems to good to be true that should be a red flag warning of a dangerous situation.



Health

Health Grade Components

Overall
FDIC Certificate #34967
Year Established1999
Employees680
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.4%
Return on Equity - YTD1.89%
Annual Interest Income$81.6MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$8.83B$7.88B
LoansQ1 2017vs Q1 2016$5.71B$4.95B
DepositsQ1 2017vs Q1 2016$6.31B$5.39B
Equity CapitalQ1 2017vs Q1 2016$1.84B$1.83B
Loan Loss AllowanceQ1 2017vs Q1 2016$50.2MM$35.3MM
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$124.3MM$114.7MM
Real Estate OwnedQ1 2017vs Q1 2016$2.3MM$2.7MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not Popular Community Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Popular Community Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$50k*-Relationship Savings - Bonus
OTHER TIERS: 0.11% Up to $25k | 0.15% $25k - $50k
0.20%*$50k*-Popular Savings
OTHER TIERS: 0.10% Up to $25k | 0.15% $25k - $50k
0.10%*$50k*-Relationship Savings
OTHER TIERS: 0.01% Up to $25k | 0.05% $25k - $50k

Popular Community Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$50k*-Popular Prestige Checkinig
OTHER TIERS: 0.05% Up to $1k | 0.10% $1k - $50k

Popular Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%$1k-5 Year Special CD
1.90%$1k-3 Year Special CD
1.80%$1k-4 Year Special CD
1.70%$1k-25 Month Special CD
1.55%$1k-21 Month Special CD
1.50%$1k-13 Month Special CD
Locations

Popular Community Bank has 51 locations. Click to view all Popular Community Bank locations.