Featured Savings Rates
Featured Accounts

Popular Direct

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
2.90%5-year CD5 Year Popular Direct CD
2.00%SavingsPopular Direct Exclusive Savings - New Account Rate
2.30%18-month CD18 Month Popular Direct CD

Overview / Commentary
800-274-5696
85 Broad Street
New York, NY 10004

Related Posts

Popular Direct Increases 5 Year CD Rate - 4/16/2018

Popular Direct has posted an increase to 2.9% APY (was 2.75) on the 5 year CD.

Popular Direct Has 2.00% APY Exclusive Savings Account - 4/2/2018

Effective April 2, 2018, Popular Direct (internet bank) is now offering 2.00% APY on new Exclusive Savings Accounts. The minimum opening deposit is $5k.

New 2.00% Savings Rate - 4/2/2018

Savings rate increased from 1.65% to 2.00%. "Annual Percentage Yield (APY) offer is available only for new Popular Direct Exclusive Savings account opened effective as of 4/2/2018." https://www.populardirect.com/products/savings/popular-direct-exclusive-savings

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Good Bank With Annoying POD Policy

Posted by: Sperry8 | Apr 9, 2018

Been a member of this bank since they opened and have had both CDs and savings accounts. Easy to open & maintain although they do have some annoying policies.

First is that they sometimes make you open add'l accounts to gain access to their high rates. At least this one is an easy fix since they have an easy to open online account process.

Second annoying process is that of adding PODs/Beneficiaries. You must provide all beneficiaries SS#'s. Imagine calling around to extended family and asking for this info. Dob should be good enough.

Even with the annoying policies I remain a happy member. But it sure would be nice if they fixed em.

High Yield Savings

I recently moved about $25,000.00 in Savings to this bank. I've had a substantial amount of money in my savings at my local bank for a few years. The interest rate has gone up slightly, but is still a paltry 0.3%. I did some research online to find a bank that was giving a better return on my money, yet still allowed for easy access should I need it. Popular Direct was offering a 2.00% APY on Savings account with at least $5,000.00, so I decided to give it a try. The account setup process was quick and painless and the website was easy to navigate. In addition, it allowed me to set up a direct link to my current account so I can move money to my local bank should the need arise. It's only been a short time, so it is still unclear if there will be any hiccups, but thus far I have been satisfied.

Watch Out!

Posted by: Nutgraf | Sep 2, 2016

Take a look at the very fine print on the account agreement before you do business with this bank. When you close your account, they DO NOT accrue interest to the closing date. That can get expensive if you don't pay attention.

BEWARE ALREADY HUGE PROBLEMS YOU DO NOT NEED!!

This bank is incompetent. I opened a account when i saw the 2% that day. The application went thru however after the problems began. I was locked out of my account during the first 15 minutes and talked with them on the phone. They claimed the problem be fixed within 24 hours. I instructed do not INITIATE THE ACH UNTIL i can succesfully open the site. They took the money anyway. I had to force them today to get my trial deposits info from my external bank and they refused. I then spent 5 times until i forced them with repeorting them to comptroller of the currency usa. I then made the external withdraw out of there bank as they were going to hold my 5000 for5 days..
DONT OPEN WITH THEM,,,IMCOMPETENT AND VERY UNPROFESSIONAL. CUSTOMER SERVICE CANNOT MAKE ANY DECISIONS, ALL MUST BE REVIEWED BY ANOTHER STAFF WITH 3-5 DAY TURN AROUND IF LUCKY.
NOBODY NEEDS THIS!!!

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Health

Health Grade Components

Overall
FDIC Certificate #34967
Year Established1999
Employees684
Primary RegulatorFED
Profit Margin
Return on Assets - YTD-1.71%
Return on Equity - YTD-8.53%
Annual Interest Income$343.8MM
Assets and Liabilities
AssetsQ4 2017vs Q4 2016$9.17B$8.63B
LoansQ4 2017vs Q4 2016$6.14B$5.56B
DepositsQ4 2017vs Q4 2016$6.69B$6.06B
Equity CapitalQ4 2017vs Q4 2016$1.66B$1.83B
Loan Loss AllowanceQ4 2017vs Q4 2016$72.1MM$42.3MM
Unbacked Noncurrent LoansQ4 2017vs Q4 2016$133.1MM$121.1MM
Real Estate OwnedQ4 2017vs Q4 2016$2.0MM$3.0MM
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Popular Direct Increases 5 Year CD Rate

iamaroc   |  
Popular Direct has posted an increase to 2.9% APY (was 2.75) on the 5 year CD.

New 2.00% Savings Rate

kxlly   |  
Savings rate increased from 1.65% to 2.00%.

"Annual Percentage Yield (APY) offer is available only for new Popular Direct Exclusive Savings account opened effective as of 4/2/2018."

https://www.populardirect.com/products/savings/popular-direct-exclusive-savings

Popular Direct - 2.75% 5 Year CD Rate

iamaroc   |  
The new 5 year rate at Popular Direct looks good but the EWP remains a good bit higher than the market average.

Popular Direct Offering New 1.65% Savings Rate

iamaroc   |  
Just saw today on the Popular Direct website that Exclusive Savings rate has been raised to 1.65% (was 1.5%)

Popular Increases 18 Mo CD To 2.15% APY

Sperry8   |  
Popular Direct increased it's 18 mo CD to 2.15% APY (it used to be 2%).
https://www.populardirect.com/products/cds#18-month

Rates
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Always verify rates and promotions with the bank or credit union. We are not Popular Direct; 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.

Popular Direct Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%--Popular Direct Exclusive Savings - New Account Rate

Popular Direct CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.90%$10k-5 Year Popular Direct CD
2.50%$10k-4 Year Popular Direct CD
2.40%$10k-3 Year Popular Direct CD
2.35%$10k-2 Year Popular Direct CD
2.30%$10k-18 Month Popular Direct CD
1.80%$10k-1 Year Popular Direct CD
1.00%$10k-6 Month Popular Direct CD
0.75%$10k-3 Month Popular Direct CD
Locations

Popular Direct is an Internet only bank and does not have branch locations. Its headquarters is located at 85 Broad Street - New York, NY 10004

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.