2. Popular Direct

Popular Direct

Deposits held and insured by Popular Bank

Overview / Commentary
www.populardirect.com
800-274-5696
85 Broad Street
New York, NY 10004
Deposits held and insured by Popular Bank

Related Posts

Savings Rate Drop 9/9/19 - 9/9/2019

Now 2.4% annual. Thought drops would be spread out on a monthly basis, this one much sooner. Hate to speculate, but the bare minimum may be all that’s left riding out the 180 days.

Ultimate Savings Slight Rate Drop 8/30/19 - 8/30/2019

Rate is now 2.50%. More to come?

Popular Direct Unveils Ultimate Savings Account, 2.55% APY - 8/1/2019

Popular Direct (internet bank) has introduce its Ultimate Savings Account, which earns 2.55% APY on all balances. Minimum opening deposit is $5k.

View all posts from:


Reviews (80)

So Far So Good. I'm Hopeful

Posted by: Buckeyes | Aug 16, 2019

Having the same site setup as CIT, I felt fairly comfortable making a deposit with this company. However an unexpected expense came along which caused me to ask for a withdrawal once my original deposit cleared (4 or 5 business days). Popular sent my withdrawal overnight and it's already in my checking account. Nice. Since rates will not be going up for years, I'm hopeful I can make a go of it with this company.

6

Savings Rate Dropped To 2.5%

Posted by: Oceandreams22 | Aug 30, 2019

Have not had any problems with Popular Direct. Rate just lowered from 2.55 to 2.5 FYI.

7

Like So Many Others, This Bank Put A Freeze On My Account

Posted by: willy12 | Aug 7, 2019

With NO ADVANCE NOTICE. That caused me to "bounce" a transfer and it left a bad taste in my mouth so I transferred out & closed the account as soon as my 6 months were up.

They currently have a top rate but with a history of new accounts while leaving old customers with lower rates.

Because of that, I would avoid this bank.

9

Ridiculous Hoops To Open An Account

Posted by: ptellefsen28 | Aug 29, 2019

My wife tried three times to open an account. Customer service can not help. They said we have to wait over 10 days and try again. Why is it so hard to open a savings account?

6
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Health
A

Data as of Q2 2019

Data displayed below is for insuring bank: Popular Bank
Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #34967
Year Established1999
Employees711
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.48%
Return on Equity - YTD2.64%
Annual Interest Income$201.2MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$9.72B$9.47B
LoansQ2 2019vs Q2 2018$6.90B$6.49B
DepositsQ2 2019vs Q2 2018$7.08B$7.06B
Equity CapitalQ2 2019vs Q2 2018$1.78B$1.66B
Loan Loss AllowanceQ2 2019vs Q2 2018$67.5MM$75.9MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$94.1MM$131.9MM
Real Estate OwnedQ2 2019vs Q2 2018$2.6MM$3.3MM
  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.

Savings Rate Drop 9/9/19

Mikey1   |  
Now 2.4% annual. Thought drops would be spread out on a monthly basis, this one much sooner. Hate to speculate, but the bare minimum may be all that’s left riding out the 180 days.
6

Ultimate Savings Slight Rate Drop 8/30/19

Mikey1   |  
Rate is now 2.50%. More to come?
2

Ultimate Savings Account 2.55% APY

IvoryMale   |  
$5,000 minimum deposit for the Ultimate Savings Account...
APY 2.55% offer is available only for New Popular Direct Ultimate Savings
accounts opened effective as of Monday, July 29, 2019.
17

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.

Popular Direct Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.40%--Popular Direct Ultimate Savings Account

Popular Direct CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.40%$10k-5 Year Popular Direct CD
2.25%$10k-3 Year Popular Direct CD
2.25%$10k-4 Year Popular Direct CD
2.20%$10k-1 Year Popular Direct CD
2.20%$10k-18 Month Popular Direct CD
2.20%$10k-2 Year Popular Direct CD
2.15%$10k-6 Month Popular Direct CD
1.90%$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 [email protected] 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.