Popular Community Bank

What Popular Community Bank does

Popular Community Bank (DBA: Popular Bank) is the U.S. retail and commercial banking subsidiary of Popular, Inc. (NASDAQ: BPOP), a diversified financial services holding company founded in 1893 and one of the 50 largest U.S. banks by assets at the parent level. The bank operates a full-service community banking model across New York, New Jersey, and South Florida, serving individual consumers, small-to-mid-sized businesses, and high-net-worth clients from a headquarters at 85 Broad Street in New York City.

The product set spans Everyday Checking, savings/CD/money-market/IRA accounts, personal loans, HELOC, eight credit card options, and a Popular Investments platform covering brokerage, annuities, insurance, retirement, education, and tax-efficient investing, plus Popular Private Client for premium and HNW customers. Distribution is hybrid: physical branches in the three served regions, an in-house digital stack consisting of the Popular Mobile Banking app on iOS and Android plus a full online banking platform, and ATM access to over 55,000 locations globally via the Allpoint partnership.

Revenue is generated primarily through net interest income on lending and deposit balances, complemented by transaction and account fees (out-of-network ATM, wire, overdraft, early CD withdrawal), interchange and credit card interest, and fees and commissions from investment products. Marketing relies on a multi-channel mix — corporate website, blog, help center, Facebook/Twitter/Instagram/LinkedIn, YouTube, and mobile app store presence — anchored on a heritage-led, multi-generational relationship narrative.

Name

Popular Community Bank

Legal name

Popular Community Bank

Website

https://popularcommunitybank.com

Company type

Private

Founded year

1961

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Popular Community Bank is the U.S. retail and commercial banking subsidiary of Popular, Inc. (NASDAQ: BPOP), providing full-service consumer, business, and private banking across New York, New Jersey, and South Florida. Offerings span checking, savings, CDs, loans, credit cards, investment, and 24/7 digital channels.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Depository Credit Intermediation (5221), Commercial Banking (52211), Commercial Banking (522110), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

National Commercial Banks (6021), State Commercial Banks (6022), Personal Credit Institutions (6141)

akta.pro primary industry

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Affluent/Premier Retail Banking (Mass Affluent) (FSABAAAG)

Keywords

• Retail banking services
• Consumer lending
• Business banking
• Private banking
• Wealth management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income: Income from lending activities including personal loans, home equity lines of credit, credit cards, and business loans. Interest earned on deposits and loan portfolios.
2. Banking Fees and Charges: Fees from account maintenance, ATM usage (out-of-network), wire transfers, overdrafts, and early withdrawal penalties on CDs. Fee income from various banking services.
3. Investment Services: Revenue from investment products including stocks, bonds, mutual funds, annuities, and insurance products offered through Popular Investments.
4. Credit Card Operations: Income from credit card transactions, interchange fees, and interest charges on revolving balances.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels9 records

Core offering

Popular Community Bank is a full-service community bank providing personal and business banking products including checking, savings, money market, CD, and IRA accounts; personal loans, home equity lines of credit, and credit/debit cards; investment services through Popular Investments; and concierge private banking for high-net-worth clients through Popular Private Client. The bank delivers these services through a regional branch network in New York, New Jersey, and South Florida, complemented by 24/7 online and mobile banking and access to over 55,000 ATMs worldwide via the Allpoint network.

Product overview

Popular Bank is a full-service financial services institution offering a comprehensive portfolio of banking products. The core offering includes multiple checking and savings account options (including CDs, money market, and IRA accounts), personal and home equity loans, and credit cards. The bank provides digital banking services through online and mobile platforms with access to over 55,000 Allpoint ATMs. Investment services are delivered through Popular Investments, covering stocks, bonds, mutual funds, annuities, insurance, retirement planning, educational planning, and tax-efficient investing strategies. Premium clients receive concierge banking services through Popular Private Client. Business banking solutions round out the product suite. The bank operates as the U.S. subsidiary of Popular, Inc., with operations in New York, New Jersey, and South Florida.

Differentiator

Problem solved

Functional benefit

Brands

• Popular Investments®: Investment services providing access to investment strategies and expertise, including stocks, bonds, mutual funds, annuities, insurance, retirement planning, educational planning, and tax-efficient investing.
• Popular Private Client
• Popular Community Bank Mobile

Products and services

• Popular Everyday Checking

Quantifiable outcome

• 55,000+ ATMs accessible worldwide

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Webster Bank: Northeast-based commercial bank with retail and business banking across NY, NJ, CT, and MA; comparable hybrid community bank model with consumer, commercial, and wealth management lines.
• Flushing Financial Corporation: New York-area community bank serving consumer and small business customers with deposits, mortgage, and business lending; comparable footprint in the NY metro and similar full-service community banking positioning.
• Customers Bancorp: Pennsylvania-based commercial bank with a strong New York/New Jersey commercial lending presence; comparable in business banking focus and relationship-based approach with mid-market companies.
• Valley National Bank: Mid-sized commercial/retail bank with significant branch presence in New York, New Jersey, and Florida — direct geographic overlap with Popular Community Bank and similar mix of consumer, business, and commercial real estate lending.
• Dime Community Bank: Long-standing New York-based community bank offering deposit, lending, and wealth services to consumers and small businesses; similar heritage, multi-generational customer base, and relationship-driven model.
• Flagstar Bank (formerly New York Community Bank): One of the largest New York-area community banks with deep retail and multifamily lending franchises; directly comparable on geographic footprint, customer mix, and full-service community banking model.

Broad incumbents

• TD Bank (U.S.): Major North American retail bank with dense branch network across the Northeast and Florida; competes directly with Popular Community Bank in NY, NJ, and FL on consumer deposits, mortgages, and small business banking.
• Capital One: National bank with strong consumer credit card and digital banking franchise; competes with Popular Community Bank on credit cards, online savings, and direct-to-consumer deposit products.

Regional players

• BankUnited: Florida-headquartered commercial bank focused on small/medium businesses and affluent consumers; significant geographic overlap with Popular Community Bank's South Florida footprint and similar commercial lending emphasis.

Emerging players

• Marcus by Goldman Sachs: Goldman Sachs' digital consumer banking platform offering high-yield savings and CDs with no fees; competes with Popular Community Bank on deposit gathering, particularly for digitally-native customers shopping CD rates.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/popularbank
• Facebookfacebook.com/popularcommunitybank
• LinkedInlinkedin.com/company/popular-community-bank
• Instagraminstagram.com/popularbank

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Popular Community Bank