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February 06, 2016 4:42 AM ET

Banks

Company Overview of Banco Popular North America, Inc.

Company Overview

Banco Popular North America, Inc. is a community bank in the United States. It offers checking and savings accounts, and certificates of deposit; account services, including debit card, net banking, telephone banking, automatic funds transfers, and direct deposits; credit and gift cards; loans, such as home equity, mortgages, personal loans, and auto loans; and investments and insurance services, including retirement and college planning, wealth accumulation, tax favored programs, financial planning, and estate planning. The company also provides business services, such as cash management solutions and merchant services, as well as international services, including import and export services...

11 West 51st Street

New York, NY 10019

United States

Founded in 1999

Phone:

212-246-4385

Key Executives for Banco Popular North America, Inc.

Chairman of the Board and Chief Executive Officer
Age: 62
President
Age: 56
Chief Operating Officer
Head of Construction Business Lending
Head of Business Banking
Compensation as of Fiscal Year 2015.

Banco Popular North America, Inc. Key Developments

Popular Community Bank Announces Appointment of Paul Mak as New Region Executive

Popular Community Bank announced the appointment of Paul Mak as the bank’s new region executive for the New York Metro area. In his new role, Mr. Mak will oversee the Bank’s sales, marketing and operations in the New York/New Jersey region, including a network of forty retail branch network and three lending platforms. Mr. Mak was previously Director and Chief Executive Officer of Doral, FSB. He also served as Chief Financial Officer of Doral, FSB. Prior to joining Doral, FSB, Mr. Mak served as EVP and Deputy General Manager at Bank Central Asia responsible for strategic planning, business development, regulatory compliance and operations. He also held positions at Marine Midland Bank and Citibank.

Popular Community Bank Announces Executive Appointments

Popular Community Bank announced the expansion of its National Healthcare Financing Division with the appointment of industry veteran, Kenneth (Ken) Mitchell as Senior Vice President and Director of Healthcare Financing. Andrew Boland also joins as a Vice President, Commercial Healthcare Banking. Both Mitchell and Boland were previously with M&T Bank's Commercial Healthcare Banking Division. Ken Mitchell brings over 25 years of banking expertise to Popular Community Bank. In his position he is responsible for fostering current client relationships, establishing new market opportunities and driving origination efforts. He was formerly with M&T Bank for nearly 10 years, serving as Vice President and Team Leader of its Commercial Healthcare Banking Division. Boland, also formerly with M&T Bank's Commercial HealthCare Banking Division, brings over 10 years of finance experience.

Banco Popular to Cut More than 100 Jobs in Orlando

Banco Popular North America plans to shed more than 100 jobs by the end of the year. The financial institution informed the state on Nov. 5 it would cut 108 jobs at 8523 Commodity Circle, Suite 100 in Orlando in a Worker Adjustment & Retraining Notification. The layoffs are scheduled for Dec. 31, 2014.

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