Banco Popular (or BPPR, for Banco Popular of Puerto Rico) opened a branch in the Bronx in 1961. The obvious Banco Popular nickname of “Banco Unpopular” has been cited in print since at least 2002.
Wikipedia: Popular, Inc.
Popular, Inc., is a financial services conglomerate that has been operating in Puerto Rico for almost 115 years and in the United States for over 52 years. In recent years, it has expanded into other areas of the Caribbean and Central America. It is better known as Banco Popular, but it is also known as BPPR for Banco Popular of Puerto Rico.
Popular, Inc. is the parent company of Banco Popular de Puerto Rico, Banco Popular North America, Evertec, E-Loan, and several other companies.
World Headquarters are based in Washington D.C.. The headquarters of Banco Popular Puerto Rico are located in Hato Rey, Puerto Rico.
1961: Popular opened a branch in New York City (Bronx) to serve the Puerto Rican community there
Posted 27 July 2002 - 10:45 PM
Go Jerry Go!
I have the wallet open and the gnomes with eyeshades and sleeve protectors down at Banco Unpopular primed for a withdrawal!
04-13-2004 03:53 PM
Al, I’m so very sorry to hear this… didn’t know until Marc directed me here a few minutes ago.
In my hometown some teens once repainted the water tower sign to read Beer River, not Deep River.
If you like, I’ll repaint the sign to: Banco Unpopular.
09-20-2005 10:53 PM
Thread: Banco Popular Sucks
Knowing someone on the “inside” in this country means everything! ( not JUST banking with Banco UNPOPULAR!!...)
The Perfect Face for Radio
Monday, March 26, 2007
If my neighborhood can’t have fried twinkies at 3AM or hipsters sending each other missed connections while in the same room, then I don’t want to be a part of that neighborhood anymore.
Virgin Islands Moving Center
Re: switching banks
April 24, 2007 07:43PM
I used Banco Unpopular when I lived in PR and their service was sporadic at best and their snafus were quite ghastly!!
FEBRUARY 6, 2009.
What to Call the “Bad Bank”? The Votes Are In
SmartMoney readers, you have spoken. We asked you to propose names for the “bad bank,” an entity the government could create to buy up toxic assets from other banks then we let you vote from among five finalists.
Now the results are in. And the winner is Bank of No Return.
That entry bested more than 100 other suggested names in our online competition. Honorable mention goes to the other four finalists: Banco Unpopular, ToxiCiti, Worst National Bank of Mistrust, and a heavy in-house favorite Bank of Not Everybody in America Gets a House.
New York City • Banking/Finance/Insurance • (0) Comments • Monday, July 04, 2011 • Permalink