Banco Popular, a subsidiary of Popular Inc., last week celebrated 50 years of service in New York, where it opened its first branch in the Bronx in November 1961. Today, Popular ranks 36th by assets among U.S. banks, the company said.
Earlier this month, Banco Popular announced it had entered into an agreement with American Airlines Inc. to become the exclusive issuer of AAdvantage co-branded credit cards in Puerto Rico and the U.S. Virgin Islands. On Tuesday, both companies formalized the new partnership, offering details of the benefits now available to cardholders.
Banco Popular recently launched its newest institutional effort through which it seeks to inspire island residents to move forward and pursue their dreams through positive actions.
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