United States · Financial institution
Popular Bank
Popular Bank is a New York state-chartered bank with its corporate headquarters at 85 Broad Street, New York. It is the mainland US banking subsidiary of Popular, Inc., a bank holding company based in San Juan, Puerto Rico and listed on Nasdaq. The bank provides retail and commercial banking through branches in New York, New Jersey and South Florida. It also offers online deposit accounts nationwide under the Popular Direct name. It opened its first mainland branch in the Bronx in 1961 and was formerly named Banco Popular North America.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- PONAUS33XXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under PONAUS33 directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2017-03-18
- Last updated
- 2022-02-14
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
100% Popular North America, Inc.
Institution type
Commercial bank
Trades as Popular
- Ownership
- Popular, Inc. holds 100% of the bank indirectly through its Delaware bank holding company Popular North America, Inc.
- Direct parent
- Popular North America, Inc., United States 100%
- Ultimate owner
- Popular, Inc., Puerto Rico
- Head office
- 85 Broad Street, 10th Floor, 10004 New York, United States
- Company register
- FDIC cert 34967 (RSSD ID 2736291)
- Former name
- Banco Popular North America
Business lines
The bank offers retail, business, middle-market, commercial real estate, healthcare and community-association banking, equipment finance through Popular Equipment Finance and treasury management. It announced its exit from US residential mortgage origination in October 2025.
Online
- Websites & references
- popularbank.com ↗
populardirect.com ↗ Popular Direct, nationwide online deposit brand of the bank
helpcenter.popularbank.com ↗ customer help centre
investor.popular.com ↗ investor relations of parent Popular, Inc. (group)
Wikipedia ↗ group article - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗
Sources · 12 pages consulted
- popularbank.com/about-us/about-popular/
- popularbank.com/about-us/
- popularbank.com/business/team/
- helpcenter.popularbank.com/question/information-need-complete-wire-transfer/
- investor.popular.com/company-info/leadership-team
- nasdaq.com/press-release/popular-announces-leadership-transition-2026-07-23
- stocktitan.net/sec-filings/BPOP/8-k-popular-inc-reports-material-event-24c0b59231b3.html
- finance.yahoo.com/markets/stocks/articles/popular-inc-announces-executive-leadership-123000999.html
- sec.gov/Archives/edgar/data/763901/000095014407001794/g05717e10vk.htm
- bankinglens.com/banks/popular-bank-2736291
- americanbanker.com/news/popular-bank-exits-mortgage-lending
- housingwire.com/articles/popular-bank-exits-us-mortgage/
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Jorge J. García President and Chief Executive Officer (of Popular, Inc., Banco Popular de Puerto Rico and Popular Bank)
- Chief financial officer
- Lidio V. Soriano Executive Vice President and Chief Financial Officer, Popular, Inc. (group); director of Popular Bank
- Executive
- Israel Velasco Executive Vice President and Head of U.S. Operations, Popular Bank
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- United States
- Board of Governors of the Federal Reserve System (Federal Reserve Bank of New York) Prudential supervisorAML supervisor
- United States
- New York State Department of Financial Services Prudential supervisorAML supervisor
- United States
- Consumer Financial Protection Bureau Conduct
- United States
- Federal Deposit Insurance Corporation Resolution
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
Jorge J. García became Chief Executive Officer of the bank on 1 September 2026. He succeeded Javier D. Ferrer, who retired on 31 August 2026.
nasdaq.com ↗ -
Leadership
Israel Velasco became Executive Vice President and Head of U.S. Operations on 1 July 2026, succeeding Manuel A. Chinea.
finance.yahoo.com ↗ -
Other
Popular, Inc. announced the bank's exit from US residential mortgage origination and the closure of four New York metro area branches.
americanbanker.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- PONAUS33XXX
- How the BIC breaks down
- PONABank
- USCountry · United States
- 33Location
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300E0WPRCJMXMUM09
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- United States · North America
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Direct parent
- Popular, Inc. · Puerto Rico5493008CARDZMVQ3LO89 ↗
The Popular, Inc. group has 3 institutions in the directory, in 2 countries: all hold a BIC.
Including Banco Popular de Puerto Rico, Popular Asset Management LLC.
See the Popular, Inc. group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- 85 BROAD STREET FLOOR 10 NEW YORK,NY 10004 UNITED STATES OF AMERICA
- Operational address
- 85 BROAD STREET FLOOR 10 NEW YORK,NY NEW YORK,NY 10004 UNITED STATES OF AMERICA
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>PONAUS33XXX</BICFI>
<LEI>549300E0WPRCJMXMUM09</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>PONAUS33XXX</BICFI>
<LEI>549300E0WPRCJMXMUM09</LEI>
<Nm>POPULAR BANK</Nm>
<PstlAdr>
<TwnNm>NEW YORK</TwnNm>
<Ctry>US</Ctry>
<AdrLine>85 BROAD STREET FLOOR 10 NEW YORK, NY 10004</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: popularbank.com (official website) · original.
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