Market Overview

Popular Community Bank Opens Hurricane Sandy Fundraising Accounts for Food Bank For New York City and New Jersey Division of Salvation Army

NEW YORK--(BUSINESS WIRE)--

Popular Community Bank, one of the nation's premier community banks and the U.S. banking subsidiary of Popular, Inc., opened fundraising accounts for the Food Bank For New York City and Salvation Army in New Jersey. Tax-deductible donations to the fundraising accounts will fund the disaster emergency services of these two nonprofit organizations providing assistance to those in need after the impact of Hurricane Sandy.

Popular Community Bank is also donating $10,000 to Food Bank For New York and $10,000 to the New Jersey Division of the Salvation Army. Customers and the public can donate to these organizations at any Popular Community Bank branch in Florida, Illinois, California, New York and New Jersey by depositing funds at the account No. 6809260133 for the Food Bank For New York City and account No. 6809260125 for the Salvation Army in New Jersey. Popular Community Bank will match third-party donations to the two fundraising accounts up to an additional $10,000.

“We have been ingrained in New York Metro's communities for more than 50 years. We want to do everything we can to help the area recover from the hurricane and get back the normal flow of life and commerce,” said Brian Doran, New York Region Executive of Popular Community Bank.

Nearly all of 39 branches of Popular Community Bank in New York and New Jersey are open and operating during normal branch hours. See the Popular Community Bank blog at http://blog.popularcommunitybank.com/ or Twitter account @popular_banking for updates on branch hours. To locate a Popular Community Bank branch or the closest surcharge-free ATM, visit http://www.popular.locatorsearch.com .

During this disaster recovery period, Popular Community Bank is waiving all overdraft fees incurred due to delayed posting caused by Hurricane Sandy. Through November 11th, Popular Community Bank is also waiving its normal ATM withdrawal fees charged for using another bank's ATM. Popular Community Bank customers have access to thousands of surcharge-free ATMs throughout New York and New Jersey.

If customers need assistance or have questions, they can contact a Customer Care representative at 1-800-377-0800.

About The Food Bank For New York City

Food Bank For New York City recognizes 29 years as the city's major hunger-relief organization working to end food poverty throughout the five boroughs. As the city's hub for integrated food poverty assistance, the Food Bank tackles the hunger issue on three fronts – food distribution, income support and nutrition education – all strategically guided by its research. Through its network of community-based member programs citywide, the Food Bank helps provide 400,000 free meals a day for New Yorkers in need. The Food Bank's hands-on nutrition education program in the public schools reaches thousands of children, teens and adults. Income support services including food stamps, free tax assistance for the working poor and the Earned Income Tax Credit put millions of dollars back in the pockets of low income New Yorkers, helping them to achieve greater dignity and independence. 94% of donations go directly toward food distribution, acquisition and programs in all five boroughs of New York City. Learn how you can help at foodbanknyc.org.

About The Salvation Army

The Salvation Army, an evangelical part of the universal Christian church established in London in 1865, has been supporting those in need in His name without discrimination for more than 130 years in the United States. Nearly 30 million Americans receive assistance from The Salvation Army each year through the broadest array of social services that range from providing food for the hungry, relief for disaster victims, assistance for the disabled, outreach to the elderly and ill, clothing and shelter to the homeless and opportunities for underprivileged children. 82 cents of every dollar The Salvation Army spends is used to support those services in 5,000 communities nationwide. For more information, go to www.salvationarmyusa.org.

About Popular, Inc.

Founded in 1893, Popular, Inc. [Nasdaq: BPOP] is the leading banking institution by both assets and deposits in Puerto Rico, and the 36th largest in the U.S. by assets. In the United States, Popular has established a community-banking franchise providing a broad range of financial services and products with 92 branches in New York, New Jersey, Illinois, Florida and California.

Services of Popular are available at branches and online at www.mypopularbanking.com. For customers seeking more information, call 1-800-377-0800 or email popularnet@bpop.com.

Find out about the community service and local partnerships of Popular Community Bank on Facebook at www.facebook.com/PopularcommunityBank.com.

Popular Community Bank
Fran Del Valle, 212-717-5499 or 917-922-5653
frances.delvalle@influencecentral.com

 

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