Banco Popular de Puerto Rico

Banco Popular de Puerto Rico is a full-service financial services provider with operations in Puerto Rico, the United States and Virgin Islands. Popular, Inc. is the largest banking institution by both assets and deposits in Puerto Rico, and in the United States Popular, Inc.

Latest News
  • ... To remind you of the importance of complying with USERRA (Uniformed Services Employment and Reemployment Rights Act of 1994). Or, take whatever money you have in your wallet and throw it in the trash, as a reminder of the consequences if you don't comply. In this month's EBN, contributors David Henderson and Matthew Ritchie details several cautionary tales from employers who were taken to court for USERRA violations, and one particular case this year that…

    October 8
  • Employees are notorious for only spending a few minutes making their annual benefits selections, but you may want to communicate to them that this is definitely not the year to gloss over such choices.

    October 8
  • Clearly, target-date funds are the persona non grata of the retirement plan these days, with their abysmal 2008 performance sparking federal hearings on whether the funds needed tighter regulation.

    October 7
  • If your company sponsors a pension plan, I don’t envy you. You’re sponsoring defined benefit plans, trying to maintain a benefit they believe is best for their workers — against some daunting financial and administrative odds. And the hits just keep on coming. Despite recent increases in asset values and regulatory relief from the IRS, employers will be required to contribute $89 billion (yep, with a ‘b’) to their DB plans in 2010 and more than…

    October 7
  • In keeping with my long-standing commitment to leave legal stuff to lawyers, I offer you today’s tip from Llyod Aubry Jr. and Armilla Staley-Ngomo, two employment attorneys at Morrison & Foerster in San Francisco. I don’t know them personally, but it sounds like they know their stuff; Aubry formerly served as special assistant and counsel to the Secretary of Labor. …

    October 6
  • For all of our collective benefits know-how, a type of health care plan has us EBNers stumped. We got word last week of an HRA-esque arrangement called a PFA, or participating funding arrangement. And then we looked at each other and asked, 'What is a PFA?'

    October 6
  • With all their money, houses, cars and jewels, I never imagined that professional athletes needed financial counseling. I just thought that since they could wallpaper their bathroom with $100 bills, they had it all figured out. It was only folks like me who needed help learning how to budget, plan, save and invest properly. Turns out, not so. …

    October 1
  • About six weeks ago, when I talked to Evelyn Ireland, executive director of the National Association of Dental Plans and Jeff Album, vice president of public and government affairs for Delta Dental of Calif., N.Y., Pa., and affiliates, they both were definitely concerned about aspects of H.R. 3200, the House’s health care reform bill. …

    October 1
  • For the people who looked at the headline and said, “What pension?” this post is not for you. However, there are some of you pros out there whose companies still maintain defined benefit plans, and new stats from the International Foundation of Employee Benefit Plans show that 73% of multiemployer pension plans report they are less than 80% funded. …

    September 30
  • Since I know you’re all wondering, I wanted to let you know what happened to the protesters who yesterday staged a sit-in at a NYC Aetna office to advocate for a single-payer health care system. The 19 participants, wearing T-shirts with slogans that read “Medicare for All” and chanting “Patients, not profits!” linked arms and sat down in the lobby of the Aetna building, prompting Aetna employees to step around them on their way into their…

    September 30