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
  • We've all done it: Sent out an RFP for a new vendor/service provider and been rewarded with reams of paper that takes weeks to read through and in the end, may or may not contain the information we need to make an informed decision. If you've thought, 'There's gotta be a better way,' EBN contributor Patrick Haraden agrees, and offers his 10 tips on streamlining the RFP process to save you both time and…

    June 15
  • If there's a silver lining to this year's swine flu outbreak, it's that more attention is being paid to the issue of mandatory paid sick leave, say the powers that be at the National Partnership of Women and Families. The org's president Debra Ness said recently: 'The recent scare over swine flu should have taught us that urging workers to stay home when they are sick is not effective if workers have to forfeit…

    June 15
  • Sen. Edward Kennedy (D-Mass.) Tuesday released his version of health care reform, the Affordable Health Choices Act. Notably absent from the bill, however, are the two main hot buttons of the reform debate – an employer mandate and a public plan. Coincidence? I think not. However, what is in the bill is an individual mandate to buy health coverage that's on par with the benefits offered to government employees, and subsidies for small employers…

    June 10
  • As health care costs continue to balloon, increasing numbers of employers are reducing or eliminating retiree medical benefit programs. And while this step is understandable, it's a tough one for employers and retirees. However, in this month's cover story, 'Cutting the apron strings,' Associate Editor Lydell Bridgeford details Medicare coordination services that will help you transition retirees from private to public coverage with as little pain as possible. Click above to read the story,…

    June 9
  • New research from Mercer reveals that retirement plan sponsors are split on the ability of the 401(k) to ever provide adequate retirement benefits, with 50% who believe the plans can be fixed now or through additional regulations and 50% who disagree or are unsure. When asked about lawmakers' ideas on alternatives to the current system, 87% of respondents oppose eliminating pretax contributions, while the most palatable alternative is combined savings accounts for retiree health care…

    June 9
  • The word around the DC Beltway is that the Senate is working on a new, compromise version of the controversial Employee Free Choice Act – one that would let employees vote up or down by mail on unionizing, rather than a public square petition. Regardless of the tweaks, the bill likely will rub either union or employer groups the wrong way, but lawmakers are trying to find middle ground on the legislation, as President Obama…

    June 8
  • Last week, health insurers and other industry officials turned in their homework to the Obama administration: their proposals for trimming $2 trillion in costs from the nation's bloated health care system. Although officials get a gold star for turning the assignment in on time, the "show your work" portion left much to be desired -- several hundred billion, specifically. …

    June 8
  • The more time that goes by, the more obvious it become that there is no middle ground on the Employee Free Choice Act – you're either for it, or against it. Black or white, no gray. Have you decided where your loyalty lies? As federal lawmakers continue quietly jockeying for and against the legislation, non-elected individuals are a bit less subtle. Web sites and press releases abound on both sides of the EFCA debate.…

    June 5
  • For all the news of layoffs, salary cuts and freezes, I thought I'd bring you some news about jobs that truly are recession-proof. Manpower Inc. recently released its annual list of the nation's toughest jobs to fill. Unfortunately, HR/benefits professional is not among them, but recent reports do show that the economy has spurred some people to change careers. If that sounds like you, these are the jobs to consider: …

    June 5
  • A recent report in The Washington Post reveals that Sen. Edward Kennedy's health care reform proposal involves mandates both for employees and employers, similar to the health care system in Kennedy's home state of Massachusetts. It's no secret that employers are solidly against a mandate for businesses to chip in for the cost of health insurance, so I encourage you to make your voice heard on Sen. Kennedy's plan. According to the Post, he plans…

    June 1