Molly Hime to Retire, Carlos Hernandez Named New Division Manager

12.11.2023 /

Popular Association Banking’s Molly Hime to Retire. Carlos Hernandez Named New Division Manager.                                       

Molly Hime, a long-time Division Manager for Popular Association Banking (PAB), a division of Popular Bank, has announced her retirement, effective December 31, 2023.

Molly has been with Popular Bank since 2005 and was instrumental in growing PAB into a $2 Billion loan portfolio business and the national platform it is today. Under her leadership, the team has quadrupled in size and has originated more than $5 Billion in association loans as well as more than $1.6 Billion in deposits.

In addition to Molly’s impressive track record leading PAB, she has been actively involved in community work, serving on the board of United Community Options of South Florida, an organization that helps developmentally challenged individuals reach their full potential through educational workshops and activities.

“It has been an honor and a privilege to lead the PAB team over the years and to have been an integral part of the division’s growth and success. I leave with tremendous pride,” said Molly.

“Molly’s contributions and leadership of Popular Association Banking has enabled us to deliver exceptional service to our customers and helped us advance our growth as a premier financial institution in Florida,” said Israel Velasco, Popular Bank’s Florida Region President. “We are grateful for her dedication and commitment and wish her success in her retirement. We are also excited to see Carlos take on his new role as head of PAB.”

Carlos Hernandez Named New PAB Division Manager.

Effective January 1, 2024, Carlos Hernandez will be Division Manager for PAB. Carlos has been with Popular since 2005 and most recently was head of Retail Banking for the South Florida Region.

Carlos leverages more than 30 years of banking experience, serving 18 with Popular Bank. In his previous role as Senior Vice President of retail banking, he managed loan, deposits, and investments in retail, small business, and international private banking areas.

“I am thrilled to further our position as the nationwide leader in association banking,” said Carlos Hernandez. “We have a long track record of providing financial products and services to condominiums and HOAs and specialized service. We thank Molly for her many years of service and for contributing to our momentum.”

PAB has provided banking and lending services to community associations since 1994.

With three decades of experience, PAB understands the special needs of a property manager or board member and has dedicated team members to work with them to determine which industry-specific solutions best suit their association’s financial needs. PAB has an active lending platform in over 30 states. Services offered include Community Association Loans, Community Association Deposit Services, Community Association Lockbox Services, Treasury Management services, plus excess FDIC insurance coverage on deposits as members of IntraFi Network, LLC.

Learn more about Popular Association Banking

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