All Popular Bank Blog Articles - Finance, Life and Community Stories

Checking vs. savings accounts: the key differences.

Checking and savings accounts are two of the most common types of deposit accounts offered at both traditional and online banks. While they may appear similar at first glance, the difference between checking and savings accounts is their intended purpose.
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How to maximize HOA CD rates

In most community associations and homeowners associations (HOAs), property managers and board members oversee the reserve funds that support long-term maintenance and community needs. Association certificates of deposit (CDs) are one way to strengthen those reserves through predictable,
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Popular Inc. Announces Executive Leadership Changes

Israel Velasco Appointed Executive Vice President and Head of U.S. OperationsManuel A. Chinea to Lead Customer Experience and Administration Services SAN JUAN, Puerto Rico–(BUSINESS WIRE)– Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) today announced executive leadership changes to support the objectives of its new strategic framework.
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What is an HOA line of credit or contingency loan?

Is a contingency line of credit right for your community association? Contingency lines of credit can help a community association stay financially stable and handle unexpected expenses. They can protect homeowners from a special assessment or rise in dues.
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Lockbox banking explained: Everything you need to know

Lockbox banking is a payment service that collects and processes cash and check payments for your organization. This streamlined method is often best for companies or HOAs that still receive paper checks. Lockbox banking can help HOAs receive and process funds faster and more securely through automated lockbox payment processing. 
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