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

What’s the difference between checking and money market accounts?

Money market accounts (MMAs) and checking accounts are two popular types of deposit accounts. Each varies in terms of purpose, features, benefits, and drawbacks. Use the guide below to determine if a money market account or checking account better suits your financial goals.

What is a money market account?

Many banks offer money market accounts (MMAs). You may be wondering how this type of account fits into your money management plans. Use the guide below to find out what a money market account is,

The pros and cons of renting vs. buying a home.

The traditional debate on renting a home vs. buying a home often comes down to favoring the more cost-effective option. However, the choice between renting vs. buying can also depend on other factors, such as how you handle big financial decisions based on your lifestyle choices.

How to protect yourself from Zelle® fraud.

In 2023, 120 million consumers and small businesses relied on Zelle® for basic money transfers. Additionally, Zelle® handled nearly three billion transactions worth over $800 billion. Despite its widespread use, less than a tenth of a percent of all transactions (three million,

Empowering Futures: Popular Bank partners with Bottomless Closet for first-time homebuyers.

Popular Bank believes in the power of community and the importance of supporting initiatives that uplift individuals and foster success. As such, we are proud to highlight our ongoing partnership with Bottomless Closet, a New York City based non-profit organization.

Festive Fraud: Beware of these 10 holiday scams.

From frantic, last-minute shopping to festive party hopping, the holiday season is full of frenzied activity. Unfortunately, amidst the revelry, unsuspecting victims can easily get caught in traps set by cybercriminals. As you spread holiday cheer, don’t overlook the importance of protecting your personal and financial information.

3% down payment vs. zero-down mortgages.

Finding and securing the right home loan is an essential part of the homebuying process. Although most home loans have typically encouraged a 20% down payment, incentivized programs for eligible first-time home buyers have reduced downpayment requirements to promote homeownership.2 Now,

The ultimate guide to preventing spoofing attacks.

When you fall victim to spoofing attacks as an individual, the resulting setbacks can quickly complicate your life. However, when your business falls victim, the consequences can be all-encompassing and jeopardize many parties involved. Worse yet, spoofing can threaten your company’s longevity and halt further success.

How to protect yourself and your family from cyber fraud.

Experts estimate that the global cost of cybercrime totaled $8 trillion or more in 2023. Such a staggering number underlines the real threat of virtual scams that prey upon unsuspecting victims. Unfortunately, cyber fraud continues to plague customers and even large businesses,

Three benefits of AI in nursing.

By Andrew Boland – Director of National Healthcare Financing, Popular Bank For many of us, 2023 became the year when we got to experience the practical power of Artificial Intelligence (AI) firsthand.