Popular Direct



2018 Overview

General Online Bank Information

Deposits FDIC Insured Yes
Insured Bank Popular Bank
FDIC Certificate # 34967
Date Established 1999
Assets $9.47 billion
Loans $6.49 billion
Deposits $7.06 billion
Capital $1.66 billion
Money that you deposit is held by Popular Bank. Popular Bank is an FDIC insured institution founded in 1999. It has approximately $9.47 billion in assets.

For a more detailed analysis of Popular Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 15, 2018

Online Savings and Money Market Rates APY MIN MAX
Online CD Rates APY MIN MAX
6 Month CD
2.05% $10,000 - Learn MoreShow Less

Customer Reviews for Popular Direct (17)


  • dj

    August 04, 2018 |

    Online CDs 60 Month Rates

    The 2 yr cd rate at 2.95% is attractive, but it has a 9 month early withdrawal penalty if you need to cancel. I'd rather get a slightly lower rate and a smaller penalty, given the possibility rates could spike up.

  • Bob

    June 14, 2018 |

    Online Savings Rates

    Have banked here off and on for a long time. No complaints. When a promotional rate is offered, one must be prepared to jump in. It may not last long.

  • Lawrence Deakin

    May 28, 2018 | Replies 1

    Online Savings Rates

    I had been thinking about opening this and then I saw the reviews on Depositaccounts.com and someone said that they charge $25 if you close the account within 6 months. Someone else said something about lousy POD processes and someone else said something about failure to do the initial transfer. Then, I thought it would be OK, but now they have dropped the rate from 2% to 1.85% so I am not sure. I probably need to do something else. I cannot believe that these other banks are still giving me next to nothing on my money.

    Stacey | Oct 15, 2018

    The 2% that we offered was for our Exclusive Savings product. This was discontinued as of 05/17/2018. As of this date we re-launched the Popular Direct Plus Savings Acct w the 1.85% which is what we currently offer on our website at this time. The rates are for two separate products not the same product.

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