Popular Direct

Deposit Rates APY Vs.Others
Savings 5.20% 5.55% →
1-Year CD 5.15% 5.60% →
2-Year CD 4.70% 4.90% →
3-Year CD 4.55% 5.00% →
4-Year CD 4.35% 4.55% →
5-Year CD 4.30% 4.55% →

2024 Overview

General Online Bank Information

Money that you deposit is held by Popular Bank. Popular Bank is an FDIC insured institution founded in 1999. It has approximately $13.81 billion in assets.

Deposits FDIC Insured Yes
Insured Bank Popular Bank
FDIC Certificate # 34967
Date Established 1999
Assets $13.81 billion
Loans $10.46 billion
Deposits $11.27 billion
Capital $1.97 billion

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 - April 26, 2024

Online Savings and Money Market Rates
Online Savings and Money Market Rates APY MIN MAX
Direct Savings
5.20% $100 - Learn More
Online CD Rates
Online CD Rates APY MIN MAX
6 Month CD
5.30% $10,000 - Learn More
One Year CD
5.15% $10,000 - Learn More
18-Month
4.90% $10,000 - Learn More
2 Year CD
4.70% $10,000 - Learn More
36 Month CD
4.55% $10,000 - Learn More
48 Month CD
4.35% $10,000 - Learn More
5 Year CD
4.30% $10,000 - Learn More

Bank Offers

Popular Direct Lowers Online Savings Rate
Oct 22, 2019

Popular Direct has lowered its online savings rate from 2.30% to 2.15%.   The bank also lowered all of its online CD rates.




Climate Policy and Initiatives

Popular Direct is encouraged to provide us with this information. When we receive this information from the online bank, we will provide it here.

Popular Direct Climate Score: Pending



Customer Reviews for Popular Direct (38)


  • December 18, 2023 |

    I submitted a CD application 18 months 5.50 APY over a week ago and my application was declined no reason was given, I have the funds in another bank for transfer, credit score over 800. I think the reason is because the interest is coming down and they are not willing to offer those rates. At the time of application, the rates were still being offer but it took Popular Direct over a week to review, remember I'm not borrowing money, I'm depositing money, what a joke

  • November 17, 2023 |

    Online Savings Rates

    terrible bank - save yourself the aggrevation and even take a few pennies less if necessary

  • July 3, 2023 |

    Online CDs 12 Month Rates

    1-year rate of 5.35% is good, but the early withdrawal penalties are absurd. Unless you know you won't need the money in less than 1-year (no loss of job, divorce, cancer, etc.), buying a 1-year CD with a 270 day early withdrawal penalty is a bad idea. I will gladly take a little less for a lower fee. Forbright at 5.30% is a much better idea here.

  • June 25, 2023 |

    Online Savings Rates

    A complete waste of time

  • June 18, 2023 |

    Online Savings Rates

    impossible to get money back after cd maturity. couldn't even transfer it to their savings acct.


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