Banco Popular celebrates 118th anniversary


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Banco Popular celebrated the 118th anniversary on Wednesday by reaffirming its commitment to the growth and development of the community and the region with the construction of a new branch on St. Croix.

For Senior Vice President and Regional Director Antolin Velasco, the 118th anniversary of Banco Popular in the region served as the perfect opportunity to reinforce the promise of investing in the region.

"Is always a joyous occasion to celebrate another year of continuous service to the people of the U.S. Virgin Islands and Tortola. This year it's even more special because we are dedicating our celebration to our clients by reaffirming our commitment of growth in the region with the much anticipated construction of our new branch on St Croix," said Velasco. "We work in a very competitive environment and we know that our clients have options. Therefore it is of utmost importance to offer the best service available for all their needs."

With construction underway, the Sunshine Mall branch is expected to open by December.

Wednesday's celebration coincided with the 30th anniversary of Banco Popular in the Virgin Islands region and the launching of the institutional campaign "Let's build something special." Just recently the second installment of the campaign was launched with print, television and radio ads featuring local talent.

On Wednesday, employees wore bright yellow clothing.

Banco Popular opened its first branch in the U.S. Virgin Islands in Christiansted, St. Croix in 1981. Sixteen months later it opened its first branch on St. Thomas. In 1993 it acquired five additional branches, including one in the British Virgin Islands.

There are currently five brancheson St. Thomas, two on St. Croix and one in Tortola.

Banco Popular Virgin Islands is one of the leading financial institutions in the area.

It offers a wide range of services using many different concepts from retail and commercial, to processing and insurance.

It has four credit centers and three mortgage centers in operation where customers are provided with innovative products in the market, offering more than one option for their needs.

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