Popular Community Bank just got more popular. Literally.
The Puerto Rico-based lender is rebranding as, simply, Popular, as it launches a new private banking platform, Popular Private Client. It is also expanding its residential mortgage and healthcare financing business.
Popular has doubled its assets in the U.S. mainland from $5 billion to $10 billion in the last four years, even as it has shed 41 U.S. branches. It maintains 10 locations in Miami-Dade and one in Broward.