All Popular Direct deposit products are offered by, and will be opened through, Banco Popular North America (“BPNA”). BPNA is a Member FDIC institution and a New York state chartered bank. Processing services for all Popular Direct deposit products are provided by BPNA. All deposits with BPNA (including deposits through Popular Direct deposit products) are insured by the FDIC up to the applicable maximum amount allowed by law for each deposit ownership category. For more information about FDIC insurance coverage of deposits accounts, visit https://www.fdic.gov/deposit/deposits
Mobile Deposit is subject to eligibility requirements. Deposits are subject to verification and may not be available for immediate withdrawal. For more information, please refer to the Funds Availability Policy. Reference the Funds Availability Policy for more information.
The Annual Percentage Yield (APY) is effective as of 01/16/2018 and may be cancelled or withdrawn at any time and is subject to change without notice. Banco Popular North America, in its sole discretion, reserves the right to change or terminate this offer at any time. There is a $5,000 minimum opening account deposit. A $4.00 monthly fee will be charged to the account if the balance on any day of the statement period is less than $500.00. Fees could reduce earnings on the account.