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Banco Popular's New York Metro Region Continues Long Tradition of Serving Underdeveloped Areas Opening New Branch in Manhattan's Lower Eastside.

Publication: PR Newswire
Publication Date: 18-APR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
New Branch Becomes 20th Enriched Banking Development District in New York State

NEW YORK, April 18 /PRNewswire/ -- Banco Popular North America (BPNA), one of the nation's premier community banks and a leading U.S. Small Business Administration Lender, today celebrated the opening of a new De Novo branch in Manhattan's Lower East Side, creating the 20th Enriched Banking Development District (BDD) in New York State and the region's recent successes in small business loan growth, partnership collaboration, and deep community involvement.

Banco Popular North America's application for an Enriched Banking Development District was approved on January 5, 2006 by the New York State Banking Department. There are now 31 approved BDDs in New York State, a program...

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