Banco Popular Launches Online Deposit Accounts

Banco Popular North America in New York has launched a digital-banking platform.

The $7.9 billion-asset unit of Popular Inc. is offering certificates of deposit and savings accounts through the new platform. It also said Monday that it plans to roll out online checking and other consumer products over the next 18 months.

Popular said the offering is meant to help the bank provide a simpler, straightforward banking experience for customers with various needs. They can manage their accounts – including accessing check images, renewing CDs and reading account statements – from desktops or mobile devices.

"The digital platform creates an enhanced multichannel experience that leverages online and mobile technology while still providing convenient access to our live care-center representatives 24/7," Chief Operating Officer Manuel Chinea said in a news release.

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