Popular Community Bank's announcement today of a mobile check deposit service for iPhone- and Android-using customers is part of a digital and branding makeover. It's changing its name from that of its Puerto Rican parent company, Banco Popular, and it's been rolling out new channels to customers, including an online banking platform, mobile banking apps and 35,000 fee-free ATMs.
The bank, which is the 36th largest U.S. bank by deposits, launched its Popular Mobile Banking Platform in November 2011. It also introduced online banking earlier last year. The bank changed its name to Popular Community Bank at its branches in California and Florida. It plans to change the name at its 39 New York-area branches this summer.
"Our mission is to maintain our strong local roots and offer advanced services customers usually associate with large, national banks," said Manuel Chinea, senior vice president, U.S. Retail Banking Operations, in a press release. "Our mobile banking platform and online banking gives customers 24/7 access from iPhone and Android mobile devices and any computer with Internet connection. Clearly, more and more customers appreciate the convenience of mobile banking, and we are glad to offer them these advanced services."
