NEW YORK--(BUSINESS WIRE)--
Community Bank, a subsidiary of Popular, Inc. (Nasdaq: BPOP) and one
of the nation’s premier community banks, together with partner Operation
HOPE celebrated the launch of HOPE Inside in the Bronx yesterday.
Deputy Borough President Aurelia Greene joined local community leaders,
entrepreneurs, and customers gathered at the Popular Community Bank
branch at 752 East Tremont Avenue to inaugurate the HOPE Inside location
that will concentrate on home ownership and financial literacy programs.
Helping people succeed financially to make our communities stronger. Pictured left to right: Rafael Sanchez, PCB Retail Manager, Manhattan North, Bronx & Queens; Lenny Caro, President of the Bronx Chamber of Commerce; Wanda Matos, PCB East Tremont Branch Manager; John Hope Bryant, Founder, Chairman and CEO, Operation HOPE, Inc.; Brian Doran, NY Metro Region Executive, PCB; Robert Hernandez, PCB Commercial Relationship Officer (Photo: Business Wire)
This is the second HOPE Inside location opened in a Popular Community
Bank branch in New York. The first, inaugurated April 1, 2014, is at 231
West 125th Street in Harlem. The partnership to develop the
HOPE Inside program commenced in November 2013 with a commitment from
Popular Community Bank for four locations in the New York area. Popular
Community Bank has committed to launch two more HOPE Inside locations
this year, starting with a location in Brooklyn’s, Crown Heights area.
“Together we are bringing financial education and resources to
underserved neighborhoods, and empowering people in these communities to
attain the dream of owning their own home, or to take control of their
finances and improve their lives, or to grow a business,” said John Hope
Bryant, Founder, Chairman and Chief Executive Officer, Operation HOPE,
Inc. “We applaud Popular Community Bank for partnering with Operation
HOPE to make these programs a reality for New Yorkers, and for being a
model for future HOPE Inside locations to come.”
“This is about helping people succeed financially to make our community
stronger,” said HOPE CEO, New York and Division President of Youth
Empowerment Group Mary H. Ehrsam. “Financial education gives people the
knowledge and information they need to make decisions that will benefit
them and their families. Operation HOPE is honored to partner with
Popular Community Bank to provide financial empowerment services that
will help people set and achieve their financial goals.”
“We are thrilled to launch the HOPE Inside Center in the Bronx, the
borough where we opened our first branch in New York more than 50 years
ago,” said Brian Doran, New York Metro Region Executive, Popular
Community Bank. “We share the same commitment to enhancing our
communities and doing all we can to provide financial resources to
people who want to take control of their finances and improve their
lives. We value our long-term partnership with Operation HOPE and we’re
proud to be part of this program.”
The HOPE Inside location at the Popular Community Bank East Tremont
Avenue branch offers financial literacy programs and “The Homeownership
Program.” The Program includes homebuyer education, workshops, guest
speakers, and one-on-one counseling to guide would-be homeowners through
the process of realizing their dream of homeownership.
Classes start Tuesday, June 24th in the East Tremont branch
lobby and guest speakers will cover loan approval, credit & debt,
purchase contracts, escrow/closing costs, necessary paperwork, required
savings and more.
Interested participants can obtain more information about the
Homeownership Program at the Tremont branch or call (973) 343-9952.
Note: Photographs of the event are available upon request.
About Operation HOPE
The mission of Operation HOPE, Inc. (HOPE) is silver rights empowerment,
making free enterprise work for everyone. It promotes financial dignity
through the delivery of financial inclusion and education tools to
underserved communities. Through its core divisions, the organization
has provided youth and adult financial literacy, economic preparedness,
digital empowerment, promoted home ownership, and assisted with
foreclosure prevention to more than 2 million individuals, families, and
small business owners. HOPE's next phase will be focused on Project
5117, a multi-year initiative that will track and increase business role
models for youth, boost credit scores for adults, and empower
underserved communities. To learn how you can join Project
5117, go to www.operationhope.org.
About Popular Community Bank
Founded in 1893, Popular, Inc. (NASDAQ: BPOP) is the largest banking
institution by both assets and deposits in Puerto Rico and ranks 39th in
the United States among the largest banks and thrifts by total assets as
of March 31, 2014. In the United States, Popular has established a
community-banking franchise that does business as Popular Community
Bank, providing a broad range of financial services and products, with
branches in New York, New Jersey, Illinois, Florida and California.
On April 23, 2014, Popular entered into definitive agreements to sell
regional operations in Illinois, Central Florida and California,
including 41 branches. Upon regulatory approval of the sales, Popular
Community Bank will have 49 branches in the New York/New Jersey and
South Florida regions.
Services of Popular are available at branches and online at http://popularcommunitybank.com.
For customers seeking more information, call 1-800-377-0800 or email email@example.com.
Find out about the community service of Popular Community Bank on
Facebook at www.facebook.com/PopularCommunityBank.
News on HOPE Inside Harlem event, April 1, 2014: http://www.operationhope.org/news/nid/1567
Photos/Multimedia Gallery for HOPE Inside Harlem event: http://www.businesswire.com/multimedia/home/20140402005960/en/
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140611006330/en/
Sherry John, 213-891-2908
Gabriela B. Maldonado, 787-217-8522
Source: Popular Community Bank