|For immediate release|
The Federal Reserve Board today announced its approval of the applications of Popular, Inc., Hato Rey, Puerto Rico, and its subsidiaries to acquire Banco Popular, National Association, Orlando, Florida, a de novo bank, and to establish a foreign branch and an agreement corporation in Culebra, Puerto Rico.
Attached is the Board's Order relating to this action.
Order (11 KB PDF)
2000 Orders on banking applications