Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: June 5, 2000

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

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Last update: June 5, 2000