Is Popular FDIC insured?
Yes! Popular Bank, DBA “Popular”, is a Member FDIC institution and a New York State-chartered, commercial bank. Accordingly, Popular and Popular Bank are the same FDIC-insured institution. All deposits with Popular Bank are insured by the FDIC, up to the applicable maximum amount allowed by law for each deposit ownership category. All balances for Popular Bank deposits will be combined for purposes of determining FDIC coverage. For more information about FDIC Insurance coverage of deposit accounts, visit https://www.fdic.gov/deposit/deposits 1.