The California arm of Banco Popular North America plans to move its regional headquarters to Anaheim from Santa Fe Springs by March.
The move solidifies Banco Popular’s ties to the county, where it has gone after Hispanic customers and advertised at Angel Stadium of Anaheim.
“The dynamics of our banking region have shifted to Anaheim,” said Vernon Aguirre, California regional executive at Banco Popular.
The bank, part of Puerto Rico’s Popular Inc. and the largest Hispanic bank in the U.S., plans to move to an office building off the Santa Ana (I-5) Freeway at 888 Disneyland Drive.
“It’s a wonderful location in the heart of a lot of great corporate banking,” Aguirre said.
The regional headquarters is set to be housed on the top floor of a five-story office building with a branch opening on the first floor.
The move stands to double Banco Popular’s employment in Orange County to about 230 workers. Roughly 100 people now work at a dozen branches in the county.
For more on this story, see the Feb. 6 edition of the Business Journal.
