Banco Popular North America Account Opening, Closing, Or Management Complaints

Review and analysis of over 75 complaints against Banco Popular North America

Banco Popular North America consumers have reported over 75 official complaints related to Account opening, closing, or management. Out of the 75 consumer complaints against Banco Popular North America, 20% were disputed by the consumer (i.e. the consumer was not happy with how Banco Popular North America responded to their complaint) and 97% were processed in a timely manner. 23% of consumer complaints against Banco Popular North America resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 5% resulted in non-monetary compensation.

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New Account Opening, Closing, Or Management Consumer Complaints


Banco Popular North America Bank account or service account opening, closing, or management

January 27, 2017 - My complaint is directed toward Popular Community Bank cancellation policy, I closed my account -/-/- and received a statement -/-/-. I called the bank to verify if my account was closed. I was told both of my accounts were never closed, and the withdrawal slips states it was supposed to be -/-/- I called Popular Community Bank after I received a statement -/-/- and was to the account was still open, a Auto Charge was placed on my account and NSF Fee $34.00. My 2nd account was opened -/-/- The representative stated that I will have to file a claim to have charges rem...

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Banco Popular North America Bank account or service account opening, closing, or management

January 22, 2017 - I OPENED A CD ACCOUNT WITH BANK ON INTERNET ON -/-/2016. I DEPOSITED MONEY WITH BANK. THIS IS A JOINT ACCOUNT WITH MY WIFE - -. THIS BANK HAS VERY BAD CUSTOMER SERVICE. THEY DID NOT SENT ANY LETTER REGARDING THIS NEW ACCOUNT BY MAIL. CUSTOMER SERVICE NEVER EVER GAVE PROPER & SATISFACTORY ANSWER TO ME. I AM QUITE UPSET WITH THIS BANK & WORRY ABOUT MY MONEY AT SAME TIME....

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Banco Popular North America Bank account or service account opening, closing, or management

December 30, 2016 - Popular Community Bank has offered a $120.00 bonus for opening checking account. ( Receive $75.00 when you make - ACH direct deposits of $500.00 or more. Receive $50.00 when you make - online bill payments or preauthorized withdrawals. ) I accepted Popular Community Bank 's offer and opened checking account # - ( letter attached ), made a required opening deposit and made preparations to fulfill bank 's requirements for the bonus. Imagine my astonishment and disappointment to find that Popular Community Bank has decided to close my account some - weeks later after accepting...

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Banco Popular North America Bank account or service account opening, closing, or management

December 3, 2016 - i opened a 1 year CD with Eloan - 2016 in the amount of $200000.00 usd. i started receiving unknown deposits to my checking account from Banco Popluar-after researching, discovered Eloan /Banco popular same company. 1. They hid the automatic deposit Externally transferring interest monthly to my personal checking, in " my profile '' section at very bottom - that no one told me about. I had to make an expensive call to eloan from overseas ( which is so annoying that they have no other option like live chat or emails to handle customer service actions ) 2.Eloan would not do anything to r...

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Banco Popular North America Bank account or service account opening, closing, or management

October 12, 2016 - This is my third complaint since I opened an account with ELoan ( three months ago ). The issue is with the interest that is compounded incorrectly each month and then transferred into my outside account. The interest for -/-/- and -/-/- was corrected in -/-/- and documented in a letter to me from - - ( Customer Care Popular Community Bank ( no phone number or address on the letter ). The current issue is the -/-/- interest which is short. I ca n't imagine any reason why a bank ca n't calculate the correct interest on an account unless they have their computers set to...

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Banco Popular North America Bank account or service account opening, closing, or management

September 22, 2016 - I recently opened an account at populardirect.com, a division of Banco Popular North America. After requesting twice they delete the external account I had linked for transfers and were unsuccessful, I decided to close my account. I 've requested the account be closed and all funds returned to me over a month ago. I 've contacted them approximately 5 times and each time there is some problem why they ca n't close the account. I 've been told conflicting things each time I contact them. For example, I was told they could ACH the funds to another account once the account closure is initiated. Ye...

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Banco Popular North America Bank account or service account opening, closing, or management

September 16, 2016 - This is my second complaint regarding E-Loan ( previous case # - ). That issue was resolved by my giving up requestion the cd I opened and funded be made a trust account. Presently since the account has been funded I have received the incorrect amount of interest ( below the percentage I signed up for and have poof of ). After getting no satisfaction by dealing with e-loan I called - - - - a branch manager of - Popular. She intervened and called Eloan in - after which I received a secure message from eloan that the correct amount of interest would be transferred to my link...

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Banco Popular North America Bank account or service account opening, closing, or management

September 14, 2016 - I opened a CD account with POPULAR - on -/-/2016 online. Towards the end of session online I was told that I should be receiving a welcome package with signature card in 5-7 days. On NOT receiving the welcome package and signature card I have been calling POPULAR - and each time I was told if I did not receive the welcome package and signature card in 5-7 days, I should call them. Since then I have telephoned POPULAR - on -/-/2016,-/-/2016 and -/-/2016 for the welcome package and signature card. Still I have not received them. I like to receive the Official CD either online or...

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Banco Popular North America Bank account or service account opening, closing, or management

July 4, 2016 - My wife and I opened a CD account with - - on -/-/- for 2 years maturing on -/-/- for 1.45 %. On -, - Bank was closed in connection with the FDIC and began operating as Popular Community Bank . The conversion of accounts was scheduled for -/-/--/-/-. A Conversion guide was mailed to us. In the Conversion guide, it states that CD rates would earn the current rate until maturity. ( - ), in other words they would n't be changed. However, Popular Bank lowered the rate to 1.144 in - -, and did n't tell us. In addition, their web site does't show the...

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Banco Popular North America Bank account or service account opening, closing, or management

January 21, 2016 - This complaint is in reference to Popular Community bank 's $120.00. bonus checking account promotion now in effect. Here are the small print rules : http : - Retirees get once a month direct deposit checks. Since it takes the Treasury /Social Security 10-12 days to set up a new electronic bridge to the bank ... it is simply impossible for retirees to have - checks deposited into the new account within a strict 90 day window as specified by the bank. The third direct deposit would always exceed the 90 day window-so the customer would forfeit their $ -. The bank might as well h...

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Banco Popular North America Bank account or service account opening, closing, or management

January 19, 2016 - After researching online for best CD rates - I chose to open an account with E-Loan - an online business. As an online business - account holders are to have 24 hour online access to all accounts. The process was simple enough. However, after opening the account ( for & - ) I was unable to log in using the information credentials that were supposedly on record. I have tried several times ( as soon as 1 day after opening account ) to just get my initial investment of $25000.00 refunded to the - Bank account from which it was transferred - because an online bank ( CD ) account that can n...

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Banco Popular North America Bank account or service account opening, closing, or management

September 12, 2015 - My father died in -, 2015 leaving his assets in a trust. As successor trustee I am liquidating all of the assets and distributing the proceeds to the beneficiaries of the trust. I have had trouble doing so with - asset, a certificate of deposit with e-loan bank. I first sent the required information to what turned out to be the wrong address for the bank on - -, 2015. I resent all of the information ( death certificates, trust information, instructions ) to the correct address on - -. When I had not heard anything, I called e-loan bank around -/-/2015. I was told that t...

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Banco Popular North America Bank account or service account opening, closing, or management

August 27, 2015 - I am trying to find out what became of a bank account my brother had left for me upon the time of his death. ...

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Banco Popular North America Bank account or service account opening, closing, or management

July 25, 2015 - I received a combination letter/form fromPopular Community Bank. The letter indicated that I had an inactive account ( the account number was on the letter ) that would be turned over to the - if I did not take some steps to activate the account by a date in -. I called the number on the form ( I checked on line and the number on the form was the number listed for the bank ). I spoke with a representative to confirm the contents of the letter and asked how to just withdraw the funds. I was told that the account needed to be reactivated first before the withdrawal could be made. I asked i...

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Banco Popular North America Bank account or service account opening, closing, or management

April 3, 2015 - I got a flyer form Popular Community Bank of -, - - saying if I open a savings account and deposit $1000.00 I will get $100.00 bunus if I keep the account open for - month. ( I have the flyer ) I opened an account with Popular Community Bank ( - - ) located at - - -, - -, - - on - -, 2014 as required in the flyer. I deposited a total of $1100.00 in form of - deposits - for $1000.00 and another for $100.00 at the same time. I have the deposit receipts. After - months they failed to credit my account for $100.00 bonus. I visited t...

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