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Popular Community Bank Marks 50-Year Commitment To The National Puerto Rican Day Parade

Stocks in this article: BPOP

Popular Community Bank announced today it is celebrating its 50 th anniversary of participating in the National Puerto Rican Day Parade. As part of the celebration and parade festivities, Javier Colón, 2011 Winner of “The Voice”, the NBC reality singing competition, will perform on the Popular Community Bank float on Sunday, June 10.

Colón will be joined by youth dancers from Ballet Hispánico School of Dance in New York, which will perform in front of the Bank’s float for the third consecutive year.

This year is the 50 th anniversary of the Bank supporting the National Puerto Rican Day Parade. Popular opened its first U.S. mainland branch in the Bronx, New York, in 1961, and operated as Banco Popular until recently rebranding as Popular Community Bank. There are now 39 Popular Community Bank branches in the boroughs of New York and nearby in New Jersey. Including Florida, California, and Illinois, Popular Community Bank has a total of 93 retail branches and commercial banking services nationwide.

The theme of this year’s parade is “Celebrating Puerto Ricans in higher education.”

As part of the parade’s theme and in keeping with the Bank’s mission to educate tomorrow’s leaders, on May 8, 2012 the bank awarded an additional $10,000 in scholarships at the National Puerto Rican Day Parade Scholarship Ceremony at Hostos Community College. Ernesto Malave Scholarships were given to 19 local students. Since 2003, the Bank has contributed $170,000 in scholarships to 118 scholars pursuing post-secondary education.

“We were the first corporate sponsor of the Parade, and we are thrilled to continue to honor the spirit and culture of the Puerto Rican community 50 years later,” said Brian Doran, New York Metro Region Executive of Popular Community Bank. “We are also excited to have Mr. Colón, an emerging powerful voice, to join us on our float.”

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