Banco Popular North America’s in-house legal department knows how to do more with less. With only three attorneys, two paralegals and one administrative assistant, the department maintains close relationships with about a dozen outside law firms while keeping legal matters in-house as much as possible to control costs.
BPNA is the American unit of San Juan, Puerto Rico-based Popular, Inc., with 93 branches in New York, New Jersey, Florida, Illinois and California. It handles about $9 billion worth of business. Beginning in 2010, the U.S. company rebranded itself as Popular Community Bank to broaden its appeal to non-Latino customers.
