Popular is popular, and not just in Puerto Rico. Founded in 1893, Popular is the holding company for Banco Popular de Puerto Rico (BPPR), the largest bank on the island, with more than 200 branches. In addition to offering commercial and retail banking, BPPR owns subsidiaries that specialize in vehicle financing and leasing (Popular Auto), insurance (Popular Insurance), financial advisory and brokerage services (Popular Securities), and mortgages (Popular Mortgage). Popular also owns Banco Popular North America (BPNA), which targets the US Hispanic population from about 100 branches in California, Florida, Illinois, New Jersey, and New York.