Banco Popular

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Herencia back in banking with SKBHC Holdings

Roberto Herencia, the longtime president of Banco Popular North America who went on to head Midwest Banc Holdings Inc., is back in the banking industry.

Herencia  has joined the board  of SKBHC Holdings, which on Oct. 26 got Federal Reserve approval to become a bank holding company.  Its investors include an Illinois pension plan. Get the full story »

Obama appoints former Midwest Banc CEO to post

Roberto Herencia, the former chief executive of Midwest Banc Holdings Inc., has been nominated to serve on the board of directors of the Overseas Private Investment Corp., the Obama administration announced Wednesday.

The OPIC was established as an agency of the U.S. government in 1971. It helps U.S. businesses invest overseas. On its Web site, OPIC says it charges market-based fees for its products and services and therefore operates at no net cost to taxpayers. Get the full story »

Banco Popular boosts local ATM network

Banco Popular, which has its U.S. headquarters in Rosemont but doesn’t crack the top 25 in Chicago-area market share, is extending its surcharge-free ATM reach nationally, including in the Chicago area. Get the full story »