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July 26 2012

Popular Community Bank Regional Executive Israel Velasco Joins Operation HOPE’s Southeastern Board of Directors


Atlanta, GA – July 26, 2012 – Operation HOPE, a global leader in financial dignity, today announced the appointment of Popular Community Bank’s Florida Region Executive Israel Velasco, to its Southeastern Board of Directors.

“Mr. Velasco brings a long track record of community service and a strong commitment to the advancement of ‘silver rights’ to the underserved throughout the southeastern region,” said Mary Hagerty Ehrsam, Division President, HOPE Youth Empowerment Group and CEO, New York Market. “We are pleased to have Mr. Velasco lend his talents to help promote economic empowerment and financial dignity to the communities we serve throughout Florida."

Mr. Velasco’s personal commitment to financial empowerment is in line with Popular Community Bank’s diverse initiatives supporting community development. His commitment to financial education is exemplified by his role as the former Chairman of the Board of Directors for the Center for Financial Training in South Florida, where he continues to serve as a member of the Board.  

Mr. Velasco has more than 26 years experience in the banking sector. He joined Popular Community Bank in June 2005, and today is responsible for the management and financial performance of all lines of business including Retail Banking, Commercial Banking and Popular Association Banking within the Central Florida and South Florida markets.

Mr. Velasco also previously served as Chairman and is currently a member of the Board of Directors for Junior Achievement of Greater Miami. He is a Lifetime Honorary Member of the Board of Directors for the South Florida Chapter of the March of Dimes, as well as a member of the Florida International University President’s Council.

HOPE’s Board of Directors is comprised of some of the nation's most powerful executives, decision-makers, bankers and economists. These individuals play an essential role in driving HOPE’s Silver Rights Movement to expand economic opportunity, and make capitalism and free enterprise accessible to underserved communities. For a complete list of HOPE's current Board members visit