Member FDIC. Member of the Federal Reserve System. IRA accounts are available only for current residents of the Commonwealth of Puerto Rico. IRA accounts requested through popular.com^® must be paid through an electronic debit. Payments in cash, checks or money orders will only be accepted at Banco Popular branches. Offer does not apply to internal transfers between Banco Popular IRA accounts or renewals. Minimum initial deposit $500. Penalty for withdrawals or cancellation before maturity date: 180 days interest. Processing charge: $5 per instrument on withdrawals, cancellations and returns for excess of contributions, and $25 per instrument for rollovers to an eligible institution. ¹ The rate applicable for your IRA Exenta Popular or IRA Regular for 3 years will be the highest interest interest rate offered by Banco Popular in these products from January 1, 2010 to April 15, 2010. Offer does not apply to internal transfers between Banco Popular IRA accounts or renewals. Certain restrictions apply. Banco Popular offers diverse investment alternatives. You should obtain detailed information to determine which is best suited to your needs. ² 5,000 PREMIA® points will apply if the sum of the transfers is equal to or greater than $ 10,000. Transfers less than $ 10,000 will receive 1,000 PREMIA® points per client. Subject to the conditions of the PREMIA® program. Not available in the USVI. For example, an IRA Regular for 3 years would have an Annual Percentage Yield (APY) of 2.27% based on maintaining the minimum initial deposit until maturity. Points will applied at the end of IRA campaign, no later than July 31, 2010.