- Routing number: 021502011
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Routing number: 021502011
Sign InA segment of the Puerto Rican diaspora returns to the island, trying to escape the ravages of the recession in the mainland United States. They encountered a similar situation in Puerto Rico. Puerto Rico was the site of the Panamerican Games. Arturo L. Carrión, executive of Banco Popular, presides over the Organizing Committee. Because of social tensions, these years were notable for perturbing events of considerable importance: the land seizures known as Villa sin Miedo, the events at Cerro Maravilla, and the strike at the University of Puerto Rico.
Banco Popular confronted the instability with a significant reduction in its earnings. But during the crisis, the bank continued to finance housing and gave the government a line of credit for 20 million dollars for housing projects. In 1976, Cupey Center, the computer and operational center for el Popular, opened its doors. With the arrival of companies due to the 936, American and Spanish banks establish themselves on the island. Thus, begins a fierce competition among banks. Banco Popular opens its first branch in the Virgin Islands, in Santa Cruz.
In the last 50 years, only three danzas have achieved notable fame, and two of these were from the 1970s: “Tu vives en mi pensamiento” by Eladio Torres and “Verde Luz” by Antonio Cabán Vale. Both composers revived danza with performers of international repute: Danny Rivera, Marco Antonio Muñiz, Ruth Fernández, Cheo Feliciano, and the Orquestra Filarmónica de Puerto Rico. The commitment to bolero continued to be the life mission of Puerto Rican artists of that genre. Among those who distinguished themselves in bolero were Chucho Avellanet, Julio Angel, and Danny Rivera. Merengue was popular during this period. In rock, Roy Brown and Noel Hernández were the first Puerto Rican rockers to compose original music in Spanish. Wilkins and Glenn Monroig were also popular in this period. The boy band Menudo achieved international fame.