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Bank Events in Puerto Rico
Every FDIC-insured bank failure, merger or acquisition involving a bank, credit union or bank holding company, and regulatory enforcement action affecting banks headquartered in Puerto Rico (PR).
Failures in Puerto Rico
| Date | Bank | Assets |
|---|---|---|
| Feb 27, 2015 | Doral Bank | $5.90B |
| Apr 30, 2010 | Westernbank Puerto Rico | $10.80B |
| Apr 30, 2010 | R-G Premier Bank of Puerto Rico | $5.68B |
| Apr 30, 2010 | Eurobank | $2.45B |
| Jan 24, 1992 | Banco Nacional, N.A. | $52.1M |
| May 25, 1990 | Cagaus-Central Federal Savings | $1.64B |
| May 30, 1986 | Banco de Ahorro, F.S.B. | $34.0M |
| Aug 16, 1984 | Girod Trust Company | $405.7M |
| Dec 9, 1983 | Union Trust Company | $30.6M |
| Jun 12, 1982 | Banco Regional | $21.4M |
| Sep 5, 1978 | Banco de Ahorro De Puerto Rico | $9.4M |
| Mar 31, 1978 | Banco Credito Y De Ahorro Ponceno | $712.5M |
Mergers & Acquisitions involving Puerto Rico banks
| Date | Acquired (PR) | Acquirer |
|---|---|---|
| May 2, 2025 | Popular Auto LLC | Banco Popular de Puerto Rico |
| Nov 1, 2024 | Universal Coop Federal Credit Union | Caribe Federal Credit Union |
| Aug 31, 2021 | Borinquen Community Federal Credit Union | Puerto Rico Federal Credit Union |
| Apr 30, 2021 | Glamour Federal Credit Union | Puerto Rico Federal Credit Union |
| Sep 1, 2020 | Banco Santander Puerto Rico | FirstBank Puerto Rico |
| Sep 1, 2020 | Santander Bancorp | First Bancorp |
| Dec 31, 2019 | Scotiabank de Puerto Rico | Oriental Bank |
| Sep 28, 2018 | Borinquen Sur Federal Credit Union | Caribe Federal Credit Union |
| Feb 1, 2017 | Philcore Federal Credit Union | Vapr Federal Credit Union |
| Jan 1, 2015 | Firstmortgage Inc. | FirstBank Puerto Rico |
| Jan 1, 2013 | Popular Mortgage, Inc. | Banco Popular de Puerto Rico |
| Dec 22, 2012 | Bbvapr Holding Corporation | Ofg Bancorp |
| Dec 19, 2012 | Banco Bilbao Vizcaya Argentaria Puerto Rico | Oriental Bank |
| Jan 1, 2011 | Santander International Bank of Puerto Rico, Inc. | Banco Santander Puerto Rico |
| Sep 14, 2010 | Industries Puerto Rico Federal Credit Union | Borinquen Community Federal Credit Union |
| Jun 30, 2010 | First Leasing and Rental Corp. | FirstBank Puerto Rico |
| Jun 30, 2010 | Grupo Empresas Servicios Financieros | FirstBank Puerto Rico |
| Feb 28, 2009 | Popular Finance, Inc. | Banco Popular de Puerto Rico |
| Jul 1, 2008 | Doral International, Inc. | Doral Bank |
| May 31, 2008 | Solimar Federal Credit Union | Puerto Rico Federal Credit Union |
| Jan 1, 2008 | Santander Mortgage Corp. | Banco Santander Puerto Rico |
| Jul 19, 2007 | Centro Hipotecario De Puerto Rico, Inc. | Doral Financial Corporation |
| Mar 1, 2007 | Esso Employees of P R Federal Credit Union | Puerto Rico Federal Credit Union |
| Sep 30, 2006 | San Juan (Puerto Rico) Federal Credit Union | Caribe Federal Credit Union |
| Jun 30, 2006 | Icpr Federal Credit Union | Caribe Federal Credit Union |
| Jan 1, 2006 | Fort Buchanan Federal Credit Union | Pentagon Federal Credit Union |
| May 3, 2004 | The Bank and Trust of Puerto Rico | Eurobank |
| Dec 14, 2002 | Banco Financiero de Puerto Rico | Eurobank |
| Dec 7, 1998 | McNeil-Ortho Employees Federal Credit Union | Financial Resources Federal Credit Union |
| Aug 1, 1998 | Fajardo Federal Savings Bank | R-G Premier Bank of Puerto Rico |
| Jul 1, 1998 | PonceBank | Banco Bilbao Vizcaya Argentaria Puerto Rico |
| Oct 25, 1997 | Prime Bank of Puerto Rico | Eurobank |
| Jul 1, 1997 | Roig Commercial Bank | Banco Popular de Puerto Rico |
| Oct 12, 1996 | Banco Central Hispano - Puerto Rico | Banco Santander Puerto Rico |
| Mar 28, 1996 | Hotel Employees Federal Credit Union | Vapr Federal Credit Union |
| Mar 5, 1996 | CGSJ Federal Credit Union | Vapr Federal Credit Union |
| Dec 1, 1994 | Santander National Bank | Banco Santander Puerto Rico |
| Dec 1, 1994 | Caribe Hilton Federal Credit Union | Vapr Federal Credit Union |
| Apr 1, 1994 | Caa Caribe Federal Credit Union | Jetstream Federal Credit Union |
| Feb 11, 1994 | C a S a First Federal Credit Union | Caribe Federal Credit Union |
| Jun 30, 1993 | Caribbean Federal Savings Bank of PR | R-G Premier Bank of Puerto Rico |
| Jun 12, 1993 | Royal Bank de Puerto Rico | Banco Bilbao Vizcaya Argentaria Puerto Rico |
| Oct 28, 1991 | Ponce Metropolitan Federal Credit Union | Borinquen Sur Federal Credit Union |
| Oct 1, 1986 | Central Federal Savings Bank of PR | Caguas-Central Federal Savings Bank of Puerto Rico |
| Nov 21, 1984 | El Tuque Federal Credit Union | Borinquen Sur Federal Credit Union |
| Oct 7, 1984 | Home Federal Savings and Loan Association of Puerto Rico | Caguas-Central Federal Savings Bank of Puerto Rico |
| Aug 1, 1982 | United Federal Savings and Loan Association of Puerto Rico | Caguas-Central Federal Savings Bank of Puerto Rico |
| Nov 20, 1981 | Pan American Federal Savings and Loan Association of Puerto Rico | FirstBank Puerto Rico |
| Sep 8, 1979 | Banco Mercantil de Puerto Rico, Inc. | Scotiabank de Puerto Rico |
| Dec 12, 1967 | Banco de San German in San German | Banco Popular de Puerto Rico |