FirstBank (stylized as 1 FirstBank), is a banking institution in Puerto Rico. The company is headquartered in San Juan, with branches there and in twenty-two other Puerto Rican cities. "1FirstBank Florida" includes branches in Miami, Boca Raton and Ft Lauderdale. [1]
As of 2020, FirstBank had 8 branches in Florida. [2] Aurelio Alemán-Bermudez has served as president of 1 FirstBank since 2009. [3]
In 2020, 1 FirstBank bought Banco Santander Puerto Rico to expand its operations in Puerto Rico. [4] [5]
In 2020, 1 FirstBank received an award from the USDA Rural Development program for being a top mortgage lender for people purchasing single family homes in Puerto Rico. [6]
First Bank was known until the 1990s as First Federal. [7]
Popular, Inc., doing business as Banco Popular in Puerto Rico and the Virgin Islands and as Popular Bank in the mainland United States, is a financial services conglomerate that has operated in Puerto Rico for over 125 years and in the mainland United States for over 52 years. In recent years, it has expanded into other areas of the Caribbean and Central America. The BPPR in the logo stands for Banco Popular de Puerto Rico, where the bank has its major historical footprint.
Emilio Botín-Sanz de Sautuola García de los Ríos,iure uxorisMarquess of O'Shea was a Spanish banker. He was the executive chairman of Spain's Grupo Santander. In 1993 his bank absorbed Banco Español de Crédito (Banesto), and in 1999 it merged with Banco Central Hispano creating Banco Santander Central Hispano (BSCH), which became Spain's largest bank, of which he was co-president with Central Hispano's José María Amusategui, until Amusategui retired in 2002. In 2004, BSCH acquired the British bank Abbey National, making BSCH the second largest bank in Europe by market capitalisation. He was known for his obsession with growth and performance as well as regularly visiting branches.
The Rural Housing Service (RHS) is an agency of the United States Department of Agriculture (USDA). Located within the Department's Rural Development mission area. RHS operates a broad range of programs to provide moderate- low- and very-low-income Americans in rural communities with:
Banco Santander, S.A., doing business as Santander Group, is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centres as the 16th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia.
First BanCorp is a publicly owned financial holding company located in San Juan, Puerto Rico.
Santander Bank, N. A., formerly Sovereign Bank, is a wholly owned subsidiary of Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about 650 retail banking offices and over 2,000 ATMs, and employs approximately 9,800 people. It offers an array of financial services and products including retail banking, mortgages, corporate banking, cash management, credit card, capital markets, trust and wealth management, and insurance.
Public housing in Puerto Rico is a subsidized system of housing units, mostly consisting of housing projects, which are provided for low-income families in Puerto Rico. The system is mainly financed with programs from the US Department of Housing and Urban Development (HUD) and the US Department of Agriculture USDA Rural Development. As of 2020, there were 325 public housing developments in Puerto Rico.
The W Holding Company was a financial holding corporation located in Mayagüez, Puerto Rico. On April 30, 2010, Westernbank, its wholly owned bank subsidiary, failed and its deposits and assets were seized by the Federal Deposit Insurance Corporation and subsequently sold to Banco Popular de Puerto Rico.
The R & G Financial Corporation was a financial holding company located in San Juan, Puerto Rico. On April 30, 2010, its bank failed and its deposits and assets were seized by the Federal Deposit Insurance Corporation (FDIC). Its deposits and assets were subsequently sold to Scotiabank. On May 14, R & G Financial Corporation filed for Chapter 11 bankruptcy.
Doral Financial Corporation was the holding company of Doral Bank. It was founded in 1972. At the time the bank closed in February, 2015, it had $5.9 billion in assets and 26 branches.
OFG Bancorp, founded in 1964, more commonly known as OFG or Oriental Bank, is a financial holding company located in San Juan, Puerto Rico. OFG offers a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico through its principal subsidiaries: Oriental Bank, Oriental Financial Services Corp., and Oriental Insurance, Inc. Its headquarters are located at the Oriental Center, 15th Floor, 254 Muñoz Rivera Avenue, San Juan, PR 00918. OFG Bancorp, one of Puerto Rico's top three banks, has $9.3 billion in assets (2019), and approximately 2,400 employees (2019).
EuroBancshares, Inc. was a financial holding company located in San Juan, Puerto Rico. On April 30, 2010, the bank failed and its deposits and assets were seized by the Federal Deposit Insurance Corporation (FDIC). Its deposits and assets were subsequently sold to Oriental Bank and Trust.
CaixaBank, S.A., formerly Criteria CaixaCorp, is a Spanish financial services company owned by CriteriaCaixa with a 40% stake. CaixaBank is based in Valencia and Barcelona in Spain. It is Spain's third-largest lender by market value, after Banco Santander and BBVA. CaixaBank has 5,397 branches to serve its 15.8 million customers, and has the most extensive branch network in the Spanish market. It is listed in the Bolsa de Madrid and is part of the IBEX 35.
Banco de Ponce was the Puerto Rican bank with the largest number of branches in the United States and second largest bank in deposits and number of branches in Puerto Rico during the twentieth century. Founded in Ponce, Puerto Rico, in the early part of the century, it headquartered in San Juan in 1970 and, 20 years later, merged with Banco Popular forming BancPonce Corporation.
The Banco de Ponce building, a historic building in Ponce, Puerto Rico, was the first and main office of Banco de Ponce until the company merged with Banco Popular in 1990. Though its headquarters had moved to a presumptuous building in Hato Rey's Milla de Oro by then, Banco de Ponce continued to consider this building its main office, until the company merged with Banco Popular in 1990. The building was listed on the U.S. National Register of Historic Places on June 25, 1987. It was built in 1924.
The Banco Crédito y Ahorro Ponceño building, a historic building in Ponce, Puerto Rico, was the first and main office of the historic Banco Crédito y Ahorro Ponceño, and represents one of the last examples of the once popular turn-of-the-century eclectic architecture. The building was listed on the U.S. National Register of Historic Places on June 25, 1987. It was built in 1924. The building was owned by Banco Crédito y Ahorro Ponceño which was one of the largest banking companies in the country of Puerto Rico during most of the twentieth century.
Citibank Argentina is a commercial bank and financial services company operating as a wholly owned subsidiary of New York-based Citigroup. Its banking operations are the tenth largest in Argentina. In October 2016, Citibank reached an agreement to sell its retail banking operations in Argentina to Banco Santander Río.
William Edgardo Miranda Torres, also known as "Willito", is a Puerto Rican politician and current mayor of Caguas.
Banco Crédito y Ahorro Ponceño was the first bank in Ponce, Puerto Rico, and one of the first two native Puerto Rican banks to be established in Puerto Rico. The bank was the first one to introduce a bank credit card to the Puerto Rican market. With over 50 branches throughout the island, the bank was one of the largest banking companies in Puerto Rico during most of the twentieth century.
Norwest Corporation was a banking and financial services company based in Minneapolis, Minnesota, United States. In 1998, it merged with Wells Fargo & Co. and since that time has traded under the Wells Fargo name.
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