Banco Santander Puerto Rico

Status:Inactive as of 09/01/2020
 Merger - Without Assistance
Successor Bank:FirstBank Puerto Rico
Headquarters:Banco Santander Puerto Rico
207 Ave Ponce De Leon
, 00917
Established:10/02/1972
FDIC Insurance:10/02/1972
FDIC Cert:#20828
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$5,990,637,000
Total Deposits:$4,861,869,000

History

1972-10-02Institution established: Original name:Banco de Santander-Puerto Rico
1977-05-02Changed name to Banco de Santander-Puerto Rico, N.A.
1978-03-31Changed name to Banco de Santander-Puerto Rico
1978-04-01Acquired Banco Credito y Ahorro Ponceno (16875) in PONCE, PR
1985-12-10Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1990-03-21Changed name to Banco Santander Puerto Rico
1990-08-31Acquired Caguas Federal Savings and Loan Association of Puerto Rico (31078) in CAGUAS, PR
1991-09-04Change trust powers from LIMITED TRUST POWERS GRANTED to FULL TRUST POWERS GRANTED
1994-11-30Acquired Santander National Bank (31162) in BAYAMON, PR
1996-10-12Acquired Banco Central Hispano - Puerto Rico (22519) in SAN JUAN, PR
2007-12-31Reorganized.
2020-09-01Merged into and subsequently operated as part of FirstBank Puerto Rico (30387) in Santurce, PR

Financial Information (2020-06-30 and Older)