Banco de Ahorro de Puerto Rico

Status:Inactive as of 09/06/1978
 Absorption - Assisted
Successor Bank:Banco Bilbao Vizcaya Argentaria Puerto Rico
Headquarters:Banco de Ahorro de Puerto Rico
400 Munoz Rivera Avenue
, 00919
Established:04/15/1966
FDIC Insurance:04/15/1966
FDIC Cert:#19575
Charter Class:

History

1966-04-15Institution established: Original name:Banco de Ahorro de Puerto Rico
1972-09-01Changed name to Banco de Ahorro Mutualista de Puerto Rico
1976-04-27Changed name to Banco de Ahorro de Puerto Rico
1976-04-27Changed organization type to MUTUAL SAVINGS BANK
1978-09-06Failed. Acquired with government financial assistance and subsequently operated as part of Banco Comercial de Mayaguez (19919)
1983-04-04Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1983-04-04Moved bank headquarters from SAN JUAN, PR to MAYAGUEZ, PR
1992-01-30Changed name to Banco Bilbao Vizcaya Puerto Rico (19919)
1993-06-11Acquired Royal Bank de Puerto Rico (17168) in SAN JUAN, PR
1998-07-01Acquired PonceBank (31054) in PONCE, PR
1998-09-17Moved bank headquarters from MAYAGUEZ, PR to SAN JUAN, PR
2000-10-09Reorganized.
2000-10-09Changed name to Banco Bilbao Vizcaya Argentaria Puerto Rico (19919)
2012-12-18Merged into and subsequently operated as part of Oriental Bank and Trust (31469) in SAN JUAN, PR
2013-03-07Changed name to Oriental Bank (31469)
2019-12-31Acquired Scotiabank de Puerto Rico (22946) in SAN JUAN, PR