Banco Economias
Status: | Inactive as of 09/02/1977 |
Absorption - Assisted Participated in Open Bank Assistance | |
Successor Bank: | Banco Central Hispano - Puerto Rico |
Headquarters: | Banco Economias Dr Veve And Creve And Manzamares , 00753 |
Established: | 01/01/1881 |
FDIC Insurance: | 02/17/1950 |
FDIC Cert: | #16878 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
History
1881-01-01 | Institution established: Original name:Banco de Economias y Prestamos | |
1973-04-27 | Changed name to Banco Economias | |
1977-09-02 | Institution established: Original name:Banco Central y Economias (22519) | |
1977-09-02 | Maintained operations with government open bank assistance. | |
1977-09-02 | Failed. Acquired with government financial assistance and subsequently operated as part of Banco Central y Economias (22519) | |
1980-12-22 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
1981-10-28 | Changed name to Banco Central Corporation (22519) | |
1992-08-21 | Changed name to Banco Central Hispano - Puerto Rico (22519) | |
1996-10-12 | Merged into and subsequently operated as part of Banco Santander Puerto Rico (20828) in SAN JUAN, PR | |
2007-12-31 | Reorganized. | |
2020-09-01 | Merged into and subsequently operated as part of FirstBank Puerto Rico (30387) in Santurce, PR |