Banco Nacional

Status:Inactive as of 01/24/1992
 Absorption - Assisted
Successor Bank:Eurobank
Headquarters:Banco Nacional
B N Plaza Building, Ponce De Leon Avenue
, 00919
Established:12/11/1985
FDIC Insurance:12/11/1985
FDIC Cert:#26468
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$52,084,000
Total Deposits:$48,860,000

History

1985-12-11Institution established: Original name:Banco Nacional, National Association
1992-01-24Failed. Acquired with government financial assistance and subsequently operated as part of Eurobank & Trust Company (27150)
1993-01-08Changed name to Eurobank (27150)
1996-07-01Moved bank headquarters from SAN JUAN, PR to HATO REY, PR
1997-10-27Acquired Prime Bank of Puerto Rico (22464) in CAGUAS, PR
2000-04-27Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2002-12-13Acquired Banco Financiero de Puerto Rico (22302) in PONCE, PR
2004-06-09Acquired The Bank and Trust of Puerto Rico (26592) in SAN JUAN, PR
2008-03-08Moved bank headquarters from HATO REY, PR to SAN JUAN, PR
2010-04-30Failed. Acquired with government financial assistance and subsequently operated as part of Oriental Bank and Trust (31469)
2012-12-18Acquired Banco Bilbao Vizcaya Argentaria Puerto Rico (19919) in SAN JUAN, PR
2013-03-07Changed name to Oriental Bank (31469)
2019-12-31Acquired Scotiabank de Puerto Rico (22946) in SAN JUAN, PR