Caguas Federal Savings and Loan Association of Puerto Rico
Status: | Inactive as of 08/31/1990 |
Pass Through Receivership Merger Conservatorship Institution Resolved | |
Successor Bank: | Banco Santander Puerto Rico |
Headquarters: | Caguas Federal Savings and Loan Association of Puerto Rico Betances & Baldorioty Streets , 00625 |
Established: | 01/01/1958 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #31078 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $1,499,856,000 |
Total Deposits: | $1,034,128,000 |
History
1958-01-01 | Institution established: Original name:Caguas Federal Savings and Loan Association of Puerto Rico | |
1982-08-31 | Acquired United Federal Savings and Loan Association of Puerto Rico (30967) in SAN JUAN, PR | |
1984-11-30 | Acquired Home Federal Savings and Loan Association of Puerto Rico (31617) in PONCE, PR | |
1985-02-28 | Changed organization type to MUTUAL SAVINGS BANK | |
1986-10-31 | Acquired Central Federal Savings Bank of PR (31049) in ARECIBO, PR | |
1990-05-25 | Placed into government conservatorship. | |
1990-08-31 | Government conservatorship or bridge bank resolved. | |
1990-08-31 | Acquired after government financial assistance and subsequently operated as part of Banco Santander Puerto Rico (20828) | |
1991-09-04 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
1994-11-30 | Changed from the Savings Association Insurance Fund to the Bank Insurance Fund. | |
1994-11-30 | Acquired Santander National Bank (31162) in BAYAMON, PR | |
1996-10-12 | Acquired Banco Central Hispano - Puerto Rico (22519) in SAN JUAN, PR | |
2006-03-31 | Moved bank headquarters from CAGUAS, PR to 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 |