Caribbean Federal Savings Bank of PR

Status:Inactive as of 06/30/1993
 Merger - Without Assistance
Successor Bank:R-G Premier Bank of Puerto Rico
Headquarters:Caribbean Federal Savings Bank of PR
65th Infantry And San Marcos Aves
, 00630
Established:01/01/1973
FDIC Insurance:08/09/1989
FDIC Cert:#31690
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$76,713,000
Total Deposits:$48,271,000

History

1973-01-01Institution established: Original name:Carribbean Federal Savings and Loan Association of Puerto Rico
1984-05-31Changed organization type to MUTUAL SAVINGS BANK
1984-05-31Changed name to Caribbean Federal Savings Bank of PR
1993-06-30Merged into and subsequently operated as part of R & G Federal Savings Bank (32185) in GUAYNABO, PR
1994-03-07Moved bank headquarters from GUAYNABO, PR to HATO REY, PR
1994-11-30Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1996-12-03Reorganized.
1998-07-31Acquired Fajardo Federal Savings Bank (31635) in FAJARDO, PR
2010-04-30Failed. Acquired with government financial assistance and subsequently operated as part of Scotiabank de Puerto Rico (22946)
2010-09-01Change trust powers from TRUST POWERS NOT GRANTED to TRUST POWERS TERMINATED
2010-09-02Change trust powers from TRUST POWERS TERMINATED to FULL TRUST POWERS GRANTED
2011-05-31Moved bank headquarters from HATO REY, PR to SAN JUAN, PR
2019-12-31Merged into and subsequently operated as part of Oriental Bank (31469) in SAN JUAN, PR

Financial Information (1992-12-31 and Older)