Eurobank
Status: | Inactive as of 04/30/2010 |
Absorption - Assisted | |
Successor Bank: | Oriental Bank |
Headquarters: | Eurobank Quebrada Arena Road #1, Km 24.5 , 00926 |
Established: | 06/01/1980 |
FDIC Insurance: | 12/28/1987 |
FDIC Cert: | #27150 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $2,453,138,000 |
Total Deposits: | $1,861,350,000 |
History
1980-06-01 | Institution established but was not FDIC insured. Original name: Espanola de Finanzas Trust Company, Inc. | |
1987-12-28 | Changed organization type to COMMERCIAL BANK | |
1987-12-28 | Became FDIC insured. | |
1987-12-28 | Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED | |
1989-06-07 | Changed name to First Community Trust Company, Inc. | |
1990-10-15 | Changed name to Eurobank & Trust Company | |
1992-01-24 | Acquired Banco Nacional, National Association (26468) in SAN JUAN, PR | |
1993-01-08 | Changed name to Eurobank | |
1996-07-01 | Moved bank headquarters from SAN JUAN, PR to HATO REY, PR | |
1997-10-27 | Acquired Prime Bank of Puerto Rico (22464) in CAGUAS, PR | |
2000-04-27 | Change trust powers from TRUST POWERS TERMINATED to FULL TRUST POWERS GRANTED | |
2002-12-13 | Acquired Banco Financiero de Puerto Rico (22302) in PONCE, PR | |
2004-06-09 | Acquired The Bank and Trust of Puerto Rico (26592) in SAN JUAN, PR | |
2008-03-08 | Moved bank headquarters from HATO REY, PR to SAN JUAN, PR | |
2010-04-30 | Failed. Acquired with government financial assistance and subsequently operated as part of Oriental Bank and Trust (31469) | |
2012-12-18 | Acquired Banco Bilbao Vizcaya Argentaria Puerto Rico (19919) in SAN JUAN, PR | |
2013-03-07 | Changed name to Oriental Bank (31469) | |
2019-12-31 | Acquired Scotiabank de Puerto Rico (22946) in SAN JUAN, PR |