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

1980-06-01Institution established but was not FDIC insured. Original name: Espanola de Finanzas Trust Company, Inc.
1987-12-28Changed organization type to COMMERCIAL BANK
1987-12-28Became FDIC insured.
1987-12-28Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
1989-06-07Changed name to First Community Trust Company, Inc.
1990-10-15Changed name to Eurobank & Trust Company
1992-01-24Acquired Banco Nacional, National Association (26468) in SAN JUAN, PR
1993-01-08Changed name to Eurobank
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 TERMINATED 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

Financial Information (2010-03-31 and Older)