Home Federal Savings and Loan Association of Puerto Rico
Status: | Inactive as of 11/30/1984 |
Merger - Assisted | |
Successor Bank: | Caguas Federal Savings and Loan Association of Puerto Rico |
Headquarters: | Home Federal Savings and Loan Association of Puerto Rico 16 Marina Street , 00731 |
Established: | 06/28/1972 |
FDIC Insurance: | 06/28/1972 |
FDIC Cert: | #31617 |
Charter Class: | |
Total Assets: | $45,594,000 |
Total Deposits: | $23,715,000 |
History
1972-06-28 | Institution established: Original name:Home Federal Savings and Loan Association of Puerto Rico | |
1984-11-30 | Failed. Acquired with government financial assistance and subsequently operated as part of Caguas Federal Savings and Loan Association of Puerto Rico (31078) | |
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 PONCE, 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 |