PonceBank

Status:Inactive as of 07/01/1998
 Merger - Without Assistance
Successor Bank:Banco Bilbao Vizcaya Argentaria Puerto Rico
Headquarters:PonceBank
Corner Villa & Concordia Sts
, 00731
Established:10/10/1958
FDIC Insurance:08/09/1989
FDIC Cert:#31054
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$1,079,373,000
Total Deposits:$854,886,000

History

1958-10-10Institution established: Original name:Ponce Federal Savings and Loan Association of Puerto Rico
1984-03-31Changed name to Ponce Federal Bank, FSB
1984-03-31Changed organization type to STOCK SAVINGS BANK
1994-10-31Changed name to PonceBank
1994-10-31Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1994-10-31Changed organization type to COMMERCIAL BANK
1998-07-01Merged into and subsequently operated as part of Banco Bilbao Vizcaya Puerto Rico (19919) in MAYAGUEZ, PR
1998-09-17Moved bank headquarters from MAYAGUEZ, PR to SAN JUAN, PR
2000-10-09Changed name to Banco Bilbao Vizcaya Argentaria Puerto Rico (19919)
2000-10-09Reorganized.
2012-12-18Merged into and subsequently operated as part of Oriental Bank and Trust (31469) 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 (1997-12-31 and Older)