Prime Bank of Puerto Rico
Status: | Inactive as of 10/27/1997 |
Merger - Without Assistance | |
Successor Bank: | Eurobank |
Headquarters: | Prime Bank of Puerto Rico 32 Acosta Street , 00625 |
Established: | 05/16/1977 |
FDIC Insurance: | 05/16/1977 |
FDIC Cert: | #22464 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $70,031,000 |
Total Deposits: | $65,462,000 |
History
1977-05-16 | Institution established: Original name:Banco Industrial y Comercial de Caguas | |
1981-10-13 | Changed name to Banco de Caguas | |
1990-03-07 | Changed name to Banco del Comercio de Puerto Rico | |
1997-01-10 | Changed name to Prime Bank of Puerto Rico | |
1997-10-27 | Merged into and subsequently operated as part of Eurobank (27150) in HATO REY, PR | |
2000-04-27 | Change trust powers from TRUST POWERS NOT GRANTED 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 |