R-G Premier Bank of Puerto Rico

Status:Inactive as of 04/30/2010
 Absorption - Assisted
Successor Bank:Scotiabank de Puerto Rico
Headquarters:R-G Premier Bank of Puerto Rico
280 Jesus T. Pinero Avenue
, 00919
Established:12/15/1983
FDIC Insurance:08/09/1989
FDIC Cert:#32185
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$5,681,177,000
Total Deposits:$4,220,108,000

History

1983-12-15Institution established: Original name:Guaynabo Federal Savings Bank
1987-02-28Changed organization type to STOCK SAVINGS BANK
1990-06-01Changed name to R & G Federal Savings Bank
1991-12-03Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1993-06-30Acquired Caribbean Federal Savings Bank of PR (31690) in CAROLINA, PR
1994-03-07Moved bank headquarters from GUAYNABO, PR to HATO REY, PR
1994-11-30Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1996-12-03Reorganized.
1998-07-31Acquired Fajardo Federal Savings Bank (31635) in FAJARDO, PR
2010-04-30Failed. Acquired with government financial assistance and subsequently operated as part of Scotiabank de Puerto Rico (22946)
2010-09-01Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
2010-09-02Change trust powers from TRUST POWERS TERMINATED to FULL TRUST POWERS GRANTED
2011-05-31Moved bank headquarters from HATO REY, PR to SAN JUAN, PR
2019-12-31Merged into and subsequently operated as part of Oriental Bank (31469) in SAN JUAN, PR

Financial Information (2010-03-31 and Older)