Prime Bank of Puerto Rico

(NM) Commercial bank, state charter and Fed nonmember

inactive

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(NM) Commercial bank, state charter and Fed nonmember

inactive

22464

1977

FDIC Certificate Number: 22464
FDIC's unique number: 15659
The FDIC Field Office where an institution is physically located: San Juan

Federal Reserve ID Number: 165217
Report Date: 1997-09-30

Bank Charter Class: NM
The date of the last data update: 2000-03-14

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 in Hato Rey, Puerto Rico.
2000-04-27 Changed trust powers from Trust Powers Not Granted to Full Trust Powers Granted.
2002-12-13 Acquired Banco Financiero De Puerto Rico in Ponce, Puerto Rico.
2004-06-09 Acquired The Bank And Trust Of Puerto Rico in San Juan, Puerto Rico.
2008-03-08 Moved bank headquarters from Hato Rey, Puerto Rico to San Juan, Puerto Rico.
2010-04-30 Merged with government financial assistance and subsequently operated as part of Oriental Bank and Trust in San Juan, Puerto Rico.
2010-04-30 FDIC closing information for Eurobank : http://www.fdic.gov/bank/individual/failed/eurobank-puertorico.html.

Total assets: $70,031,000
Total deposits: $65,462,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-8487

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