Firstbank Puerto Rico is a state-chartered commercial bank based in Santurce PR. The bank holding company is known as First BankCorp, which is headquartered in San Juan. The bank serves the markets of Puerto Rico, the US mainland, chiefly Florida, and the US and British Virgin Islands with nearly a hundred locations spread in these areas. An FDIC-insured bank, it was first chartered as the first Savings & Loan Institution in 1948.
Popularly known as FirstBank, it offers an array of financial services, such as mortgages & loans, leasing, consumer banking, securities & brokerage, and investment banking through one or the other subsidiaries. The major subsidiaries include FirstMortgage, First Leasing & Rental Corp., FirstBank Puerto Rico Securities, First Management of Puerto Rico, First Federal Finance Corp., and First Bank Overseas Corp. In the US mainland, it operates under the brand name FirstBank Florida with headquarters in Miami, FL.
The major retail banking products include personal banking accounts, loans and credit, mortgage, investments, insurance, auto finance, and services like online banking, telephone banking, direct debit and check services. The accounts available at the bank include checking, savings, IRAs, and Certificates of Deposit (CDs). The loan products include personal loans, lines of credit, and credit cards. Apart from personal banking solutions, Firstbank of Puerto Rico also provides commercial banking and corporate banking solutions.
|Bank Name||Firstbank of Puerto Rico|
|Year of Establishment||1/17/1949|
|FDIC Insured Since||1/17/1949|
|FDIC Certificate No||30387|
|Number of Branches||68 domestic + 1 foreign|
|Number of ATMs|
|Number of Employees||2,424|
|Number of States Served||3 States|
|Services Offered (Available Accounts)||Checking, Savings, Credit Cards, Mortgage, Auto Loans, CDs, IRAs,|
|Mobile and Online Banking||Account Balance, Bill Pay, Fund Transfer, Statement,|
|Assets (June 30, 2014)||12,503,599|
|Deposits (June 30, 2014)||9,672,979|
|Equity Capital (June 30, 2014)||1,496,636|
|Net Income (June 30, 2014)||23,520|
|Primary Federal Regulator||Federal Deposit Insurance Corporation (FDIC)|
|Address||1519 Ponce De Leon Ave, Santurce,PR 00909|
(Courtesy: FDIC as on June 30, 2014)