Data / Bank failures / 1978 / Banco Credito Y de Ahorro Ponceno
Banco Credito Y de Ahorro Ponceno, Ponce, PR: failed March 31, 1978
Banco Credito Y de Ahorro Ponceno in Ponce, Puerto Rico, failed on March 31, 1978. It held $712.5 million in assets and $607.6 million in deposits at its last report. By assets it was the largest of 7 banks closed or assisted in 1978.
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The FDIC's record
- Closed
- March 31, 1978
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Total assets
- $712,540,000
- Total deposits
- $607,611,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 16875
Other bank failures in Puerto Rico, 1976 to 1980
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Banco de Ahorro de Puerto Rico | San Juan | September 5, 1978 | $9.4 million | $11.8 million | ||
| Banco Economias (assistance) | San German | September 2, 1977 | $190.3 million | $170 million |
All bank failures in 1978 · All bank failures in Puerto Rico · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.