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Data / Bank failures / 1978 / Banco de Ahorro de Puerto Rico

Banco de Ahorro de Puerto Rico, San Juan, PR: failed September 5, 1978

Banco de Ahorro de Puerto Rico in San Juan, Puerto Rico, failed on September 5, 1978. It held $9.4 million in assets and $11.8 million in deposits at its last report. By assets it was the 5th largest of 7 banks closed or assisted in 1978.

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The FDIC's record

Closed
September 5, 1978
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total assets
$9,352,000
Total deposits
$11,831,000
Insurance fund
FDIC
FDIC certificate
19575

The FDIC record

Other bank failures in Puerto Rico, 1976 to 1980

BankCityClosedAssetsDepositsEstimated costAcquirer
Banco Credito Y de Ahorro PoncenoPonceMarch 31, 1978$712.5 million$607.6 million
Banco Economias (assistance)San GermanSeptember 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 2026-10-24. 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.