Data / Bank failures / 1977 / Banco Economias
Banco Economias, San German, PR: received FDIC assistance September 2, 1977
Banco Economias in San German, Puerto Rico, received open bank assistance from the FDIC on September 2, 1977. It held $190.3 million in assets and $170 million in deposits at its last report. By assets it was the largest of 6 banks closed or assisted in 1977.
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The FDIC's record
- Closed
- September 2, 1977
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Total assets
- $190,254,000
- Total deposits
- $169,999,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 16878
Other bank failures in Puerto Rico, 1975 to 1979
| 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 Credito Y de Ahorro Ponceno | Ponce | March 31, 1978 | $712.5 million | $607.6 million |
All bank failures in 1977 · 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.