Data / Bank failures / 1982 / Banco Regional
Banco Regional, Bayamon, PR: failed June 12, 1982
Banco Regional in Bayamon, Puerto Rico, failed on June 12, 1982. Citibank N A of New York City, NY, took over its deposits. It held $21.4 million in assets and $17.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $319,816 (1.5% of its assets). By assets it was the 85th largest of 119 banks closed or assisted in 1982.
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The FDIC's record
- Closed
- June 12, 1982
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Citibank N A, New York City, NY
- Total assets
- $21,440,000
- Total deposits
- $17,922,000
- Estimated cost to the FDIC
- $319,816 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 22321
Other bank failures in Puerto Rico, 1980 to 1984
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Home FS&LA (assistance) | Ponce | October 1, 1984 | $45.6 million | $23.7 million | $1.7 million | Caguas FS&LA of Puerto Rico |
| Girod Trust Company | San Juan | August 16, 1984 | $405.7 million | $289.7 million | $86.3 million | Citibank N A |
| Union Trust Company | San Juan | December 9, 1983 | $30.6 million | $25.7 million | $9.2 million | Banco Popular de Puerto |
| United FS&LA of Puerto Rico (assistance) | San Juan | July 30, 1982 | $286.9 million | $215.9 million | Caguas FS&LA | |
| Pan American, FS&LA (assistance) | Rio Piedras | November 20, 1981 | $43.9 million | $31.6 million | First FSB | |
| First FS&LA of Puerto Rico (assistance) | Santurce | November 20, 1981 | First FSB |
Other failed banks Citibank N A took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Girod Trust Company | San Juan | PR | August 16, 1984 | $405.7 million | $289.7 million | $86.3 million | Citibank N A |
All bank failures in 1982 · All bank failures in Puerto Rico · Every failed bank Citibank N A took over · 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.