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Data / Bank failures / 2010 / Eurobank

Eurobank, San Juan, PR: failed April 30, 2010

Eurobank in San Juan, Puerto Rico, failed on April 30, 2010. Oriental Bank and Trust of San Juan, PR, took over its deposits. It held $2.45 billion in assets and $1.86 billion in deposits at its last report. The FDIC estimates the cost to its insurance fund at $539.1 million (22% of its assets). By assets it was the 9th largest of 157 banks closed or assisted in 2010.

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The FDIC's record

Closed
April 30, 2010
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
Oriental Bank and Trust, San Juan, PR
Total assets
$2,453,138,000
Total deposits
$1,861,350,000
Estimated cost to the FDIC
$539,123,865 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
DIF
FDIC certificate
27150

The FDIC record

Other bank failures in Puerto Rico, 2008 to 2012

BankCityClosedAssetsDepositsEstimated costAcquirer
R-G Premier Bank of Puerto RicoHato ReyApril 30, 2010$5.68 billion$4.22 billion$978.1 millionScotiabank de Puerto Rico
Westernbank Puerto RicoMayaguezApril 30, 2010$10.80 billion$8.42 billion$2.17 billionBanco Popular de Puerto Rico

All bank failures in 2010 · 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.