Data / Bank failures / Puerto Rico
Bank failures in Puerto Rico: 12 banks since 1977
12 banks in Puerto Rico failed between 1977 and 2015, holding $27.73 billion in assets and $20.89 billion in deposits. The FDIC estimates the cost to its insurance fund at $4.72 billion. The FDIC also assisted 5 open banks without closing them. The largest: Westernbank Puerto Rico ($10.80 billion), Doral Bank ($5.90 billion), R-G Premier Bank of Puerto Rico ($5.68 billion). By decade: 1970s 3, 1980s 8, 1990s 2, 2010s 4.
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| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Doral Bank | San Juan | February 27, 2015 | $5.90 billion | $4.10 billion | $689.4 million | Banco Popular de Puerto Rico |
| R-G Premier Bank of Puerto Rico | Hato Rey | April 30, 2010 | $5.68 billion | $4.22 billion | $978.1 million | Scotiabank de Puerto Rico |
| Westernbank Puerto Rico | Mayaguez | April 30, 2010 | $10.80 billion | $8.42 billion | $2.17 billion | Banco Popular de Puerto Rico |
| Eurobank | San Juan | April 30, 2010 | $2.45 billion | $1.86 billion | $539.1 million | Oriental Bank and Trust |
| Banco Nacional, National Association | San Juan | January 24, 1992 | $52.1 million | $48.9 million | $8 million | EUROBANK&TRUST Co |
| Cagaus-Central Federal Savings | Caguas | May 25, 1990 | $1.64 billion | $1.26 billion | $231.3 million | Banco Santander PR |
| Banco de Ahorro, F.S.B. | Mayaguez | May 30, 1986 | $34 million | $30 million | $7 million | Banco Popular de Puerto |
| 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 | |
| Banco Regional | Bayamon | June 12, 1982 | $21.4 million | $17.9 million | $319,816 | Citibank N A |
| 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 | |||
| 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 | ||
| Banco Economias (assistance) | San German | September 2, 1977 | $190.3 million | $170 million |
Other states
- Alabama 39
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- Delaware 4
- District of Columbia 8
- Florida 199
- Georgia 135
- Guam 1
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- Idaho 8
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- Maine 6
- Maryland 36
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- Minnesota 81
- Mississippi 38
- Missouri 136
- Montana 19
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- North Dakota 43
- Ohio 61
- Oklahoma 183
- Oregon 38
- Pennsylvania 73
- Rhode Island 7
- South Carolina 23
- South Dakota 44
- Tennessee 80
- Texas 911
- U.S. Virgin Islands 1
- Utah 30
- Vermont 5
- Virginia 54
- Washington 38
- West Virginia 19
- Wisconsin 51
- Wyoming 29
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.