12 failures since 1934 · $4.7 billion estimated loss
Bank failures in Puerto Rico
Puerto Rico has 12 bank failures on FDIC record since 1934, 0.3% of the national total and the 44th-highest count of any state or territory. The worst year was 2010, with 3. Since 2000 there have been 4; the most recent was Doral Bank on February 27, 2015. The largest by assets was Westernbank Puerto Rico of Mayaguez, with $10.8 billion, in 2010.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| February 27, 2015 | Doral Bank | San Juan, PR | $5.9 billion | $689 million |
| April 30, 2010 | Eurobank | San Juan, PR | $2.5 billion | $539 million |
| April 30, 2010 | R-G Premier Bank of Puerto Rico | Hato Rey, PR | $5.7 billion | $978 million |
| April 30, 2010 | Westernbank Puerto Rico | Mayaguez, PR | $10.8 billion | $2.2 billion |
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| January 24, 1992 | Banco Nacional, National Association | San Juan, PR | $52.1 million | $8.0 million |
| May 25, 1990 | Caguas Federal Savings and Loan Association of Puerto Rico | Caguas, PR | $1.6 billion | $231 million |
| May 30, 1986 | Banco de Ahorro, F.S.B. | Mayaguez, PR | $34.0 million | $7.0 million |
| August 16, 1984 | Girod Trust Company | San Juan, PR | $406 million | $86.3 million |
| December 9, 1983 | Union Trust Company | San Juan, PR | $30.6 million | $9.2 million |
| June 12, 1982 | Banco Regional | Bayamon, PR | $21.4 million | $320 thousand |
| September 5, 1978 | Banco de Ahorro de Puerto Rico | San Juan, PR | $9.4 million | not estimated |
| March 31, 1978 | Banco Credito y Ahorro Ponceno | Ponce, PR | $713 million | not estimated |