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Oriental Bank, History

The following are major historical events for Oriental Bank, including mergers and acquisitions.

1965-03-25Institution established: Original name:Oriental Federal Savings Bank
1987-07-31Changed organization type to STOCK SAVINGS BANK
1991-03-08Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1994-01-22Change trust powers from FULL TRUST POWERS GRANTED to LIMITED TRUST POWERS GRANTED
1994-06-30Moved bank headquarters from HUMACAO, PR to HATO REY, PR
1994-07-01Changed organization type to COMMERCIAL BANK
1994-07-01Changed name to Oriental Bank and Trust
1994-07-01Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1997-01-24Reorganized.
2004-04-01Moved bank headquarters from HATO REY, PR to SAN JUAN, PR
2010-04-30Acquired Eurobank (27150) in SAN JUAN, PR as part of a government assisted transaction.
2012-12-18Acquired Banco Bilbao Vizcaya Argentaria Puerto Rico (19919) in SAN JUAN, PR
2013-03-07Changed name to Oriental Bank
2019-12-31Acquired Scotiabank de Puerto Rico (22946) in SAN JUAN, PR