Bank failure · PR
Eurobank (San Juan, PR) — failed April 30, 2010
Eurobank of San Juan, Puerto Rico was closed on April 30, 2010 and resolved through a purchase and assumption. Oriental Bank and Trust (PR) took over its insured deposits. At failure it held $2.5B in assets and $1.9B in deposits. The FDIC's estimated loss on the failure is $539.1M (22.0% of assets).
- Closing date
- April 30, 2010
- FDIC certificate #
- 27150
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Oriental Bank and Trust
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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