FirstBank (stylized as 1 FirstBank), is a banking institution in Puerto Rico. The company is headquartered in San Juan, with branches there and in twenty-two other Puerto Rican cities. "1FirstBank Florida" includes branches in Miami, Boca Raton and Ft Lauderdale.[1]
As of 2020, FirstBank had 8 branches in Florida.[2] Aurelio Alemán-Bermudez has served as president of 1 FirstBank since 2009.[3]
In 2020, 1 FirstBank bought Banco Santander Puerto Rico to expand its operations in Puerto Rico.[4][5]
In 2020, 1 FirstBank received an award from the USDA Rural Development program for being a top mortgage lender for people purchasing single family homes in Puerto Rico.[6]
History
First Bank was known until the 1990s as First Federal.[7]
External links
References
- FirstBank - Localizador firstbankpr.com, retrieved 2014-03-12^
- 2019 FORM 10-K SEC.gov, 26 February 2015, retrieved 10 September 2020^
- Aurelio Aleman-Bermudez - President/CEO, First Bancorp/Puerto Rico Bloomberg, retrieved 2020-07-07^
- Santander to sell Puerto Rico unit to FirstBank in $1.1 billion deal Reuters, 21 October 2019, retrieved 8 September 2020^
- First BanCorp. Completes Acquisition of Banco Santander Puerto Rico Business Wire, 1 August 2020, retrieved 8 September 2020^
- USDA Rural Development Puerto Rico Announces Single Family Housing Guaranteed Loan Program Top Lenders Awards Rural Development, 2 July 2020, retrieved 10 September 2020^
- FirstBank Puerto Rico English History First BanCorp. Welcome, 2020-07-07, retrieved 2020-07-07^