Largest Banks in Puerto Rico

The top largest banks in Puerto Rico include Banco Popular de Puerto Rico, FirstBank, Doral Bank, among others.

Banco Popular de Puerto Rico is the largest commercial bank in Puerto Rico and a leader in the deposit and loan markets. It operates through an extensive network of branches and various alternative delivery channels. The bank offers individual and commercial customers a wide array of services and banking products to meet all their needs. It has the largest and most complete distribution network on the island. Banco Popular also has the Popular Mortgage, Popular Auto, Popular Securities and Popular Insurance subsidiaries, which offer specialized products and services.

Chartered in 1948, FirstBank was the first Savings & Loan institution established in Puerto Rico with a capital of $200,000. It offers a full range of financial services to individual, commercial, and corporate customers through its financial facilities in Puerto Rico, the US mainland, and the US and British Virgin Islands. FirstBank Puerto Rico has the following wholly-owned subsidiaries: FirstMortgage (a mortgage origination company); First Leasing & Rental Corp. (a leasing company); FirstBank Puerto Rico Securities (a broker-dealer subsidiary); First Management of Puerto Rico; First Federal Finance Corp. (a small loan company); and First Bank Overseas Corp. (an international banking entity).

Doral Bank is the fastest growing financial services institution in Puerto Rico, offering a robust collection of financial products and services. Doral's personal banking products include Checking Accounts, Saving Accounts, Savings Clubs, Certificates of Deposits, IRA Account.

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