First BanCorp. closes acquisition of Santander BanCorp Puerto Rico
September 2, 2020
Nearly a year after announcing its plans, First BanCorp. announced the completion of its acquisition of Santander BanCorp in Puerto Rico. In connection with the acquisition, Santander BanCorp and Banco Santander will be merged into ...
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PenFed Credit Union opens $1.9M branch in Ponce
September 1, 2020
PenFed Credit Union announced the opening of its new financial center at Plaza Del Caribe Mall in Ponce, after a $1.9 million investment. The new 4,500-square-foot financial center creates 11 jobs in the Ponce community ...
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Aon study reveals property insurance rates remain on the rise
August 20, 2020
A report released by professional services firm Aon plc, confirmed that during the first quarter of this year, the property insurance market reflected a trend of rising rates and more cautious underwriting by most insurers. ...
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