FirstBank (stylized as 1 FirstBank), is a banking institution in
Puerto Rico
Puerto Rico (; abbreviated PR; tnq, Boriken, ''Borinquen''), officially the Commonwealth of Puerto Rico ( es, link=yes, Estado Libre Asociado de Puerto Rico, lit=Free Associated State of Puerto Rico), is a Caribbean island and Unincorporated ...
. The company is headquartered in
San Juan San Juan, Spanish for Saint John, may refer to:
Places Argentina
* San Juan Province, Argentina
* San Juan, Argentina, the capital of that province
* San Juan, Salta, a village in Iruya, Salta Province
* San Juan (Buenos Aires Underground), ...
, with branches there and in twenty-two other Puerto Rican cities. "1FirstBank Florida" includes branches in
Miami
Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a East Coast of the United States, coastal metropolis and the County seat, county seat of Miami-Dade County, Florida, Miami-Dade C ...
,
Boca Raton
Boca Raton ( ; es, Boca Ratón, link=no, ) is a city in Palm Beach County, Florida, United States. It was first incorporated on August 2, 1924, as "Bocaratone," and then incorporated as "Boca Raton" in 1925. The population was 97,422 in the ...
and
Ft Lauderdale.
As of 2020, FirstBank had 8 branches in Florida.
Aurelio Alemán-Bermudez has served as president of 1 FirstBank since 2009.
In 2020, 1 FirstBank bought Banco Santander Puerto Rico to expand its operations in Puerto Rico.
In 2020, 1 FirstBank received an award from the
USDA Rural Development
USDA Rural Development (RD) is a mission area within the United States Department of Agriculture which runs programs intended to improve the economy and quality of life in rural parts of the United States.
Rural Development has a loan portfolio o ...
program for being a top mortgage lender for people purchasing single family homes in Puerto Rico.
History
First Bank was known until the 1990s as First Federal.
References
External links
*
FirstBank archived annual reports
FirstBank Florida site
Companies based in San Juan, Puerto Rico
Banks of Puerto Rico
{{Puerto Rico stub