# BANCO DE AHORRO, F.S.B.

> **Failed bank** · MAYAGUEZ, PR · failed 1986-05-30 · Savings bank · FDIC cost $7M

## What happened

BANCO DE AHORRO, F.S.B. of MAYAGUEZ, PR was closed by state regulators on **1986-05-30**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **BANCO POPULAR DE PUERTO** (SAN JUAN, PR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1204
- **FDIC Certificate:** 22456
- **FDIC FIN:** 2564
- **Bank name:** BANCO DE AHORRO, F.S.B.
- **Location:** MAYAGUEZ, PR
- **Failure date:** 1986-05-30
- **FDIC resolution date:** 1986-05-30
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $30M
- **Assets at failure:** $34M
- **Acquiring bank:** BANCO POPULAR DE PUERTO (SAN JUAN, PR)

## Other banks BANCO POPULAR DE PUERTO has acquired in FDIC resolutions

- WASHINGTON NAT BK OF CHICAGO (CHICAGO, IL) — failed 1984-05-18 — /failed-bank/882
- UNION TRUST COMPANY (SAN JUAN, PR) — failed 1983-12-09 — /failed-bank/838

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BANCO%20DE%20AHORRO%2C%20F.S.B.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BANCO DE AHORRO, F.S.B. (FDIC ID 1204), failed 1986-05-30. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/1204.

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