# WESTERNBANK PUERTO RICO

> **Failed bank** · MAYAGUEZ, PR · failed 2010-04-30 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2,174M

## What happened

WESTERNBANK PUERTO RICO of MAYAGUEZ, PR was closed by regulators on **2010-04-30**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 3795
- **FDIC Certificate:** 31027
- **FDIC FIN:** 10231
- **Bank name:** WESTERNBANK PUERTO RICO
- **Location:** MAYAGUEZ, PR
- **Failure date:** 2010-04-30
- **FDIC resolution date:** 2010-04-30
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2,174M
- **Deposits at failure:** $8,420M
- **Assets at failure:** $10,797M
- **Acquiring bank:** BANCO POPULAR DE PUERTO RICO (SAN JUAN, PR)

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

- DORAL BANK (SAN JUAN, PR) — failed 2015-02-27 — /failed-bank/4079

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=WESTERNBANK%20PUERTO%20RICO

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WESTERNBANK PUERTO RICO (FDIC ID 3795), failed 2010-04-30. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/3795.

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