# R-G PREMIER BANK OF PUERTO RICO

> **Failed bank** · HATO REY, PR · failed 2010-04-30 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $979M

## What happened

R-G PREMIER BANK OF PUERTO RICO of HATO REY, 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 **SCOTIABANK DE PUERTO RICO** (SAN JUAN, PR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3796
- **FDIC Certificate:** 32185
- **FDIC FIN:** 10230
- **Bank name:** R-G PREMIER BANK OF PUERTO RICO
- **Location:** HATO REY, 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:** $979M
- **Deposits at failure:** $4,220M
- **Assets at failure:** $5,681M
- **Acquiring bank:** SCOTIABANK DE PUERTO RICO (SAN JUAN, PR)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=R-G%20PREMIER%20BANK%20OF%20PUERTO%20RICO

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, R-G PREMIER BANK OF PUERTO RICO (FDIC ID 3796), failed 2010-04-30. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/3796.

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