Looking for FDIC protected bank in PR

Member since 14 January 2018

Shantinath1000Member18 February 2019 15:39:25

Hello all, I am looking for a bank that offers FDIC protection for deposits. I know that not all PR banks do and hoped for recommendations.
thanks,
Shantinath1000

Sitka Serial expat

Member since 07 October 2015

SitkaSerial expat18 February 2019 20:09:53

953

Hmmm... I use Banko Popular, but now realize that I didn鈥檛 ckeck to see if it is FDIC.

I believe that the credit unions are not insured.

Think I鈥檒l check on this. 馃

Sitka Serial expat

Member since 07 October 2015

SitkaSerial expat18 February 2019 20:17:49

953

Ok. Just checked, banko popular is insured.

My guess is that all banks are covered.聽 CU maybe not.

GuestPoster550 Guest

GuestPoster550Guest18 February 2019 22:09:43

All credit unions are probably covered by NCUSIF, just as in the states.

BrianTX Active member

Member since 04 April 2016

BrianTXActive member04 March 2019 19:48:29

Found this on Reuters:

The 5 FDIC insured PR banks are:

Banco Popular de Puerto Rico
Banco Santander Puerto Rico
First Bank Puerto Rico
Oriental Bank
Scotiabank de Puerto Rico

Brian