FirstBank VI

To Us, Your
Life Comes First

We are your ally, offering you products and services that are tailored to your needs so you may achieve your financial goals.

Our customers
are our reason for existing.

Growing with our customers is our greatest satisfaction, supporting them at every important stage, whether it be purchasing their first home or planning their children's education, a vacation, or their retirement.

We are committed to providing our customers with the best banking experience, offering them innovative solutions to meet their financial needs and help them achieve their personal or business goals.

Aurelio Alemán
President and Chief Executive Officer

We Value Diversity

We embrace diversity as a force for improvement that allows us to better serve the communities in which we do business. Plus, we are proud that our workforce is sustained by diversity.

We encourage participation throughout the year in activities meant to empower and celebrate diversity, such as events for development of women and activities to attract employees of different ages as well as veterans.

At FirstBank, we uphold a vision of inclusion, acceptance, and respect for everyone around us, regardless of age; sex; gender identity; sexual orientation; race; ethnicity or color; national and/or social origin; marital status; social status; disability; political or religious affiliation, beliefs, or ideology; condition as a victim or perceived victim of domestic violence, sexual assault, or harassment; or protected veteran status.

Our Vision

To become a financial institution recognized as the provider of an outstanding customer experience by achieving the highest level of customer satisfaction and loyalty while enhancing shareholder value and supporting the communities we serve.

Our Mission

We partner with our customers to achieve their financial goals through responsive, knowledgeable, and caring employees who are committed to shareholder values and the well-being of our communities.

Our Values

All First BanCorp employees are committed to represent our service values. As team members, our employees are:

Honest
Respectful
Responsible
Collaborative
Agile
Innovative
Committed to quality
Customer focused
Involved in their communities

Our Story

1948
1962
1983
1987
1990
1994
1998
2001
2002
2004
2005
2006
2008
2010
2011
2015
2018
2020
2021

1948
Founding of First Federal Savings and Loans Association, the first savings and loan institution established in Puerto Rico.
1962
First Federal opened its first branch in Saint Thomas, the first savings and loan institution to begin operations in the U.S. Virgin Islands.
1983
The entity evolved and became a commercial bank, changing its name to First Federal Savings Bank.
1987
First Federal became a savings bank and went public, with its stock being quoted at the New York Stock Exchange (NYSE) under the symbol FBP.
1990
The family grew with Money Express.
1994
The entity changed its name to FirstBank Puerto Rico.
1998
The Bank became incorporated as a holding company under the name First BanCorp.
2001
FirstBank Insurance Agency, Inc. began operations.
2002
FirstBank acquired the operations of Chase Manhattan Bank in the U.S. Virgin Islands.
2004
First BanCorp launched a lending office in Miami.
2005
Acquisition of UniBank (Ponce General Corporation) and its subsidiaries in the state of Florida.
2006
FirstBank established its presence in Southern Florida with 10 new branches and changed its name to FirstBank Florida.
2008
The acquisition of the Virgin Islands Community Bank gives FirstBank the greatest number of branches in the Virgin Islands.
2010
We inaugurated the modern FirstBank Service Center, which serves as our Corporation’s local headquarters.
2011
Our institution’s trajectory and reputation achieved an injection of new capital in the amount of 525 million dollars.
2015
Acquisition of 10 branches and more than $500 million in deposits from Doral Bank Puerto Rico.
2018
FirstBank celebrates its 70th anniversary and 25 years in the New York Stock Exchange.
2020
FirstBank acquires the operations of Banco Santander in Puerto Rico, consolidating its leadership position in the financial industry.
2021
The integration of Banco Santander de Puerto Rico to FirstBank was completed.

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Corporate Information

See our financial data and Annual Reports.

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Home

With You from Day One

To Us, Your Life Comes First

We Value Diversity

Our Vision

Our Mission

Our Values

Our Story

1948

1962

1983

1987

1990

1994

1998

2001

2002

2004

2005

2006

2008

2010

2011

2015

2018

2020

2021