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
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
Hmmm... I use Banko Popular, but now realize that I didn't ckeck to see if it is FDIC.
I believe that the credit unions are not insured.
Think I'll check on this. 🧐
Ok. Just checked, banko popular is insured.
My guess is that all banks are covered. CU maybe not.
All credit unions are probably covered by NCUSIF, just as in the states.
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