Bank Branches › Closed and merged banks › Puerto Rico › Caribbean Federal Savings Bank of PR
What happened to Caribbean Federal Savings Bank of PR?
Caribbean Federal Savings Bank of PR in Carolina, PR (earlier called Carribbean Federal Savings and Loan Association of Puerto Rico) merged into R & G Federal Savings Bank of Hato Rey, PR on Jun 30, 1993. After 2 more changes of hands, what was Caribbean Federal Savings Bank of PR is today part of Oriental Bank (San Juan, PR).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1973Carribbean Federal Savings and Loan Association of Puerto Rico opens in Carolina, PR
- May 31, 1984renamed Caribbean Federal Savings Bank of PR
- Jun 30, 1993MERGEDCaribbean Federal Savings Bank of PR merged into R & G Federal Savings Bank of Hato Rey, PR.FDIC certificate 31690 ends; its business continues under certificate 32185.
- Apr 30, 2010FAILEDR & G Federal Savings Bank (by then renamed R-G Premier Bank of Puerto Rico) of Hato Rey, PR failed, and Scotiabank de Puerto Rico of San Juan, PR took it over.FDIC certificate 32185 ends; its business continues under certificate 22946.
- Dec 31, 2019MERGEDScotiabank de Puerto Rico of San Juan, PR merged into Oriental Bank of San Juan, PR.FDIC certificate 22946 ends; its business continues under certificate 31469.
- TodayOPEN
Oriental BankMain office San Juan, PR · FDIC certificate 31469 · 45 offices in 2 states on June 30, 2026Every Oriental Bank office → Website on file with the FDIC: www.orientalbank.com
If you still have something from Caribbean Federal Savings Bank of PR
A lien that was never released
R-G Premier Bank of Puerto Rico failed on Apr 30, 2010. For a failed bank placed in FDIC receivership, the FDIC may be able to issue the lien release, if the loan was paid off to the bank before it failed or to the FDIC afterward. The FDIC says that where a failed bank had an acquirer, its records in most cases went to that acquirer. Here the chain from the acquirer leads to Oriental Bank, which is worth asking too.
Requests go through the FDIC Information and Support Center with the recorded mortgage or title, and proof of payoff. The FDIC says to allow 30 business days once it has every document, and does not take requests by phone or email. Questions: FDIC Resolution Inquiries, 888-206-4662, 8am–4pm Central on weekdays.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Scotiabank de Puerto Rico). Start with Oriental Bank, and ask them to search under the name Caribbean Federal Savings Bank of PR.
For failures since mid-1993 the law sets a clock: insured deposits not claimed within 18 months of the FDIC starting to pay depositors are offered to the state of the depositor's last known address on the bank's records. If the state takes them, the owner has 10 years to claim there before the money returns to the FDIC. Check FDIC unclaimed funds search and that state's unclaimed-property program.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask Oriental Bank. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 31690 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.