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Banco Crédito y Ahorro Ponceño

1895 establishments in Puerto RicoBanks disestablished in 1978Banks established in 1895Banks of Puerto RicoCompanies based in Ponce, Puerto Rico
Defunct banks of insular areas of the United StatesDefunct companies of Puerto Rico
Banco Crédito y Ahorro Ponceño, Ponce, Puerto Rico
Banco Crédito y Ahorro Ponceño, Ponce, Puerto Rico

Banco Crédito y Ahorro Ponceño (Ponce Credit and Savings Bank) was the first bank in Ponce, Puerto Rico, and one of the first two native Puerto Rican banks to be established in Puerto Rico. The bank was the first one to introduce a bank credit card to the Puerto Rican market. With over 50 branches throughout the island, the bank was one of the largest banking companies in Puerto Rico during most of the twentieth century. Founded in 1895, Banco Crédito built its own first banking structure in 1924 at Calle Marina and Callejón Amor, in Ponce. This first branch office, located in what is today the Ponce Historic Zone, has since been declared historic and was listed in the National Register of Historic Places.The bank collapsed in 1978 and was acquired by the Federal Deposit Insurance Corporation. Its accounts and assets were purchased by Banco Popular de Puerto Rico and Banco Santander.

Excerpt from the Wikipedia article Banco Crédito y Ahorro Ponceño (License: CC BY-SA 3.0, Authors, Images).

Banco Crédito y Ahorro Ponceño
Calle Federico Parra Duperón / Calle Comercio, Ponce Tercero (Tercero)

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N 18.01106 ° E -66.613259833333 °
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Calle Federico Parra Duperón / Calle Comercio 198
00730 Ponce, Tercero (Tercero)
Puerto Rico, United States
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Banco Crédito y Ahorro Ponceño, Ponce, Puerto Rico
Banco Crédito y Ahorro Ponceño, Ponce, Puerto Rico
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Ponce, Puerto Rico
Ponce, Puerto Rico

Ponce (US: , UK: , Spanish pronunciation: [ˈponse] ) is both a city and a municipality on the southern coast of Puerto Rico. The city is the seat of the municipal government. Ponce, Puerto Rico's most populated city outside the San Juan metropolitan area, was founded on August 12, 1692 and is named for Juan Ponce de León y Loayza, the great-grandson of Spanish conquistador Juan Ponce de León. Ponce is often referred to as La Perla del Sur (The Pearl of the South), La Ciudad Señorial (The Manorial City), and La Ciudad de las Quenepas (Genip City). The city serves as the governmental seat of the autonomous municipality as well as the regional hub for various Government of Puerto Rico entities, such as the Judiciary of Puerto Rico. It is also the regional center for various other Government of Puerto Rico and US Federal Government agencies. Ponce is a principal city of both the Ponce Metropolitan Statistical Area and the Ponce-Yauco-Coamo Combined Statistical Area. The Municipality of Ponce, officially the Autonomous Municipality of Ponce, is located in the southern coastal plain region of the island, south of Adjuntas, Utuado, and Jayuya; east of Peñuelas; west of Juana Díaz; and bordered on the south by the Caribbean Sea. The municipality has 31 barrios, including 19 outside the city's urban area and 12 in the urban area of the city. The historic Ponce Pueblo district, located in the downtown area of the city, is shared by several of the downtown barrios, and is located approximately three miles (4.8 km) inland from the shores of the Caribbean. The municipality of Ponce is the second largest in Puerto Rico by land area, and it was the first in Puerto Rico to obtain its autonomy, becoming the Autonomous Municipality of Ponce in 1992.