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Santander Federal conversion near approval. (Santander Federal Savings Bank) (Banking/Finance)
Santander federal conversion near approval
Federal regulatory approval of the conversion of Santander Federal Savings Bank into a national bank should come within the next two weeks, according to sources in Hato Rey's financial district.
The Office of Thrift Supervision (OTS) and the Office of the Comptroller of the Currency (OCC), the two federal regulatory agencies that must rule on the conversion, are expected to soon reach a final decision. It is unclear whether the Federal Reserve Board will also have to issue a decision thereafter.
Santander Federal applied for national bank conversion last March, the first of what is expected to be several …
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- Santander Federal conversion seen next week. (Santander Federal Savings Bank)
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Magazine article from: Caribbean Business
Diaz, Alexander F.
January 23, 1992
700+ words
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- OCC approves Santander Federal conversion. (Office of the Comptroller of the...
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Magazine article from: Caribbean Business
Diaz, Alexander F.
June 20, 1991
700+ words
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- Santander Fed conversion still on hold. (Santander Federal Savings Bank)
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Magazine article from: Caribbean Business
Diaz, Alexander F.
September 5, 1991
700+ words
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- OTS approves Santander Federal conversion. (United States Office of Thrift...
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Magazine article from: Caribbean Business
Diaz, Alexander F.
February 14, 1991
700+ words
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- Two Puerto Rico banks open new branches. (Santander Federal Savings Bank;...
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Magazine article from: Caribbean Business
September 26, 1991
700+ words
