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254 Munoz Rivera Avenue
San Juan, PR 00926

Oriental Bank and Trust is a Puerto Rico-based bank that is a subsidiary of OFG Bancorp, a publicly traded bank holding company listed on the New York Stock Exchange (Symbol:OFG). Though the bank’s only branches are located in Puerto Rico, United States residents are free to open accounts via the online banking channel. Oriental is regulated by the FDIC and thus abides by both U.S. and Puerto Rico laws and statutes.

Oriental Bank and Trust offers personal and business banking products, as well as investment management services through bank advisors. Checking accounts offered on the personal banking side all include a debit card, direct deposit capabilities, and access to online banking. Also on its personal banking side are savings and Certificate of Deposit (CD) accounts that offer various features and interest rates to account holders. A children’s savings and a teen savings account are both available with no service charges as long as a very small amount is kept in the account. Oriental’s CDs range in term lengths from 1 month to 5 years and offer a fixed interest rate. On the business banking side, Oriental offers cash management services, lines of credit, and point of sale systems to help businesses achieve growth and operational stability.

Oriental Bank and Trust online banking provides a web-based platform for consumers to verify account balances, review transactions, view check images, make electronic fund transfers, and pay bills. The Oriental website is set up for mobile banking, as well, giving customers a convenient way to bank on the go from their smartphones or tablets. The website also includes educational resources for consumers of all ages to help with product definition and financial guidance.

Oriental was originally established in 1965 as the Oriental Federal Savings Bank and changed its organization type with the FDIC to commercial bank. It is headquartered in San Juan, Puerto Rico and recently changed its name to Oriental Bank. It serves its customers through multiple branches located across the island commonwealth.

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Reviews (1)

2.02% Rate

Having just contacted the bank, the rate is now 2.0% and will be 1.75% next month. The rates can change every 2 weeks. Their web site does not disclose their rates.


Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Oriental Bank had $418.84 million in non-current loans and owned real-estate with $1.03 billion in equity and loan loss allowances on hand to cover it. This gives Oriental Bank a Texas Ratio of 40.86% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Oriental Bank decreased slightly from 48.25% as of June 30, 2013 to 40.86% as of June 30, 2014, resulting in a positive change of 15.32%.This indicates that the balance sheet and financial strength for Oriental Bank has improved slightly in recent periods.

Deposit Growth


In the past year, Oriental Bank has decreased its total deposits by -$533.72 million, resulting in -9.4% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Oriental Bank has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Oriental Bank has $7.65 billion in assets with $1.03 billion in equity, resulting in a capitalization level of 13.40%, which is excellent.

Institution Statistics

FDIC Certificate #31469
Year Established1965
Primary RegulatorFDIC
Assets and Liabilities
Assets$7.65 billion
Loans$4.94 billion
Deposits$5.15 billion
Equity Capital$905.23 million
Loan Loss Allowance$119.88 million
Unbacked Noncurrent Loans$363.22 million
Real Estate Owned$55.63 million
Historic Data - June 2013
Assets$8.38 billion
Equity Capital$840.97 million
Loan Loss Allowance$100.62 million
Unbacked Noncurrent Loans$363.22 million
Real Estate Owned$56.50 million
Profit Margin - Quarterly
Return on Assets1.14%
Return on Equity10.03%
Interest Income$249.62 million

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Oriental Bank has 58 locations. Click to view all Oriental Bank locations.