First BanCorp. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.

Banking

First Bancorp

This department manages employee relations, recruitment, and organizational development.

Human Resources

This department oversees the management of operational processes and financial strategies within the organization.

Operations and Finance

This department focuses on managing and analyzing various banking products and relationships for commercial and corporate clients.

Banking Services

This department focuses on fostering and managing relationships with key business stakeholders to enhance collaboration and drive organizational success.

Business Relationship Management

This department focuses on providing financial services and solutions to corporations and commercial clients.

Corporate Banking

This department manages all aspects of loan servicing, from overseeing loan processing to ensuring compliance and customer support.

People (2)

Jobs (0)

Other teams

Operations and Finance

Banking Services

Business Relationship Management

Corporate Banking

Loan Services