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PenFed Credit Union has opened a new branch in Humacao, bringing its total to six financial centers in Puerto Rico and creating 17 jobs. (Credit: PenFed)
In-Brief
PenFed opens Humacao branch, expands investment in Puerto Rico
NIMB Staff July 10, 2025

New financial center brings 17 jobs and boosts island-wide service network. #NewsismyBusiness

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In-Brief
Oriental introduces next-generation ATMs in PR
Contributor November 18, 2017

Oriental announced it has begun to introduce a next generation of ATMs incorporating two-way, real-time audio-video communication with live tellers.

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In-Brief
73% of PR banks open 5 weeks after María’s devastation
Michelle Kantrow-Vázquez October 26, 2017

Five weeks after Hurricane María pummeled Puerto Rico, about 72.6 percent of local bank branches, or 228, have resumed operations, according to data from the Office of the Financial Institutions Commissioner.

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QUOTE OF THE WEEK:

“In today’s environment of heightened uncertainty, consumers are encouraged to prioritize financial prudence, disciplined expense control and effective budgeting to mitigate further stress on their finances.

 

A ‘wait-and-see’ approach may serve the Fed, but not consumers.”

 

— Leslie Adames, director of analysis and economic policy, Estudios Técnicos

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