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My Business Reads
Money’s wild ride, from bartering to bitcoin and beyond
Terri Schlichenmeyer November 17, 2025

David McWilliams’ new book unpacks how money shaped humanity. #NewsismyBusiness

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Oriental’s new Smart Stop at Liberty Square in San Patricio Plaza offers extended hours and video teller access.
In-Brief
Oriental debuts Smart Stop banking hub in San Patricio
NIMB Staff November 14, 2025

New space expands digital access with video tellers, self-service tools and extended hours. #NewsismyBusiness

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In-Brief
From financing to strategic partner: Redefining the relationship between banks and businesses
Contributor October 27, 2025

Customized financing, digital banking, and consulting represent the new formula to business success. #NewsismyBusiness

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FirstBank’s headquarters in San Juan, Puerto Rico
Banking, Featured
First BanCorp posts $100.5M profit, record loan growth
NIMB Staff October 24, 2025

Puerto Rico bank surpasses $13B loan portfolio, boosts capital returns and share buybacks amid steady market conditions. #NewsismyBusiness

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Banco Popular’s headquarters in Hato Rey, San Juan.
Banking, Featured
Popular earns $211M, sees growth in auto leasing, loans
NIMB Staff October 24, 2025

Popular grows earnings and loans in Puerto Rico, ready to assist federal workers if needed. #NewsismyBusiness

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Oriental CEO José Rafael Fernández
Banking, Featured
OFG Bancorp posts solid Q3 gains, boosts AI strategy
NIMB Staff October 23, 2025

Oriental Bank parent reports higher revenue, stable credit quality and plans expansion of AI tools for business clients. #NewsismyBusiness

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Oriental Bank launched new services for small businesses, including 24/7 support, simplified cash management packages and fraud protection tools.
In-Brief
Oriental debuts new SME banking platform and services
NIMB Staff October 2, 2025

Bank introduces simplified Oriental Cash Management plans and fraud protection tools for business clients. #NewsismyBusiness

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Banesco’s headquarters in San Juan, Puerto Rico
In-Brief
Banesco USA surpasses $5B in assets, $1B deposits in Puerto Rico
NIMB Staff September 9, 2025

Bank posts 34% income growth as Puerto Rico deposits surge. #NewsismyBusiness

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Banco Popular’s headquarters in Hato Rey.
In-Brief
Popular debuts digital platform for personal loan offers
NIMB Staff September 3, 2025

New tool lets customers apply online without affecting credit scores. #NewsismyBusiness

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Interns were placed in five strategic areas aligned with their academic interests and career goals.
In-Brief
Popular hires half of interns from revamped summer program
NIMB Staff September 2, 2025

Bank’s initiative draws 538 applicants and selects 46 top students. #NewsismyBusiness

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PenFed announced the addition of mobile cash deposits at Walgreens stores in Puerto Rico through its partnership with InComm Payments.
In-Brief
PenFed adds mobile cash deposit option in Puerto Rico
NIMB Staff August 21, 2025

Credit union partners with InComm Payments to expand access. #NewsismyBusiness

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FirstBank’s Isla Verde branch.
Banking, Featured
First BanCorp. posts $80M Q2 earnings on loan growth, cost controls
NIMB Staff July 23, 2025

Puerto Rico and Florida markets fuel loan production; bank returns 107% of earnings to shareholders. #NewsismyBusiness

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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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From left: Puerto Rico Economic Development Bank President Carmen A. Vega-Fournier and Zoimé Álvarez-Rubio, executive vice president of the Puerto Rico Bankers Association, testify on House Bill 701.
Featured, Government
Economic Development Bank backs expanding consumer lending powers
NIMB Staff June 18, 2025

BDE president defends proposal as bankers warn it risks straying from mission. #NewsismyBusiness

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Maritza Abadía, president of Banesco USA Puerto Rico, was recognized with the Banker of the Year Zenit Award by the Puerto Rico Chamber of Commerce.
In-Brief
Banesco’s Maritza Abadía honored with Zenit Banker of the Year award
NIMB Staff June 17, 2025

Banesco president recognized for her leadership and impact on Puerto Rico’s economy. #NewsismyBusiness

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QUOTE OF THE WEEK:

“We’ve seen an increase in bankruptcy filings, which leads us to conclude that many consumers haven’t been able to cope with credit card debt that piled up from last year’s holiday season.

 

We expect that the number of bankruptcies in 2026 will either surpass or remain similar to this year’s figures because of the ongoing economic crisis.”

 

— Yesenia Otero, client services manager,  Consumer

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