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Christian A. Colón Maldonado, a University of Puerto Rico student, receives a $2,500 scholarship from FirstBank as part of the YOU First Scholarship Program.
In-Brief
FirstBank awards $105K in scholarships to university students
NIMB Staff November 21, 2025

The bank expands its YOU First Scholarship Program, exceeding $365,000 in awards since 2021 to support young talent across six universities. #NewsismyBusiness

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From left: Magalys Camacho-La Luz, human resources director at FirstBank and moderator of the panel “Effective Human Resources Management for Nonprofit organizations”; Iraida Beatriz-Meléndez, human resources consultant for small businesses; and attorney Reynaldo A. Quintana-Latorre of Baerga & Quintana.
In-Brief
FirstBank convenes 62 nonprofits to strengthen impact
NIMB Staff November 18, 2025

The Inspira, Actúa, Impacta Summit focused on capacity-building, collaboration and sustainable community development across Puerto Rico. #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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Jealine Rivera-Montalvo, owner of Hipster Lover in Mayagüez, received a $5,000 grant from FirstBank Puerto Rico and the Federal Home Loan Bank of New York to support the growth of her small business.
In-Brief
FirstBank, FHLBNY back 10 women entrepreneurs in PR
NIMB Staff October 21, 2025

The alliance provided $50,000 in grants to help women-led small businesses in Mayagüez expand operations and create jobs. #NewsismyBusiness

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A McDonald’s restaurant in the San Patricio shopping district in Guaynabo, Puerto Rico.
In-Brief
Puerto Rico McDonald’s operator gets $200M credit facility
NIMB Staff October 7, 2025

Arcos Dorados’ deal involves seven banks, including FirstBank. #NewsismyBusiness

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The “Uno en acción” interactive display at the EcoExploratorio: Museo de Ciencias de Puerto Rico.
In-Brief
FirstBank opens ‘Uno en acción’ room at EcoExploratorio
NIMB Staff October 1, 2025

Interactive exhibit combines sustainability, science and financial education for Puerto Rican families. #NewsismyBusiness

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FirstBank’s “Live that feeling” campaign offers personal loans of up to $50,000 with flexible terms and rates starting at 5.99% APR.
In-Brief
FirstBank launches ‘Live that feeling’ with new personal loans
NIMB Staff September 15, 2025

Bank offers up to $50K with rates from 5.99% APR. #NewsismyBusiness

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FirstBank’s recycled debit card meets industry security standards, including Europay, Mastercard and Visa Co. certification for chip and contactless payments.
In-Brief
FirstBank unveils recycled debit card in Puerto Rico
NIMB Staff September 5, 2025

New product reduces plastic waste and supports coastal cleanup. #NewsismyBusiness

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FirstBank’s headquarters in San Juan, Puerto Rico
In-Brief
FirstBank invests $466M to boost inclusion, development
Michelle Kantrow August 22, 2025

Bank allocates funds across Puerto Rico, Florida, U.S. Virgin Islands. #NewsismyBusiness

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FirstBank volunteers plant native trees along Puerto Rico’s northern coast as part of the Rescate Costero (Coastal Rescue) program, which aims to combat coastal erosion and reduce carbon emissions.
In-Brief
FirstBank reports major sustainability gains in 2024 recycling, energy use
NIMB Staff August 13, 2025

Bank’s initiatives cut emissions, conserve resources and restore coastal areas. #NewsismyBusiness

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FirstBank employees take part in the “Da Vida Caminando con Raymond” walk.
In-Brief
FirstBank calls on public to donate in support of Puerto Rico cancer patients
NIMB Staff August 11, 2025

Bank renews sponsorship of “Da Vida Caminando con Raymond” walk benefiting Hospital Oncológico. #NewsismyBusiness

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FirstBank’s headquarters in San Juan, Puerto Rico
In-Brief
First BanCorp named top-performing US bank in its asset class
NIMB Staff August 1, 2025

Ranking highlights financial strength and operational discipline of FirstBank Puerto Rico’s parent company. #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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Puerto Rico's three main banks ranked among the region's Top 10.
Banking, Featured
Puerto Rico banks maintain strong positions in Caribbean rankings
NIMB Staff May 28, 2025

Banco Popular, FirstBank and OFG Bancorp among top 10 in The Banker’s 2025 list. #NewsismyBusiness

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Construction at Valley Village is scheduled for completion by April 2028 and will provide housing for hundreds of families in Santa Isabel, according to government officials.
Featured, General Biz News
FirstBank finances $75M for Valley Village housing project in Santa Isabel
NIMB Staff May 23, 2025

The eco-friendly, 292-unit affordable housing complex receives funding through federal tax credits and CDBG-DR. #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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