This institution is no longer active

Operations ceased on December 31, 2019. CRA examination history below reflects the period it was active.

SCOTIABANK DE PUERTO RICO

SAN JUAN, PR · Supervised by FDIC

Est. 1979FDIC #22,946RSSD: FDIC-22946

Part ofBANK OF NOVA SCOTIA THE→ View all charters

Satisfactory Same

Current rating · Exam: January 2018

CompareWatch

At a Glance

Community Lending (CRA)

Satisfactory

Meets federal requirements for community lending

Financial Health

Strong

ROA 1.80%

Is this bank safe?

SCOTIABANK DE PUERTO RICO holds a Satisfactory CRA rating (2018), is financially strong (ROA +1.80%). Overall, this bank appears financially sound.

Institution Profile

FDIC BankFind

Address

290 Jesus T. Pinero Avenue, SAN JUAN, PR

County

San Juan County

Established

September 7, 1979

Total Assets

$3.5B(latest call report)

Community Reinvestment Rating

CRA / FFIEC

Federal regulators examine banks to ensure they lend and invest in the communities they serve, especially low- and moderate-income areas.

Overall Rating

Satisfactory

Meets federal requirements for community lending

Exam Date

January 1, 2018

Exam Type

Large Bank

Regulator

FDIC

What is a CRA rating? →

⚠️This exam is 8 years old — CRA data may not reflect current lending practices. Regulators typically re-examine banks every 2–4 years.

Estimated next exam:Overdue(based on asset size)

Financial Snapshot

As of Q3 2019Call Report / FDIC

Total Assets

$3.5B

Total Deposits

$2.7B

Net Loans

$2.0B

Net Income

$51M

ROA

1.80%

Above avg for Community banks. Peer avg: 0.90%

ROE

8.02%

Risk-Based Capital

41.20%

Above avg for Community banks. Regulatory min: 8%

Total Assets — Last 8 Quarters

Total AssetsROA

Peer Comparison

Community banks

Compared to the peer-bank Community peer group (same asset tier).

ROA1.80%Peer avg: 0.90%▲ Above avg

Risk-Based Capital41.20%Peer avg: 12.91%▲ Above avg

Mortgage Denial Rate24.84%Peer avg: 10.20%▲ More than avg

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Mortgage Lending

CFPB HMDA

Year	Applications	Orig. Rate	Denial Rate
2019	1,977	49.87%	24.84%
2018	1,812	48.62%	27.04%

Denial rate = denials ÷ total applications. 2024 national avg: 23.75% · Community bank avg: 10.20% · above-average shown in red

Rating History

CRA / FFIEC

Exam Date	Rating	Exam Type
Jan 2018	Satisfactory	Large Bank
Oct 2014	Satisfactory	Large Bank
Aug 2011	Satisfactory	Large Bank

7 previous ratings locked — back to 1992

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Rating Over Time

🔒 Locked

OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance

Exam dates and details are paywalled

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