Union Trust Company was a state nonmember bank in San Juan, PR. It failed on Dec 9, 1983, and Banco Popular De Puerto took over its deposits. At its last report it held $30.6 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- Dec 9, 1983
- Assets
- $30.6M
- Deposits
- $25.7M
- Estimated cost
- $9.2M
- Deposits went to
- Banco Popular De Puerto, San Juan, PR
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- 250 Tanca Street, San Juan, PR, 00901
- County
- San Juan
- Established
- Feb 11, 1982
- Failed
- Dec 9, 1983
- Id
- b23674
Questions and answers
When did Union Trust Company fail?
Dec 9, 1983. Banco Popular De Puerto of San Juan, PR took over its deposits. The estimated cost of the failure was $9.24 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.