June 30, 2008 – FirstBank announces the relocation of its existing Red Hook branch from American Yacht Harbor to the East End Plaza. The larger, state-of-the-art branch is conveniently located across from the ferry terminal and features extended service hours, enhanced services and access to the largest ATM network. FirstBank will continue providing the Red Hook and the East End St. Thomas communities with convenient and efficient financial services.
The new East End Plaza facility provides an ATM, a night depository outlet, an express deposit machine, and additional service representatives and banking consultants. The branch exhibits FirstBank's signature design of glass, contemporary furnishings and fixtures, and its characteristic green.
A grand opening ceremony will be held at the branch on July 15.
About First BanCorp
First BanCorp is the parent corporation of FirstBank Puerto Rico, a state-chartered commercial bank with operations in Puerto Rico, the Virgin Islands and Florida; of FirstBank Insurance Agency; and of Ponce General Corporation. First BanCorp, FirstBank Puerto Rico and FirstBank Florida, the thrift subsidiary of Ponce General, all operate within U.S. banking laws and regulations. The corporation operates a total of 171 financial services facilities throughout Puerto Rico, the U.S., and the British Virgin Islands and Florida. Among the subsidiaries of FirstBank Puerto Rico are Money Express, a finance company; First Leasing and Car Rental, a car and truck rental leasing company; and FirstMortgage, a mortgage origination company. In the U.S.V.I., FirstBank operates First Insurance VI, an insurance agency, and First Express, a small loan company. First BanCorp's common and preferred shares trade on the New York Stock Exchange under the symbols FBP, FBPPrA, FBPPrB, FBPPrC, FBPPrD and FBPPrE.