April 30, 2010
Federal Reserve Board approves Banco Popular de Puerto Rico to acquire assets and assume liabilities of Westernbank Puerto Rico
For immediate release
The Federal Reserve Board on Friday announced its approval of the application by Banco Popular de Puerto Rico, Hato Rey, to acquire assets and assume liabilities of Westernbank Puerto Rico, Mayagüez, both of Puerto Rico, pursuant to the emergency provisions of the Bank Merger Act.
Attached is the Board's Order relating to this action.