Finance Atlas

Banking & Mortgage-Lending Access in Puerto Rico

40 FDIC-insured institutions (5 currently active) are recorded in Puerto Rico in FDIC BankFind. HMDA 2024 data report an overall mortgage application denial rate of 21.1% in Puerto Rico.

FDIC data as of 2026 · HMDA data year 2024 · Last export: June 20, 2026

40
FDIC institutions (total)
5
Currently active
21.1%
Overall denial rate (HMDA 2024)
12,640
Loans originated (2024)
This page is a reference catalog of provenanced public data. It informs and compares; it does not recommend lenders and gives no financial advice. HMDA denial-rate figures are reported statistics and do not establish why rates differ across applicant groups. To verify a lender's FDIC status, use FDIC BankFind. To file a complaint, visit the CFPB. To find a HUD-approved housing counselor: HUD.gov.

How many FDIC-insured institutions are in Puerto Rico?

FDIC BankFind records 40 FDIC-insured institutions (all historical) in Puerto Rico, of which 5 are currently active. Counts include banks, savings banks, and other insured depository institutions across all charter classes.

Metric Count
Total FDIC-insured institutions (historical) 40
Currently active 5

Source: FDIC BankFind (src:fdic:bankfind:2026). Verify: https://banks.data.fdic.gov/

What types of banks are chartered in Puerto Rico?

FDIC uses charter class codes to categorize insured depository institutions. The breakdown for Puerto Rico:

Charter class Description Count
NM State non-member bank (Fed non-member) 23
SB Savings bank (state-chartered) 5
SM State member bank (Fed member) 3
NC Non-deposit trust company 3
SL Savings institution (state-chartered S&L) 3
N National bank (OCC-chartered) 2
SI Savings institution (OTS-supervised) 1

Source: FDIC BankFind (src:fdic:bankfind:2026). Charter class labels per FDIC BankFind official definitions.

What was the mortgage application denial rate in Puerto Rico? (HMDA 2024)

HMDA 2024 data report an overall mortgage application denial rate of 21.1% in Puerto Rico. The table below shows reported denial rates by applicant race where available in the HMDA dataset.

Methodology note: HMDA captures race where the applicant chose to report it. Denial rates reflect all recorded denial reasons (credit history, DTI, collateral, etc.) and do not establish why rates differ across groups. These figures are descriptive FFIEC statistics, not findings of lending discrimination.
Applicant group (reported) Denial rate
Overall 21.1%
White applicants 21.5%
Black applicants 14.4%
Black/White denial rate ratio 0.67x

Source: FFIEC HMDA (src:ffiec:hmda:2024). Verify: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=PR

Mortgage origination volume in Puerto Rico (2024)

HMDA 2024 data record 12,640 originated mortgage loans in Puerto Rico , totaling $2.4B , with an average loan size of $188,081.

Metric Value
Originated loans (2024) 12,640
Total origination volume $2.4B
Average loan size $188,081

Source: FFIEC HMDA (src:ffiec:hmda:2024).

Sources & provenance

FDIC data — source id src:fdic:bankfind:2026, as of 2026. Verify via FDIC BankFind: https://banks.data.fdic.gov/

HMDA data — source id src:ffiec:hmda:2024, data year 2024. Verify via FFIEC Data Browser: https://ffiec.cfpb.gov/data-browser/data/2024?category=states&items=PR

Data exported June 20, 2026 · content hash a20ef9107ffaf00c · machine-readable brief: /finance/states/pr/context.md

Where to act