irst BanCorp operates as the bank holding company for FirstBank Puerto Rico that provides financial services and products for retail, commercial, and institutional clients in Puerto Rico, the United States, and the British Virgin Islands. It offers various deposit products, such as checking and savings accounts, individual retirement accounts, retail certificates of deposit, and interest bearing and non-interest bearing accounts. The company provides commercial real estate and construction, residential real estate, residential mortgage, personal, small, and auto and credit card loans. In addition, it offers cash management, business management, treasury and investments, commercial and corporate banking, mortgage banking, and consumer (retail) banking services. The company, through its subsidiaries, offers vehicle leasing and daily rental, insurance agency, international banking, finance lease, and mortgage loan services. First BanCorp was founded in 1948 and is headquartered in Santurce, Puerto Rico.