U.S. Markets close in 5 hrs 47 mins

OFG Bancorp Reports Operations Normal


OFG Bancorp (OFG) reported one day after Hurricane Irma struck Puerto Rico that it is up and operating, with corporate offices and all but two of its 48 financial centers open for business as usual.

The bank’s online banking services remained fully operational during the storm and afterwards so that customers could access to their accounts and make transactions through www.orientalbank.com and the mobile apps. In addition, bank customer service phone lines were restored to normal working hours yesterday at noon.

“Puerto Rico was spared the brunt of the storm but there remains widespread disruption from loss of power and debris affecting many roads. Nonetheless, we are pleased to report that our staff, whose safety and well-being along with their families was a principal concern, have responded gallantly. We are well-positioned to provide the high level of service that has become our hallmark and are responding to our customers’ needs. The extensive investments we made in online services also are providing continuity to our normal services,” said José Rafael Fernández, President, Chief Executive Officer, and Vice Chairman of the Board.

About OFG Bancorp

Now in its 53rd year in business, OFG Bancorp is a diversified financial holding company that operates under U.S. and Puerto Rico banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a full range of commercial, consumer and mortgage banking services, as well as financial planning, trust, insurance, investment brokerage and investment banking services, primarily in Puerto Rico, through 48 financial centers. Investor information can be found at www.ofgbancorp.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170908005727/en/