R&G Financial Corporation - RGFC- Profile

R&G Financial Corporation. The Group's principal activities are to provide banking services through its subsidiaries. Its services include residential, commercial and personal loans and a wide range of deposit products. The Group also provides private banking, trust and other financial services to its customers. Banking activities include commercial banking services, corporate and construction lending, consumer lending and credit cards. Mortgage banking activities include the origination, purchase, sale and servicing of mortgage loans on single-family residences. The Group offers trust and investment services through its private banking department and its broker-dealer. It also acts as insurance agent for certain types of credit-related insurance. At 31-Dec-2004, the Group operated 48 branch offices in Puerto Rico and Florida. On 18-Feb-2005, the Group acquired 18 branches from Wachovia Bank N.A. Provides banking services, private banking, trust and other financial services to its customers