First Bancorp. Appoints Patricia M. Eaves as Director, Member of Compensation and Benefits Committee and the Governance and Nominating Committee
April 01, 2021 at 04:01 pm EDT
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On March 31, 2021, the Board of Directors of First BanCorp elected Mrs. Patricia M. Eaves to serve as a director on the Corporation's and Bank's Board of Directors, effective March 31, 2021. The Board, effective May 21, 2021, appointed Mrs. Eaves as a member of the Corporation's Compensation and Benefits Committee and the Governance and Nominating Committee.
First BanCorp. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.