W Holding Co. Inc.
19 West Mckinley Street
Mayaguez,
PR 00681
Phone: 787-834-8000
Fax: 787-831-5958
Web Site: http://www.wholding.com
| REUTERS ABRIDGED BUSINESS SUMMARY | |
| W Holding Company, Inc. operates as the holding company for Westernbank Puerto Rico, which offers business and consumer financial services in Puerto Rico, the United States. It primarily engages in generating deposits and originating loans. The companys deposit products include savings deposits, time deposits, brokered deposits, individual retirement account deposits, and interest and non-interest bearing demand deposits. Its loan portfolio comprises commercial real estate mortgage, residential mortgage, construction, and consumer loans, as well as commercial, industrial, and agricultural loans. W Holding Company, Inc. also offers investment, trust services, securities brokerage, and treasury services. In addition, the company operates as a general insurance agent, providing property, casualty, life, and disability insurance. As of December 31, 2008, it operated 48 bank branches, including 25 in the western and southwestern regions, 14 in the San Juan metropolitan area, 7 in the northeastern region, and 2 in the eastern region in Puerto Rico. It also offers its services through online. The company was founded in 1958 and is based in Mayaguez, Puerto Rico. |
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| Key Statistics | More from Reuters
Expanded Business Description |
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| REUTERS ABRIDGED FINANCIAL SUMMARY | |
| | Pay | Exercised | Mr. Frank C. Stipes Esq., 54
Chairman, Chief Exec. Officer, Pres, Member of Compliance & Risk Management Committee, Member of Sr. Credit Committee, Member of Investment Committee, Member of Exec. Committee and Chairman of WesternBank Puerto Rico |
$
580.00K |
$
0 | Mr. Juan C. Frontera , 77
Sec., Director, Member of Audit Committee, Member of Compensation Committee, Member of Nominating & Corp. Governance Committee, Member of Exec. Committee, Member of Sr. Credit Committee, Member of Investment Committee of WesternBank Puerto Rico |
$
60.00K | N/A | Mr. Carlos Davila , 47
Chief Operating Officer, Member of Compliance & Risk Management Committee, Chief Retail Officer of Westernbank and Exec. VP of Westernbank |
$
536.00K |
$
0 | Mr. Andrés Morgado CPA, 51
Pres of Westernbank Trust Division |
$
405.00K |
$
0 | Mr. William Vidal Esq., 56
First VP of Commercial Credit, Member of Sr. Credit Committee and Chief Lending Officer of Northeastern Region for Westernbank Puerto Rico |
$
497.00K |
$
0 |
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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