Cooperativa de Ahorro y Credito de Rincon in Rincon, Aguadilla-Isabela-San Sebastian, Puerto Rico | Banking and Finance

Welcome to the Cooperativa de Ahorro y Credito de Rincon, Rincon, Puerto Rico. In the 1950's, specifically during the first months of 1955, the Cooperativa de Ahorro y Credito de Rincon began to take form. Its first organizational meeting was celebrated on February 25, 1955, and it was led by Mr. Jaime Caro Ramos, a Credit Unions Agent from the District of Aguadilla.

On August 19, 1955 we already had ninety nine (99) members and the capital ascended to $784.75. In our fourth Members' Assembly, celebrated on November 1956, the loan norms were implemented, and that same month the Cooperativa de Ahorro y Credito de Rincon was officially incorporated.

Currently we are in a solid economic situation, ranked in second place in “actives” among all the Credit Unions in Puerto Rico, according to the Corporation for Credit Union Supervision and Insurance (COSSEC, for its initials in Spanish).

We have over seventeen thousand (17,000) members and over six thousand (6,000) non-members. Thanks to the loyal and excellent sponsorship received from everyone, along with a dedicated team of voluntary work and an efficient professional team, we have achieved the goals and purpose that launched our Credit Union's organization over half a century ago.  To continue being the best and most solid Credit Union in the West and all of Puerto Rico, through the lending of financial services of quality and excellence, and an efficient Administration. To establish effective Teamwork between the Directors, Administration, and the Staff, that contributes to the financial, economic, technological, and entrepreneurial development of our Credit Union.

To accomplish its mission, the Credit Union provides competitive financial services, providing the necessities of its members and the general community through the use of technology and a willing, capable, and competent staff, within the frame of the democratic and cooperative principles.