Puerto Rico

San Juan, Puerto Rico Capitol
REGULATING AGENCY: Public Corporation for the Supervision and Insurance of Cooperatives of Puerto Rico | Corporación Pública Para la Supervisión Y Seguro De Cooperativas de Puerto Rico
COSSEC is a Public Corporation of the Government of Puerto Rico, created by virtue of Law No. 114-2001 to regulate and supervise cooperatives in Puerto Rico, and is attached to the Cooperative Development Commission of Puerto Rico, through Law No. 247 of 2008. In addition, it manages the Share and Deposit Insurance Fund, insuring the shares and deposits of the more than 1.3 million members and depositors of the savings and credit cooperatives that operate under Law No. 255-2002.
- Mabel Jimenez Miranda, Executive President
- Website: cossec.pr.gov
League of Cooperatives of Puerto Rico
The League of Cooperatives of Puerto Rico is the integrating body of the Puerto Rican Cooperative Movement. Our main functions are the representation of cooperatives before the state, promotion of cooperatives, defense of cooperative principles, fostering integration and the development of cooperative education.
- Mildred Santiago Ortiz, Executive Director
- Website: liga.coop
2024 STATS
- Largest SCU: CU $0B in assets
- Largest FCU: CARIBE FCU $0.7B in assets
Third Quarter 2024 | SCUs | FCUs | Total CUs | % of SCUs/Total |
---|---|---|---|---|
Total Credit Unions | 92 | 5 | 97 | 94.84% |
Credit Union Members | 0.08M | 0.1M | 0.19M | 44.22% |
Credit Union Assets | $12.11B | $1.2B | $13.31B | 90.98% |
FUN FACT
El Yunque Is The Forest Service’s only Tropical Rainforest. It’s 29,000 acres, making it one of the smallest forests in the United States. Yet it’s brimming with natural wonders and exotic wildlife. Climb up mountains more than 3,000 ft tall, and watch parrots and frogs frolic.