EuroBancshares, Inc. operates as a commercial bank that products and services primarily to small and mid-sized businesses in Puerto Rico. The company primarily engages in generating deposits and originating loans. Its deposit products include checking, savings, and time deposits; money market deposits; NOW deposits; certificates of deposit; and individual retirement accounts. The company s loan portfolio comprises commercial and consumer loans, residential mortgage loans, real estate loans, lease financing, and other installment and term loans. It also offers trust and wealth management services, Internet banking, electronic funds transfers, cash management, vault services, and loan and deposit sweep accounts. In addition, the company, through EuroSeguros, a wholly owned subsidiary of Eurobank, provides automobile, property and casualty, credit life, and auto protection insurance. EuroBancshares Inc. was founded in 1979 and is headquartered in San Juan, Puerto Rico.