OFG Bancorp is a financial holding company, which provides banking and financial services. The company targets mid and high net worth customers, including professionals and owners of small and mid-sized businesses. It provides comprehensive banking and wealth management services to its clients through a complete range of banking and financial solutions, including mortgage, commercial and consumer lending; leasing; checking and savings accounts; financial planning, insurance, wealth management, and investment brokerage; and corporate and individual trust and retirement services. The company operates its business through three segments: Banking, Financial Services, and Treasury. The Banking segment activities include mortgage banking, lending and loan and lease activities. The Financial Services segment provides securities brokerage, trust services, retirement planning, insurance, pension administration and other wealth management services. It operates through its principal operating subsidiaries, Oriental Bank & Trust and Oriental Financial Services. The Treasury segment encompasses all of the groups treasury related functions. OFG Bancorp was founded in 1964 and is headquartered in San Juan, Puerto Rico.