In 1982 Banco Del Pacifico Ecuador (“BPE”) opened Banco Del Pacifico Internacional (“BPI”) as an Edge Act bank in Miami, Florida. Within three years (1985), the Miami office changed its charter from an Edge Act to a national bank charter issued by the Office of the Comptroller of the Currency (“OCC”) and its name to Pacific National Bank. Until 2012, Pacific National Bank, a full service commercial bank, operated as wholly owned subsidiary of BPE. On October 31, 2014 the Bank was sold to a group of U.S. private investors.
Pacific National Bank's deposits are insured by the Federal Deposit Insurance Corporation (“FDIC”), the Bank is a Federal Reserve member bank, and operates multiple branches in Miami-Dade County, Florida.