| W Holding Company, Inc. is a financial holding company offering a range of financial services. The business of the Company is conducted primarily through its wholly owned commercial bank subsidiary, Westernbank Puerto Rico (Westernbank). The Company's other direct subsidiary is Westernbank Insurance Corp. Westernbank changed its charter to become a full-service commercial bank. Westernbank offers a range of business and consumer financial services, including banking, trust and brokerage services. Westernbank Insurance Corp. is a general insurance agent placing property, casualty, life and disability insurance. The Company's two business segments are the traditional banking operations of Westernbank and the activities of Westernbank International. During the year ended December 31, 2006, the Company had total assets of $17.15 billion. |
