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Financials : Banks | Mid Cap Value
Based in Puerto Rico
Company profile

First BanCorp. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.

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Comcast Hosts Digital Equity Summit Focused on Meeting Veterans' Needs in the Digital Age and Announces Nearly $250,000 in Donations to Support Digital Inclusion Efforts for Veterans in Vermont, Connecticut and Western Massachusetts

1:53 pm ET November 18, 2020 (PR Newswire) Print

Executives from Comcast Corporation and Comcast's Western New England Region, which serves 300 communities in Connecticut, Vermont, western Massachusetts, western New Hampshire and New York, today held a virtual summit on the topic of veterans to raise awareness of the impact the digital divide has on them. As part of the event, Comcast also announced several donations worth more than $250,000 to support digital inclusion efforts in Connecticut, Vermont and western Massachusetts.

In partnership with local officials, including Massachusetts Congressman Richard E. Neal, the summit featured a panel discussion featuring Christina Morgan, Executive Director of Dodge House in Rutland, as well as several other non-profit partners, on how the COVID-19 pandemic and the digital divide have further exacerbated issues for veterans.

Panelists held a robust and thoughtful conversation that examined how the use of the Internet, when coupled with social outreach programs, can help facilitate positive change for veterans impacted by social isolation, job loss, housing insecurity and more. Panelists included:

-- Dorinda Borer, Connecticut State Representative and Veterans Affairs Chair

-- Alfred Montoya, Chief Executive Officer & Medical Center Director, VA Connecticut Healthcare System

-- Gumersindo Gomez, Executive Director, Bilingual Veterans Outreach Centers of Mass Inc.

-- Steve Hackley, Senior Vice President of Consumer Sales, Comcast Corporation

-- U.S. Army Brigadier General (Ret.) Carol Eggert, Senior Vice President of Military and Veteran Affairs, Comcast NBCUniversal

-- Dennis Mathew, Senior Vice President, Comcast's Western New England Region

-- Christina Morgan, Executive Director, Dodge House

-- Josh Salazar, Senior Director of Military Services and Philanthropy, Easterseals Capital Region & Eastern Connecticut

Following the panel discussion, Comcast announced four grants to support digital skills training for veterans and the development or expansion of technology labs. The grants included:

-- $20,000 to the VA Connecticut Healthcare System;

-- $20,000 to Easterseals Capital Region & Eastern Connecticut;

-- $20,000 to Dodge House in Rutland, Vermont; and

-- $30,000 to the Bilingual Veterans Outreach Centers of Massachusetts.

"Comcast is committed to supporting the men and women in our community who have stood up for our country and we are proud to partner with these organizations that provide veterans with access to life-changing digital tools and resources, including Internet Essentials, our low-cost broadband program," said Dennis Mathew, Senior Vice President of Comcast's Western New England Region.

In addition, Comcast surprised all four organizations with a total of 500 Dell laptops and 500 opportunity cards, which offer six-months of internet for free through Comcast's Internet Essentials program.

Internet Essentials by Comcast offers low-cost, high-speed Internet service for $9.95 a month plus tax, provides access to free digital skills training in print, online, and in person, and includes the option to purchase a low-cost Internet-ready computer. Since 2011, Internet Essentials has connected millions of low-income households to the Internet, most for the very first time. During that period, the program has grown from focusing on bridging the "homework gap" for school-age children to addressing digital equity issues for all Americans, especially veterans and senior citizens.

"Many of our veterans experience barriers because they do not have an internet subscription at home or access to a library or drop-in center due to COVID-19 or a lack of transportation. Through the incredible support of Comcast, we will be able to create a safe space at Dodge House so local veterans can have reliable access to a computer, the internet, and a volunteer to teach digital skills," said Christina Morgan, Executive Director of Dodge House. "This will enable our veterans to overcome some of the barriers that may prevent them from utilizing telehealth programs, virtual job fairs and other digital services being offered right now to keep people healthy, connected and productive during these times."

Comcast NBCUniversal also has a partnership with Elizabeth Dole Foundation and the PsychArmor Institute, two of America's leading veteran-serving non-profit organizations that helps support the creation of veteran-specific digital skills training videos and supplementary materials.

About Comcast Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the United States' largest video, high-speed internet, and phone providers to residential customers under the Xfinity brand, and also provides these services to businesses. It also provides wireless and security and automation services to residential customers under the Xfinity brand. NBCUniversal is global and operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures, and Universal Parks and Resorts. Sky is one of Europe's leading media and entertainment companies, connecting customers to a broad range of video content through its pay television services. It also provides communications services, including residential high-speed internet, phone, and wireless services. Sky operates the Sky News broadcast network and sports and entertainment networks, produces original content, and has exclusive content rights. Visit for more information.

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