Founded in 1895, Banco Crédito built its own first banking structure in 1924[4] at Calle Marina and Callejón Amor, in Ponce.
Banco Crédito y Ahorro Ponceño was founded on 1 January 1895,[5][6] and it prospered significantly during the first half of the twentieth century.
In 1969, it was also Banco Crédito that introduced the first bank credit card—BankAmericard (now Visa) -- in Puerto Rico.
The building of the impressive Banco Crédito structure in downtown Ponce was meant to send a message from the local financial institution to the US-based banks that Banco Crédito was ready to market aggressively for the wealth of Puerto Rico's booming sugar economy.
In 1991, Callejón Amor was converted into a promenade and renamed Paseo Antonio S. Arias Ventura, after the long-time employee of Banco Crédito y Ahorro Ponceño who started as a custodian and rose to become the bank's general manager.