Felix Huerta

Felix Huerta, O.F.M., was a Spanish Franciscan friar, Catholic priest, scholar and missionary to the Philippines during the 19th century, when it was still a colony of Spain.

[4] Huerta is best known today as the author of Estado geográfico, topográfico, estadístico, histórico-religioso de la santa y apostólica provincia de San Gregorio Magno ("Geographical, topographical, statistical, historical and religious state of the holy and apostolic province of St. Gregory the Great"), a record of the histories of Franciscan missions which is now a primary resource for local histories of Philippine municipalities.

With the backing of the Archbishop of Manila and the Spanish colonial government, Huerta opened the bank on August 2, 1882.

Committed to the service of the poor, any monies over the amount of the initial debt received in auctioning unredeemed items would be given to the debtor or his heirs.

[5] In his search through financial documents during this effort, Huerta discovered the existence of a previously forgotten fund bequeathed by General Francisco Carriedo y Peredo (November 7, 1690 – September 1743), a native of Santander, Spain, who had been stationed in Manila as an officer of the Spanish Navy.