OFG’s Oriental Introduces SecurLOCK™ to Control & Protect Credit & Debit Cards

OFG Bancorp’s (NYSE:OFG) Oriental Bank subsidiary has launched SecurLOCK™, a free mobile phone app (for iOS and Android) that customers can use to control and protect credit and debit cards. SecurLOCK continues to strengthen Oriental’s leadership in providing state of the art banking technology for increased customer convenience.

"We are committed to using innovative consumer banking and financial technology that is simple and easy to use,” said Ganesh Kumar, Senior Executive Vice President and Chief Operating Officer of OFG Bancorp. “With SecurLOCK, we are the first bank in Puerto Rico to offer this service, which enables customers to manage their card security from the palm of their hand.”

Customers can deactivate and activate their Oriental cards whenever they want.

“If you misplace a card or receive a notification of a transaction you don’t recognize, you can immediately deactivate the card and avoid being exposed to fraud,” said Debbie Sabater, Oriental’s Senior Vice President of Retail Strategy.

The app also enables customers to control when, how and where their cards can be used. Customers can:

• Receive instant transaction alerts of any card that is registered
• Specify business categories in which transactions can be made
• Set transaction types (for example, online or in person)
• Establish usage limits
• Select geographic locations where each card can be used

In the past three years, Oriental has pioneered “first in Puerto Rico” banking services such as Video Interactive ATMs, FOTODepósito, People Pay, Oriental Biz and Cardless Cash, with the aim of streamlining transactions and increasing convenience for individual and commercial customers.

About OFG Bancorp

Now in its 53rd year in business, OFG Bancorp is a diversified financial holding company that operates under U.S. and Puerto Rico banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services and Oriental Insurance, provide a wide range of retail and commercial banking, lending and wealth management products, services and technology, primarily in Puerto Rico, through 48 financial centers. Investor information can be found at www.ofgbancorp.com.

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OFG BancorpPuerto Rico:Idalis Montalvo, [e-mail]:Steven Anreder, [e-mail] Fishman, [e-mail]