Scotiabank ATM

A Scotiabank ATM located on the Charlotte Amalie waterfront on St. Thomas.

After the sale of Scotiabank’s USVI operations to Oriental Bank last month, officials are now saying not to expect major changes in staffing or in the number of branches in the territory.

José Rafael Fernández — the president, CEO and vice chairman of the boards of OFG Bancorp and Oriental Bank — said in a press conference that with the acquisition of Scotiabank, Oriental Bank will now be the third-largest bank in the territory by market share. Scotiabank previously held the No. 3 spot in the territory behind Banco Popular and FirstBank, according to OFG Bancorp data.