<SEC-DOCUMENT>0001562180-23-002073.txt : 20230301
<SEC-HEADER>0001562180-23-002073.hdr.sgml : 20230301
<ACCEPTANCE-DATETIME>20230301174816
ACCESSION NUMBER:		0001562180-23-002073
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230227
FILED AS OF DATE:		20230301
DATE AS OF CHANGE:		20230301

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FERNANDEZ JOSE RAFAEL
		CENTRAL INDEX KEY:			0001254550

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12647
		FILM NUMBER:		23695348

	MAIL ADDRESS:	
		STREET 1:		PO BOX 195115
		CITY:			SAN JUAN
		STATE:			PR
		ZIP:			00919-5115

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OFG BANCORP
		CENTRAL INDEX KEY:			0001030469
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				660538893
		STATE OF INCORPORATION:			PR
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		254 MU?OZ RIVERA AVENUE
		CITY:			SAN JUAN
		STATE:			PR
		ZIP:			00918
		BUSINESS PHONE:		7877716800

	MAIL ADDRESS:	
		STREET 1:		254 MU?OZ RIVERA AVENUE
		CITY:			SAN JUAN
		STATE:			PR
		ZIP:			00918

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ORIENTAL FINANCIAL GROUP INC
		DATE OF NAME CHANGE:	19970110
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">Not applicable.</footnote>
        <footnote id="F2">Represent shares of Common Stock received upon settlement of a performance share unit award on February18, 2020, under the OFG Bancorp Amended and Restated 2007 Omnibus Performance Incentive Plan (the &quot;Plan&quot;).</footnote>
        <footnote id="F3">Represents shares of Common Stock withheld against both Performance Share Units and Restricted Units for payment of applicable taxes.</footnote>
        <footnote id="F4">In addition to the reporting person's direct beneficial ownership of  421,763.688 OFG shares, he also indirectly owns 20,152 OFG shares through a Non-Qualified Deferred Compensation Trust.</footnote>
        <footnote id="F5">Awarded pursuant to the Plan. They represent 34% of a grant of Restricted Units (&quot;RUs&quot;) of February 18, 2020.</footnote>
        <footnote id="F6">The Restricted Units convert to Common Stock on a one-for-one basis.</footnote>
        <footnote id="F7">Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units (&quot;RUs&quot;) of February 17, 2021.</footnote>
        <footnote id="F8">Awarded pursuant to the Plan. They represent 33% of a grant of Restricted Units (&quot;RUs&quot;) of February 22, 2022.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s /Nilda M. Vazquez-Rodriguez, Attorney-in-Fact for FERNANDEZ JOSE RAFAEL</signatureName>
        <signatureDate>2023-03-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
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<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>jrfernandez07212022.txt
<DESCRIPTION>JR FERNANDEZ POA
<TEXT>

LIMITED POWER OF ATTORNEY
FOR
SECTION 16 REPORTING OBLIGATIONS


	KNOW ALL MEN BY THESE PRESENTS, that the undersigned, Jose
Rafael Fernandez a/k/a Jose R. Fernandez, hereby appoints Hugh
Gonzalez, Ricardo Colon-Rios, Alfonso Cuesta and Nilda M.
Vazquez-Rodriguez, or either of them acting singly,  to be my
true and lawful attorney-in-fact, for me and in my name, place,
and stead, to prepare, execute, acknowledge, deliver and file
Forms 3, 4, and 5 and amendments thereto with respect to
securities of OFG Bancorp (the ?Company?), required to be filed
with the Securities and Exchange Commission, national securities
exchanges, and the Company in accordance with Section 16(a) of
the Securities Exchange Act of 1934 and the rules and
regulations thereunder, granting unto said attorneys-in-fact
full power and authority to perform all acts necessary to be
done to complete such purposes.

	The undersigned acknowledges that the foregoing attorneys-
in-fact, in serving in such capacity and on the behalf of the
undersigned, are not assuming nor is the Company assuming, any
of the undersigned?s responsibilities to comply with, or any
liability for the failure to comply with, any provision of
Section 16 of the Securities Exchange Act. The undersigned
agrees that the attorneys-in-fact herein, may rely entirely on
information furnished orally or in writing by the undersigned,
my brokers, the Company or any employee, officer or
representative of the Company or any of its subsidiaries to such
attorneys-in-fact. The undersigned also agrees to indemnify and
hold harmless the Company and the attorneys-in-fact against any
losses, claims, damages, or liabilities, (or actions in these
respects) that arise out of or are based upon any untrue
statement or omission of necessary facts in the information
provided by the undersigned to the attorneys-in-fact for
purposes of executing, acknowledging, delivering or filing Forms
3,4 or 5 (including amendments thereto) and agrees to reimburse
the Company and the attorneys-in-fact herein for any legal or
other expenses reasonably incurred in connection with
investigating or defending against any such loss, claim, damage,
liability or action.

      This Limited Power of Attorney shall remain in full force
and effect until the undersigned is no longer required to file
Forms 3, 4 or 5 with respect to the undersigned?s holdings of
and transactions in securities issued by the Company, unless
earlier revoked by the undersigned in a signed writing delivered
to each of the foregoing attorneys-in-fact. For the avoidance of
doubt, the validity of this Power of Attorney shall not be
affected in any manner by reason of the execution, at any time,
of other powers of attorney by the undersigned in favor of
persons other than those named herein.

	IN WITNESS WHEREOF, the undersigned has executed this
Limited Power of Attorney as of this 21 day of July,2022.

						Signed and acknowledged:


						/s/ Jose R. Fernandez
						____________________________
						Signature
						Jose Rafael Fernandez a/k/a
						Jose R. Fernandez





</TEXT>
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</SEC-DOCUMENT>
