U.S. Century Bank
| File:US Century Bank logo.gif | |
| Company type | Public |
|---|---|
| Industry | Banking Financial services Investment services |
| Founded | Miami, Florida (October 28, 2002) |
| Headquarters | Doral, Florida |
Area served | South Florida |
Key people | Octavio Hernandez, Vice Chairman, President & CEO |
| Products | Finance and insurance Consumer Banking Corporate Banking Mortgage |
Number of employees | 284 (June 2009) |
| Website | [1] |
U.S. Century Bank is a community bank in the U.S. state of Florida, locally owned and headquartered in Miami. It has approximately $1.808 billion in total assets, nearly $180 million in equity capital, and a branch network that includes 25 locations throughout Miami-Dade and Broward counties. Founded in 2002,[1] and initially serving mainly Hispanic-owned businesses, it grew quickly and planned to open up three more branches in 2003;[2] it was called "the little bank that could" in 2005, when it operated nine branches.[3]
U.S. Century Bank is one of the 10 largest community banks headquartered in Miami. In 2007, the bank was named Bank of the Year by both the Latin Builder’s Association and the South Florida Hispanic Chamber of Commerce. It received the 2008 Top 100 Outstanding Minority Business Award from The Greater Miami Chamber of Commerce.
On August 7th, 2009, U.S. Century Bank announced it has participated in the U.S. Department of the Treasury's TARP Capital Purchase Program by receiving $50.2 million of funds. [4]
References
- ^ "New Miami-Based Community Bank Bucks the Trend and Raises Record $22 Million in Capital as a De Novo Bank; US Century Bank Set to Open to the Public on November 4th". Business Wire. 2002-10-28. Retrieved 2009-01-22.
{{cite web}}: Cite has empty unknown parameter:|coauthors=(help) - ^ Norton, Frank (2002-12-19). "Newborn Century Bank doubles assets, plans more branches in 2003". Miami Today. Retrieved 2009-01-22.
{{cite web}}: Cite has empty unknown parameter:|coauthors=(help) - ^ Fields, Gregg (2005-04-26), "U.S. Century Bank is bound for the big leagues", The Miami Herald
- ^ http://uscentury.com/pdfs/news_pdfs/TARP2.pdf