U.S. Century Bank
|Founded||Miami, Florida (October 28, 2002)|
|Headquarters||Doral, Miami, Florida|
|Aida Levitan, Ph.D
Chairman of the Board
Luis de la Aguilera
President and CEO
|Products||Finance and insurance
Global Wealth Management
|Total assets||US$ 990 million (December '16)|
|Total equity||US$ 86 million (December '16)|
Number of employees
|204 (December 2016)|
U.S. Century Bank is a community bank in the U.S. state of Florida, locally owned and headquartered in Miami. U.S. Century Bank is a company that provides consumer and business banking services to communities throughout south Florida. It has approximately $990 million in total assets, $86 million in equity capital, and a branch network that includes 13 locations throughout Miami-Dade and Broward counties. It is a member of the Federal Deposit Insurance Corporation.
Founded in 2002, and initially serving mainly Hispanic-owned businesses, it grew quickly and planned to open up three more branches in 2003; it was called "the little bank that could" in 2005, when it operated nine branches.
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 7, 2009, U.S. Century Bank announced it has participated in the United States Department of the Treasury's Troubled Asset Relief Program (TARP) Capital Purchase Program by receiving $50.2 million of funds. U.S. Century Bank reported earnings of $1 million in the first quarter of 2010, but deferred the interest payment to the U.S. Government on its TARP loan. The rating agency Fitch downgraded the rating on the banks corporate debt to junk status. In addition, the Union of Operating Engineers of Miami reported that US Century Bank was the financial institution in Florida with the highest ratio of loans to inside directors of the State of Florida in 2009.
On June 7, 2011, The Federal Deposit Insurance Corporation issued U.S. Century Bank with a consent order citing issues with asset quality, management, earnings, capital, liquidity and sensitivity to market risk. The U.S. Department of the Treasury appointed a federal observer to the bank’s board because the bank has not made its last eight TARP dividend payments. U.S. Century ended 2011 with $1.26 billion in deposits and $1.11 billion in loans.
On August 22, 2012, it was announced that U.S. Century Bank President Octavio Hernandez would retire and that the Board of Directors of U.S. Century Bank has appointed Carlos J. Dávila as President, Chief Executive Officer and member of the Board of Directors.
On December 12, 2013, U.S. Century Bank named former U.S. attorney for the Southern District of Florida R. Alexander Acosta as its new chairman. Acosta was head prosecutor in the region from 2005 until 2009, when he accepted his current position as dean of Florida International University’s law school. 
U.S. Century Bank announced the closing of its $65 million recapitalization on March 18, 2015. The bank had previously tried to close two other capital raise plans. It announced regulatory approval of its latest plan on Feb. 20 and gained shareholders' approval on March 9. The deal consisted of $41 million provided by two main investors and $24 million provided by individuals who invested up to $1.2 million.
On April 23, 2016, it was announced that the regulatory consent order U.S. Century had been operating under for the last five years had been lifted. It was also announced that President and CEO Luis de la Aguilera and executive VP and Chief Credit Officer Benigno Pazos were formally confirmed to their roles following a regulatory no-objection to their appointments.
Ramón A. Abadin, immediate past president of the Florida Bar Association, was added to the Board of Directors in January 2017. Abadin will expand the board to six. 
U.S. Century reported on January 31, 2017 its first year-end profit since 2008.  By nearly every measure reported on December 31, 2016, performance improved or remained relatively stable compared to last year. Improvements in credit quality and a reduction in non-performing assets from $38.9 million to $15.6 contributed to an increase in interest income and moderate growth of the loan portfolio. At 2016 year-end, OREO properties were reduced to $5.0 million, the lowest level in the last seven years.
The board of directors of U.S. Century Bank appointed Aida Levitan, Ph.D as chairman of the board effective May 1.  Levitan replaces Alex Acosta, who was confirmed by the U.S. Senate as labor secretary on April 27.
Board of directors
U.S. Century Bank’s directors are successful business leaders who have built companies from the ground up and who are experienced in operating and managing financial institutions. They provide the bank’s management with strategic direction.
- Aida Levitan, Ph.D, Chairman of the Board of Directors of U.S. Century Bank
- Ramón A. Abadin, Shareholder at Sedgwick Law
- Luis De La Aguilera, President & CEO, U.S. Century Bank
- Howard Feinglass
- Kirk Wycoff
The Bank operates 13 branches located throughout Miami-Dade and Broward Counties. Deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to the legal limit. U.S. Century Bank's branches are located in Aventura, Coral Gables, Doral, Hialeah, Hialeah Gardens, Hollywood, Miami (5), Miami Lakes, and West Kendall.
- "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.
- Norton, Frank (2002-12-19). "Newborn Century Bank doubles assets, plans more branches in 2003". Miami Today. Retrieved 2009-01-22.
- Fields, Gregg (2005-04-26). "U.S. Century Bank is bound for the big leagues". The Miami Herald.
- [dead link]
- Bandell, Brian (2010-04-22). "U.S. Century Bank regains profitability".
- Bandell, Brian (2010-04-15). "Fitch downgrades U.S. Century Bank".
- Doral-based U.S. Century Bank has more outstanding insider loans than any other banking institution in Florida - Page 1 - News - Miami - Miami New Times
-  Archived October 27, 2011, at the Wayback Machine.
- Bandell, Brian (2012-01-31). "U.S. Century Bank's bad assets up $57M in Q4".
- Bandell, Brian (2012-08-22). "Carlos Davila succeeds Octavio Hernandez as U.S. Century Bank CEO".
- "Former U.S. Attorney becomes chairman of U.S. Century Bank".
- Lincoff, Nina (2015-03-18). "U.S. Century Bank closes $65M recapitalization plan".
- "U.S. Century Bank appoints Luis de la Aguilera as CEO". miamiherald. Retrieved 2016-04-25.
- "U.S. Century consent order lifted in time for shareholder meeting".
- "U.S. Century Welcomes Addition of New Board Member".
- "Miami's U.S. Century Bank reports first year-end profit since 2008".
- "Aida Levitan named chairman of the board at U.S. Century Bank".