To install click the Add extension button. That's it.

The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. You could also do it yourself at any point in time.

Kelly Slayton
Congratulations on this excellent venture… what a great idea!
Alexander Grigorievskiy
I use WIKI 2 every day and almost forgot how the original Wikipedia looks like.
Live Statistics
English Articles
Improved in 24 Hours
Added in 24 Hours
What we do. Every page goes through several hundred of perfecting techniques; in live mode. Quite the same Wikipedia. Just better.

U.S. Century Bank

From Wikipedia, the free encyclopedia

U.S. Century Bank
Financial services
Investment services
FoundedMiami, Florida (October 28, 2002)
HeadquartersDoral, Miami, Florida
Area served
South Florida
Key people
Aida Levitan, Ph.D
Chairman of the Board

Luis de la Aguilera
President and CEO
ProductsFinance and insurance
Consumer Banking
Corporate Banking
Global Wealth Management
Homeowners Association
Total assetsIncrease US$1.1 billion (June '18)
Total equityIncrease US$ 115 million (June '18)
Number of employees
175 (September 2018)

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 $1.1 billion in total assets, $115 million in equity capital, and a branch network that includes 11 locations throughout Miami-Dade and Broward counties. It is a member of the Federal Deposit Insurance Corporation.


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 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.[4] 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.[5][6] 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.[7]

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.[8] 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.[9]

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.[10]

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.[11]

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.[12]

U.S. Century announced the appointment of Luis de la Aguilera as President and CEO on December 15, 2015.[13] De la Aguilera spent 15 years at TotalBank, becoming president in 2009 and CEO in 2013.

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.[14]

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.[15]

U.S. Century reported on January 31, 2017 its first year-end profit since 2008.[16] 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.[17] Levitan replaces Alex Acosta, who was confirmed by the U.S. Senate as labor secretary on April 27.

U.S. Century reported on July 18, 2017, the addition of Bernardo B. Fernandez, Jr., M.D. as the newest member of its Board of Directors. The addition of Dr. Fernandez brings the board's number to six members.[18]

Bauer Financial, the nation's leading independent bank rating and research firm, awarded U.S. Century 5 stars on September 6, 2018. This is the highest rating given to financial institutions.


  • Aida Levitan, Ph.D, Chairman of the Board of Directors of U.S. Century Bank
  • Luis De La Aguilera, President & CEO, U.S. Century Bank


Century Tower, Doral, Florida.
Century Tower, Doral, Florida.

The Bank operates 11 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 (4) and Miami Lakes.


  1. ^ "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.
  2. ^ Norton, Frank (2002-12-19). "Newborn Century Bank doubles assets, plans more branches in 2003". Miami Today. Retrieved 2009-01-22.
  3. ^ Fields, Gregg (2005-04-26). "U.S. Century Bank is bound for the big leagues". The Miami Herald.
  4. ^ [1][dead link]
  5. ^ Bandell, Brian (2010-04-22). "U.S. Century Bank regains profitability".
  6. ^ Bandell, Brian (2010-04-15). "Fitch downgrades U.S. Century Bank".
  7. ^ 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
  8. ^ [2] Archived October 27, 2011, at the Wayback Machine
  9. ^ Bandell, Brian (2012-01-31). "U.S. Century Bank's bad assets up $57M in Q4".
  10. ^ Bandell, Brian (2012-08-22). "Carlos Davila succeeds Octavio Hernandez as U.S. Century Bank CEO".
  11. ^ "Former U.S. Attorney becomes chairman of U.S. Century Bank".
  12. ^ Lincoff, Nina (2015-03-18). "U.S. Century Bank closes $65M recapitalization plan".
  13. ^ "U.S. Century Bank appoints Luis de la Aguilera as CEO". miamiherald. Retrieved 2016-04-25.
  14. ^ "U.S. Century consent order lifted in time for shareholder meeting".
  15. ^ "U.S. Century Welcomes Addition of New Board Member".
  16. ^ "Miami's U.S. Century Bank reports first year-end profit since 2008".
  17. ^ "Aida Levitan named chairman of the board at U.S. Century Bank".
  18. ^ "Fernandez added to U.S. Century Board".

External links

This page was last edited on 27 October 2019, at 07:10
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.