than just a bank family ... type private industry banking financial services investment services founded miami florida october 28 2002 headquarters doral miami florida area served south florida key people alex acosta chairman of the board luis de la aguilera president and ceo products finance and insurance consumer banking corporate banking investment banking global wealth management mortgages total assets us 931 million december 13 total equity us 47 million december 13 number of employees 243 december 2013 website uscentury.com 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 1.61 billion in total assets 100 million in equity capital and a branch network that includes 24 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 is the financial institution in florida with the highest ratio of loans to inside directors of the state of florida . 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. d vila as president chief executive officer and member of the board of directors . 10 on august 30 trevor burgess the chief executive officer of c1 bank and ramon e. rasco the chairman of u.s. century bank announced that c1 bank and cbm florida holding company have entered into a definitive agreement with u.s. century bank for the acquisition of doral fl based u.s. century bank . the acquisition will be accomplished through the merger of u.s. century bank into c1 bank . 11 u.s. century announced the appointment of luis de la aguilera as president and ceo on december 15 2015 . 12 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 bengino pazos were formally confirmed to their roles following a regulatory no objection to their appointments . 3 contents 1 board of directors 2 branches 3 references 4 external links board of directors edit 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 . alex acosta chairman of the board of directors of u.s. century bank luis de la aguilera president & ceo u.s. century bank aida levitan national smithsonian latino center friends of the national museum of the american latino and the spanish cultural center branches edit century tower doral florida . the bank operates 17 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 brickell coral gables doral downtown miami hialeah 2 hialeah gardens hollywood miami 9 miami lakes south beach and west kendall . references edit 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 . 1 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 2 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 . bandell brian 2012 08 31 . u.s. century bank to be sold to c1 bank . u.s. century bank appoints luis de la aguilera as ceo . miamiherald . retrieved 2016 04 25 . external links edit official web site retrieved from https en.wikipedia.org w index.php title u.s. century bank & oldid 743550468 categories banks based in floridacompanies based in miamibanks established in 20022002 establishments in floridahidden categories all articles with dead external linksarticles with dead external links from august 2015articles with wayback machine links navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 10 october 2016 at 04 36 . text is available under the creative commons attribution sharealike license ; 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