Draft:Banesco USA

Banesco USA is an independent Florida state-chartered bank, with $3.81 billion in assets, regulated by the Florida Office of Financial Regulation (OFR) and a member of the Federal Deposit Insurance Corporation (FDIC). Operating in Florida and Puerto Rico, it is independent of Banesco in other countries.

History
Founded in 2006, Banesco USA serves the commercial real estate sector, small and middle-market businesses, and individuals in both Florida and Puerto Rico.

Banesco was the only bank in Florida and Puerto Rico to receive capital from the U.S. Treasury Department's Emergency Capital Investment Program (ECIP) in 2022.

Social Responsibility
Banesco USA participates in various social responsibility programs, focusing on financial literacy, community development, environmental protection, and sustainable business practices.

Partnerships

 * Cristo Rey Corporate Work Study Program
 * Junior Achievement of Greater Miami
 * Banesco International

Awards and Recognition

 * BauerFinancial Rating: 5-star
 * Kroll Bond Rating Agency: Rating Affirmation

Leadership

 * Chairman of the Board: Carlos Palomares
 * Directors: Alvaro Morales, Edward Holden, José B. Carrión III

Governance

 * Vice-Chairman of the Board: Juan Carlos Escotet Rodriguez
 * President & CEO: Calixto (Cali) García-Vélez
 * Directors: Seno Bril, Carlos Eduardo Escotet Alviarez
 * Executive Management
 * Executive Vice-President, Chief Corporate Governance Officer: Mercedes Escotet
 * Executive Vice-President, Chief Administrative Officer: Leticia Pino
 * Executive Vice-President, Puerto Rico Country Manager: Maritza Abadía
 * Executive Vice-President, Head of Corporate Banking: Nelson Hidalgo
 * Senior Vice-President, Chief Credit Officer: Michel Vogel
 * Executive Vice-President, Chief Information Officer: Julio Valle
 * Executive Vice-President, Chief Financial & Risk Officer: Kenneth Schoeni
 * Senior Vice-President, Head of Business Transformation: Gustavo Rengifo
 * Senior Vice-President, General Counsel: Norma Sabo
 * Senior Vice-President, Head of International Banking: Luis Pereda

Branches
Banesco USA currently has six locations between South Florida and Puerto Rico, including its headquarters in Doral , business centers in Aventura, Brickell, Coral Gables and Hialeah, a loan and deposit production office in Palm Beach County, and a business center in San Juan, Puerto Rico. The bank offers services that include savings and loan products.