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U.S. Century Bank
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U.S. Century Bank
U.S. Century Bank is a community bank in Miami-Dade County, Florida, with headquarters in the city of Doral. U.S. Century Bank is a Minority Depository Institution (MDI) operating in South Florida. As of December 2024, it has $2.6 billion in total assets, $215.4 million in equity capital, and a branch network that includes 10 locations in Miami-Dade and Broward counties. It is a member of the Federal Deposit Insurance Corporation and rated five stars by Bauer Financial.
Since 2020
U.S. Century Bank was ranked as the eighth largest community bank in South Florida by assets on June 30, 2022. The bank participated in efforts to distribute federal Paycheck Protection Program loans, processing over $168 million in loans that supported South Florida small minority businesses during the COVID-19 pandemic crisis.
On July 16, 2021, Miami community bank U.S. Century Bank files for a $40 million IPO. The Miami, Florida–based company plans to raise $40 million by offering 3.6 million shares at a price range of $10.00 to $12.50. At the midpoint of the proposed range, U.S. Century Bank would command a fully diluted market value of $201 million.
On July 22, 2021, the initial public offering was priced at $10.00 per share. The shares began trading on July 23, 2021, on the Nasdaq Global Market under the symbol "USCB".
On July 28, 2022, the bank surpassed $2.0 billion in assets
USCB Financial Holdings and its wholly owned bank subsidiary, U.S. Century Bank, announced in June 2023 the appointment of Luis de la Aguilera to succeed Aida Levitan, Ph.D. as chairman of the board of directors for both the company and the bank.
Early years
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U.S. Century Bank
U.S. Century Bank is a community bank in Miami-Dade County, Florida, with headquarters in the city of Doral. U.S. Century Bank is a Minority Depository Institution (MDI) operating in South Florida. As of December 2024, it has $2.6 billion in total assets, $215.4 million in equity capital, and a branch network that includes 10 locations in Miami-Dade and Broward counties. It is a member of the Federal Deposit Insurance Corporation and rated five stars by Bauer Financial.
Since 2020
U.S. Century Bank was ranked as the eighth largest community bank in South Florida by assets on June 30, 2022. The bank participated in efforts to distribute federal Paycheck Protection Program loans, processing over $168 million in loans that supported South Florida small minority businesses during the COVID-19 pandemic crisis.
On July 16, 2021, Miami community bank U.S. Century Bank files for a $40 million IPO. The Miami, Florida–based company plans to raise $40 million by offering 3.6 million shares at a price range of $10.00 to $12.50. At the midpoint of the proposed range, U.S. Century Bank would command a fully diluted market value of $201 million.
On July 22, 2021, the initial public offering was priced at $10.00 per share. The shares began trading on July 23, 2021, on the Nasdaq Global Market under the symbol "USCB".
On July 28, 2022, the bank surpassed $2.0 billion in assets
USCB Financial Holdings and its wholly owned bank subsidiary, U.S. Century Bank, announced in June 2023 the appointment of Luis de la Aguilera to succeed Aida Levitan, Ph.D. as chairman of the board of directors for both the company and the bank.
Early years