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News Releases

February 13, 2024
Banesco USA Closes 2023 with Steady Growth
MIAMI, FL (February 13, 2024) – Banesco USA, an independent, Florida state-chartered bank with six branches between South Florida and Puerto Rico, and a loan and deposit production office in…

January 8, 2024
Banesco USA grants Financial Aid to Community Entities in Puerto Rico
San Juan, Puerto Rico (Monday, January 8, 2024) – As part of its commitment to the development and well-being of Puerto Rico, Banesco USA announced today the donation of $32,000.00…

November 20, 2023
Banesco USA Expands Commercial & Industrial and Domestic Premier Banking & Residential Lending Capabilities
Loans grow 14% and deposits rise 15% year-to-date as Miami-based community bank doubles down on commercial banking at a time when other institutions are pulling back. MIAMI, FL (September 18,…

November 20, 2023
Banesco USA Announces Steady Growth in the Third Quarter of 2023
MIAMI, FL (November 7th, 2023) – Banesco USA, an independent Florida state-chartered bank with six branches between South Florida and Puerto Rico, and a loan and deposit production office in…

October 13, 2023
Banesco USA Provides $18 Million Construction Loan to Biltmore Development for New Multifamily Project
The leading community bank issued the loan to finance a 25-unit, seven-story multifamily property in Coral Gables, Florida. Miami, FL (August 13, 2023) — Banesco USA, a leading community bank…

July 17, 2023
Banesco USA’s $30M Mortage Loan to Rok Lending in South FL
The bank issued a loan to Rok Lending, an affiliate of the family-founded and operated The Rok organization, which specializes in real estate acquisitions and development opportunities across the US….

June 16, 2023
Banesco USA Successfully Hosts Author Adam Greenfader and his New Book “Why Puerto Rico Now: A Masterplan For Resurgence, Resiliency, and Long-Term Economic Growth”
Greenfader was joined by the President and CEO of the Miami-Dade Beacon Council at Banesco USA’s new headquarters for a discussion on opportunities in finance, real estate, fintech, and other…

April 3, 2023
Erbi Blanco-True Named Community Relations Director at Banesco USA
Miami, FL (Monday, April 3, 2023) — Banesco USA, a Florida state-chartered bank headquartered in East Doral with $3 billion in assets, announced the engagement of Erbi Blanco-True as its…

March 1, 2023
Banesco USA Expands in Palm Beach
Miami, FL (Monday, February 27, 2023) — Banesco USA, an independent Florida state-chartered bank headquartered in East Doral, announces the expansion to the Palm Beach market as an integral step…

February 24, 2023
Banesco USA Hosts Grand Opening of its New Corporate Headquarters
Miami, FL (Monday, February 13, 2023) — Banesco USA, an independent Florida state-chartered bank with $3 billion in assets and six locations between South Florida and Puerto Rico, celebrated the…