U.S. Century Bank
U.S. Century Blank (NASDAQ: USCB) 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) that provides banking services throughout South Florida. It has approximately $1.7 billion in total assets, $166.3 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. History 2002 to 2019 U.S. Century Bank, which has a majority Hispanic board of directors, was established in 2002 with $23 million in capital to provide financial services to Hispanic-owned businesses. Through organic growth, the bank rose to $2 billion in assets by 3109. During the economic downturn in 2009, the bank participated in the United States Department of the Treasury's Troubled Asset Relief Program (TARP) Capital Purchase Program, receiving $5. In 2011, the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Community Development Bank
Community development bank (CDB) or Community Development Financial Institution (CDFI) is a development bank or credit union that focus on serving people who have been locked out of the traditional financial systems such as the unbanked or underbanked in deprived local communities. They emphasize the long term development of communities and provide loans such as micro-finance or venture capital. In the United States these became popular after 1994 when the US Congress created community development banks and allowed them to get funding at very low rates from the US treasury. In the United States In the United States, community development banks are commercial banks that operate with a mission to generate economic development in low- to moderate-income (LMI) geographical areas and serve residents of these communities. In the United States, community development banks are certified as such by the Community Development Financial Institutions Fund, a department within the U.S. De ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States Senate
The United States Senate is the upper chamber of the United States Congress, with the House of Representatives being the lower chamber. Together they compose the national bicameral legislature of the United States. The composition and powers of the Senate are established by Article One of the United States Constitution. The Senate is composed of senators, each of whom represents a single state in its entirety. Each of the 50 states is equally represented by two senators who serve staggered terms of six years, for a total of 100 senators. The vice president of the United States serves as presiding officer and president of the Senate by virtue of that office, despite not being a senator, and has a vote only if the Senate is equally divided. In the vice president's absence, the president pro tempore, who is traditionally the senior member of the party holding a majority of seats, presides over the Senate. As the upper chamber of Congress, the Senate has several powers o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States Secretary Of Labor
The United States Secretary of Labor is a member of the Cabinet of the United States, and as the head of the United States Department of Labor, controls the department, and enforces and suggests laws involving unions, the workplace, and all other issues involving any form of business-person controversies. Formerly, there was a Department of Commerce and Labor. That department split into two in 1913. The Department of Commerce is headed by the secretary of commerce. Secretary of Labor is a Level I position in the Executive Schedule, thus earning a salary of US$221,400, as of January 2021. Marty Walsh has been Secretary since being sworn in on March 23, 2021. He was confirmed the previous day by the Senate as the last member of Joe Biden's cabinet, after being nominated by President Joe Biden on January 7, 2021. List of secretaries of labor ; Parties (13) (16) Status Line of succession The line of succession for the Secretary of Labor is as follows: # Deputy Secre ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Alexander Acosta
Rene Alexander Acosta (born January 16, 1969) is an American attorney and politician, who served as the 27th United States Secretary of Labor from 2017 to 2019. President Donald Trump nominated Acosta to be Labor Secretary on , and he was confirmed by the U.S. Senate on . A member of the Republican Party, he was appointed by President George W. Bush to the National Labor Relations Board, and later served as the assistant attorney general for civil rights and the U.S. attorney for the Southern District of Florida. He is a former dean of Florida International University College of Law. He has twice been named on the ‘50 most important Hispanics’ list by Hispanic Business Magazine. In 2007–2008, as U.S. attorney, Acosta approved a plea deal that allowed child-trafficking ring-leader Jeffrey Epstein to plead guilty to a single state charge of solicitation, in exchange for a federal non-prosecution agreement. After Epstein's arrest in July 2019 on sex trafficking charges, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Miami Herald
The ''Miami Herald'' is an American daily newspaper owned by the McClatchy Company and headquartered in Doral, Florida, a city in western Miami-Dade County and the Miami metropolitan area, several miles west of Downtown Miami.Contact Us " ''Miami Herald''. Retrieved January 24, 2014. "The Miami Herald 3511 NW 91 Ave. Miami, FL 33172" - While the address says "Miami, FL", the location is actually in Doral. Se this map of Miami-Dade County municipalities an the City of Doral land ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Troubled Asset Relief Program
The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed into law by President George Bush. It was a component of the government's measures in 2009 to address the subprime mortgage crisis. The TARP originally authorized expenditures of $700 billion. The Emergency Economic Stabilization Act of 2008 created the TARP. The Dodd–Frank Wall Street Reform and Consumer Protection Act, signed into law in 2010, reduced the amount authorized to $475 billion. By October 11, 2012, the Congressional Budget Office (CBO) stated that total disbursements would be $431 billion, and estimated the total cost, including grants for mortgage programs that have not yet been made, would be $24 billion. On December 19, 2014, the U.S. Treasury sold its remaining holdings of Ally Financial, essentially ending the program. Purpose TARP allowed ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United States Department Of The Treasury
The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and the U.S. Mint. These two agencies are responsible for printing all paper currency and coins, while the treasury executes its circulation in the domestic fiscal system. The USDT collects all federal taxes through the Internal Revenue Service; manages U.S. government debt instruments; licenses and supervises banks and thrift institutions; and advises the legislative and executive branches on matters of fiscal policy. The department is administered by the secretary of the treasury, who is a member of the Cabinet. The treasurer of the United States has limited statutory duties, but advises the Secretary on various matters such as coinage and currency production. Signatures of both officials appear on all Federal Reserve notes. The depart ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bauer Financial
Bauer Financial (stylized as BauerFinancial) is a financial rating agency based in Coral Gables, Florida. Karen L. Dorway is the president of Bauer Financial. History Bauer Financial was founded in 1983, in Coral Gables, Florida, by Paul A. Bauer. In 2000, the company changed its name from The Bauer Group to Bauer Financial. Structure Bauer Financial provides depositor-focused ratings of banks and credit unions in the United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie .... The company's rating scale runs from zero to five stars, with the strongest institutions being granted five-star ratings. References {{reflist External linksOfficial site Financial services companies established in 1983 Financial services companies of the United States ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Broward County, Florida
Broward County ( , ) is a county in the southeastern part of Florida, located in the Miami metropolitan area. It is Florida's second-most populous county after Miami-Dade County and the 17th-most populous in the United States, with over 1.94 million residents as of the 2020 census. Its county seat and largest city is Fort Lauderdale, which had a population of 182,760 as of 2020. Broward County is one of the three counties that make up the Miami metropolitan area, which was home to 6.14 million people in 2020. It is also one of the most ethnically diverse counties in the entire country. The county has 31 municipalities (including 24 incorporated cities) and many unincorporated areas. It's also Florida's seventh-largest county in terms of land area, with . Broward County's urbanized area occupies 427.8 square miles of land. The largest portion of the county is the Conservation Area that extends to the county's Western border. The conservation area is 796.9 square miles and con ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Miami-Dade
Miami-Dade County is a county located in the southeastern part of the U.S. state of Florida. The county had a population of 2,701,767 as of the 2020 census, making it the most populous county in Florida and the seventh-most populous county in the United States. It is also Florida's third largest county in terms of land area, with . The county seat is Miami, the core of the nation's ninth largest and world's 34th largest metropolitan area with a 2020 population of 6.138 million people. Miami-Dade County is heavily Hispanic, and was the most populous majority-Hispanic county in the nation as of 2020. It is home to 34 incorporated cities and many unincorporated areas. The northern, central and eastern portions of the county are heavily urbanized with many high-rise buildings along the coastline, including Miami's Central Business District in Downtown Miami. Southern Miami-Dade County includes the Redland and Homestead areas, which make up the agricultural economy of the count ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |