Banesco USA Announces Departure of President & Chief Executive Officer Jorge Salas; to Be replaced by Mr. Mario Oliva

MIAMI–(BUSINESS WIRE)–The Board of Directors (the “Board”) of Banesco USA today announced that Mr. Jorge Salas submitted his resignation and will step down as President & Chief Executive Officer effective January 31, 2020. Mr. Salas will be joining Banco Latinoamericano de Comercio Exterior, S.A. (“Bladex”) (NYSE: BLX). He will be succeeded by Mr. Mario Oliva.

Banesco USA’s Chairman, Mr. Carlos Palomares, said: “The Board would like to express its appreciation for Jorge’s management of the Bank during the last 6 years, where the institution has made significant strides in further improving efficiency and overall performance. Because of his stewardship, Banesco USA is well-positioned to succeed in the future, in what is a rapidly evolving landscape for the banking sector.

Banesco USA is fortunate to have a successor of Mario Oliva’s caliber, who is a seasoned international banker with vast experience and a proven track record in the financial services industry in Latin America and the US. Mr. Salas and Mr. Oliva have worked in coordination to ensure a smooth transition. The Board is confident that, under Mario Oliva’s leadership, the Bank will continue to thrive, enhancing its role in the market and our clients, while delivering increasing value to our shareholders.”

Mr. Oliva said of his appointment: “I am honored to have been assigned the responsibility to continue building upon Banesco USA’s unique strengths. We operate in an important market that presents opportunities to fuel the Bank’s growth and success. I am grateful to the Board for their confidence, and I am looking forward to developing these opportunities, and continuing to work together with the extraordinary team of professionals at Banesco USA.”

Commenting on his decision to step down Mr. Salas said: “I am pleased to have been associated with the Banesco group for the last 20 years in different capacities. Since my appointment as CEO, in Banesco USA I have had the opportunity to be part of their growth and success. I would like to thank our Board of Directors and our shareholders for their confidence, and the team of professionals at Banesco USA, which I had the privilege to manage in the last 6 years, for their support and help in strengthening the leadership role of the Bank. I wish Mario the best of luck and continued success for Banesco USA.”

Mr. Oliva has been a member of the Board of the various entities that comprise the Banesco Group in the Americas, as well as being the Corporate Coordinator of all the Chief Credit Officers of the Americas. Mr. Oliva has over 30 years of banking experience Domestic and International markets. Mr. Oliva holds a Master’s in Business Administration (M.B.A) from IESA in Caracas, Venezuela.

Banesco USA, is part of Banesco International, a worldwide group of financial institutions with presence in 15 countries. Banesco International is comprised of four financial groups Venezuela, Latin America, USA and Spain with extensive and recognized experience in the Banking, insurance, and payment methods.

About Banesco USA

Founded in 2006 and based in Coral Gables, Banesco USA is an independent Florida state-chartered bank ( with $1.83 billion in assets as of September 30, 2019. The bank has six branches in South Florida: Coral Gables, Doral, Hialeah, Weston, Aventura and Brickell (with the recent acquisition); and one in San Juan, Puerto Rico. Banesco USA, South Florida Business Journal’s 2019 Business of the Year, has a 5-star rating from the Bauer Financial rating service and recently raised its Fitch Rating outlook to Positive. Visit for information.


What is FICO? Learn about your FICO® Score

Fico Score


What is FICO?

FICO, formerly known as Fair Isaac Corporation, is the company that invented FICO® Scores. Starting in the
1950s, FICO sparked a revolution in credit risk assessment by pioneering credit risk scoring for credit
grantors. This new approach to measuring risk enabled banks, retailers and other businesses to improve
their performance and to expand consumers’ access to credit. Today, FICO® Scores are widely recognized
as the industry standard for measuring credit risk.
It is important to note that while FICO works with the consumer reporting agencies to provide your FICO®
Scores, it does not have access to or store any of your personal data or determine the accuracy of the
information in your credit file.

What are FICO® Scores?

FICO® Scores are the most widely used credit scores. Each FICO® Score is a three-digit number calculated
from the data on your credit reports at the three major consumer reporting agencies—Experian,
TransUnion and Equifax. Your FICO® Scores predict how likely you are to pay back a credit obligation as
agreed. Lenders use FICO® Scores to help them quickly, consistently and objectively evaluate potential
borrowers’ credit risk.

How are FICO® Scores different?

Not all credit scores are FICO® Scores. Because FICO® Scores are the credit scores most widely used by
lenders—FICO® Scores are used in over 90% of U.S. credit lending decisions1—knowing your FICO® Scores
is the best way to understand how potential lenders could evaluate your credit risk when you apply for a
loan or credit. Other credit scores, which use scoring formulas different from FICO’s, may not give you an
accurate representation of the scores your lender uses when assessing your credit profile.

What goes into FICO® Scores?

What goes into fico scores

What is a good FICO® Score?

The chart below provides a breakdown of ranges for FICO® Scores found across the U.S. consumer
population. Each lender has its own credit risk standards, but this chart can serve as a general guide
of what a FICO® Score represents.

Ranges of FICO® Scores
What FICO® Scores in this range mean
800 or Higher Well above the average score of U.S. consumers
Demonstrates to lenders that the consumer is an exceptional borrower
740 to 799 Above the average of U.S. consumers
Demonstrates to lenders that the consumer is a very dependable borrower
670 to 739 Near or slightly above the average of U.S. consumers
Most lenders consider this a good score
580 to 669 Below the average of U.S. consumers
Some lenders will approve loans with this score
Lower than 580 Well below the average of U.S. consumers
Demonstrates to lenders that the consumer is a risky borrower

For more information about FICO® Scores, Click here.

FICO is a registered trademark of Fair Isaac Corporation in the United States and other countries.
Banesco USA and Fair Isaac are not credit repair organizations as defined under federal or state law, including the Credit Repair Organizations Act. Banesco USA and Fair Isaac do not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history or credit rating.


Top 10 Security Tips for Debit Cards and Online Shopping

Banesco USA offers you a series of products and services to help you avoid risks with your debit cards or online shopping. Because your security is our priority here are our top 10 Security Tips:

  1. Never provide personal information, such as passwords, bank account or credit card information in response to unsolicited email or telephone requests.
  2. Change your passwords regularly and avoid choosing passwords that are easily guessed.
  3. Activate alerts for withdrawals and deposits in your BanescOnline account. Remember that this tool will help you monitor the transactions made in your different banking products. For more information on creating alerts on BanescOnline, click here.
  4. Never click on a link in an unsolicited email.
  5. End the BanescOnline session as soon as your bank transactions are completed. Never leave the computer unattended while you are logged in.
  6. Do not use public computers, or public or unknown Wi-Fi, to access your accounts.
  7. Review account statements regularly to ensure all charges are accurate.
  8. Take outgoing mail to the post office, rather than placing them in your home mailbox.
  9. Maintain your contact information updated within your online banking so we can keep you informed.
  10. Destroy old personal information such as checks, expired credit cards, items with account numbers and pre-approved credit card solicitations in a shredder.

Remember to always contact us to report any suspicious account activity or information security-related events.

To contact a Client Care Specialist call toll free from:

USA: 1-888-228-1597

Venezuela: 0-800-122-8226

Monday to Friday from 8:30 AM – 5:00 PM

Or visit one of our Business Centers. For our locations click here.

Another Record Quarter for Banesco USA

MIAMI–(BUSINESS WIRE)–Banesco USA today announced strong Third Quarter Earnings with record net income of $19.8 million, marking a year-over year increase of 165 percent. Additionally, total assets grew 44% to $1.83 billion, gross loans grew by 37% to $1.31 billion and deposits grew 41% to $1.55 billion for the year.

“These figures mark record profits, positioning us to brake 20 million dollars in net income for the year with all of our business lines performing as planned,” said Banesco USA’s CEO, Jorge Salas.” Our new online and mobile banking platform have been very well received by clients and we’re enthusiastic to be adding a promising new business line, foreign national residential lending, led by a senior team with more than 30 years of experience,” he added.

Read more


Banesco USA Selected by The Ritz-Carlton Residences Sunny Isles Beach to be Preferred Foreign-National Lender

Banesco USA today announced that it has been selected by The Ritz-Carlton Residences Sunny Isles Beach to be a preferred foreign national lender, offering international luxury residential real estate clients and investors its extensive market experience, local approval, and multi-lingual staff.

“Today’s announcement reinforces our position as the premiere local lending partner to South Florida’s foreign-national, luxury residential real estate market,” said Banesco USA’s President and CEO Jorge Salas.

“We recognize that it’s about more than having the best views for foreign buyers — it’s also about knowing they’re making the best deal and experiencing the kind of smooth process that comes when working with bankers who are experienced in meeting the needs of wealthy international clients,” added Alina Robau, Senior Vice-President and Head of Residential Lending for the bank.

Veteran mortgage banker, Robau joined Banesco USA earlier this year via its acquisition of Brickell Bank, and provides clients more than 35 years of experience managing and developing consumer, commercial, and international lending.

One of the most sought-after new residential addresses in South Florida, The Ritz-Carlton Residences Sunny Isles Beach features stunning architecture by Arquitectonica, interiors by world-renowned designer, Michele Bönan and 212 exceptional residences ranging from two, three and four-bedroom homes and four top-floor penthouses. The project’s anticipated delivery is Fall 2019. For more information please visit

Bahamas Relief

Our hearts go out to the people in the Bahamas. We are collecting hurricane relief items at our South Florida Business Centers. Please join us in helping them by donating any items from the list below. Items will be collected at Banesco USA Business Centers. For addresses please visit the following link: Banesco USA Business Centers- Drop-ff locations  We will be collecting items on September 20th, 2019

Items needed:

General Supplies

  • Batteries (Especially D)
  • Face/Dust Masks
  • Gas Containers
  • Small Generators
  • Masking Tape/ Marking Tapes
  • Power Strips
  • Extension Cords
  • Large Trash Bags
  • Zip Ties
  • Non-Perishable Foods
  • Took Kits
  • Wheel Barrels
  • Buckets
  • Packing Boxes / Packing Tape
  • Can Openers (Manual Only)
  • Paper Towel / Toilet Paper
  • Disposable Plates / Utensils
  • Lanterns
  • Clorox
  • Baby Food & Formula
  • Pet Food
  • Tents
  • Tarps
  • Work Gloves

Hygiene Supplies

  • Deodorant
  • Feminine Hygiene Products
  • Hand Sanitizer
  • Shampoo / Conditioner
  • Soap (Bar or Liquid)
  • Toothpaste / Toothbrushes
  • Bug Repellant
  • Sunscreen
  • Hair Brushes / Hair Ties
  • Diapers
  • Cleaning Supplies
  • Baby Wipes

Medical Supplies

  • First Aid Kits
  • Non-Adhesive Bandages
  • Antibacterial Ointments
  • Gauze
  • Medical Tape
  • Ibuprofen
  • Aspirin
  • Rubbing Alcohol
  • Hydrogen Peroxide
  • Eye Drops
  • Band Aids
  • Children Ibuprofen


Hurricane Preparedness Guide

Home preparedness

  • Take pictures of your home (both interior and exterior) for your homeowner’s insurance company.
  • Hurricane winds can cause trees and branches to fall, so before hurricane season trim or remove damaged trees and limbs to keep you and your property safe.
  • Secure loose rain gutters and downspouts and clear any clogged areas or debris to prevent water damage to your property.
  • Reduce property damage by retrofitting to secure and reinforce the roof, windows and doors, including the garage doors with either boards, shutters, or hurricane resistant items.
  • Remove debris or items that could become projectiles.
  • Remember to keep generators and other alternate power/heat sources outside, at least 20 feet away from windows and doors and protected from moisture; and NEVER try to power the house wiring by plugging a generator into a wall outlet.
  • Protect areas where wind can enter. Windows and doors should be secured with County-approved storm shutters. Another option is to board up windows with 5/8-inch plywood. Tape does NOT prevent windows from breaking.
  • Protect electronics with surge protectors and waterproof coverings.
  • Bring in lawn furniture or other outdoor items not tied down that could become airborne.
  • Withdraw cash from the bank and get fuel for your vehicle, generator and other gas-powered tools.
  • Listen to local officials for updates and instructions. Follow evacuation orders from local officials, if given.
  • Check-in with family and friends by texting or using social media. Communicate with Managers.
  • Turn your refrigerator or freezer to the coldest setting and open only when necessary. If you lose power, food will last longer. Keep a thermometer in the refrigerator to be able to check the food temperature when the power is restored.
  • Do not go outside until the storm has passed and authorities have indicated that it is safe.
  • Return home only when authorities indicate it is safe from evacuation.
  • Watch out for debris and downed power lines.
  • Ensure that the water is safe to consume.
  • Be careful with candles, fires, and generators.
  • Avoid walking or driving through flood waters. Just 6 inches of moving water can knock you down, and one foot of fast-moving water can sweep your vehicle away.
  • Avoid flood water as it may be electrically charged from underground or downed power lines and may hide dangerous debris or places where the ground is washed away.
  • Photograph the damage to your property in order to assist in filing an insurance claim.
  • Do what you can to prevent further damage to your property, (e.g., putting a tarp on a damaged roof), as insurance may not cover additional damage that occurs after the storm.

Automobile & Transportation preparedness

  • Keep your gas tank full in case of evacuation or power outages. Store extra in a safe manner, be cautious of container and storage for possible fatal fumes.
  • Car supplies include jumper cables and cell phone chargers.
  • Do not drive through flooded areas. Six inches of water can cause a vehicle to lose control or possibly stall. A foot of water will float many cars.
  • Be aware of areas where floodwaters have receded. Roads may have weakened and could collapse under the weight of a car.
  • If a power line falls on your car you are at risk of electrical shock, stay inside until a trained person removes the wire.
  • The emergency could impact the physical stability of the roadway avoid overpasses, bridges, power lines, signs and other hazards.
  • Keep car away from trees and a possible falling debris.
  • The Waze Connected Citizens Program allows residents to share travel suggestions among drivers using Waze. Download the free Waze mobile application today. Source:

Emergency & Evacuation Assistance Program (EEAP)

  • Residents who require evacuation assistance should register for the Emergency & Evacuation Assistance Program (EEAP) before hurricane season to ensure help will be given following an evacuation order. Assistance may also be provided after an emergency. This program is for individuals with functional and access needs who live alone or with families who:
  • cannot evacuate on their own due to medical or specialized transportation needs
  • are homebound or bedridden, unable to walk and do not have transportation options
  • are on life-sustaining medical equipment that requires electricity
  • require assistance with daily living activities
  • Specialized transportation, safe shelter, medical monitoring and wellness checks are among the services provided for eligible residents. A caregiver or companion should accompany the evacuee throughout the emergency period to ensure the evacuee’s needs are met in a timely manner.
  • Pre-registered residents in the EEAP will receive priority. Visit the Evacuation Assistance webpage found at or call 311 to receive an application and learn more about the program.
  • Residents in nursing homes, assisted living facilities or group homes must follow their own facilities’ emergency plans. Facilities implement their mutual aid agreements should they need to evacuate.
  • Source:


  • The Miami-Dade County Mayor can issue an order directing the evacuation of specific areas of the county deemed to be in danger, based on a hurricane’s track and projected storm surge.
  • All mobile home residents should evacuate when any evacuation order is issued, regardless of their Storm Surge Planning Zone.
  • Residents are encouraged to stay with family or friends who live inland in a nonevacuation area.
  • Evacuation centers should only be considered as a shelter of last resort. Once an evacuation order is given, a list of open evacuation centers will be announced, along with emergency bus pick up sites that will provide transportation to and from the centers. Details will be posted on and available by calling 311.
  • If a designated pickup site is not located near you, use Miami-Dade Transit to get to a pickup location. Advise the bus operator of your intention to go to an emergency evacuation pickup site.
  • Not every evacuation center location will open for every emergency. Decisions are based on the National Hurricane Center’s forecast in order to determine when and where landfall will occur.
  • Each evacuee is allotted 20 square feet of space at an evacuation center, so bring only essential items. All evacuation centers meet Americans with Disabilities Act (ADA) requirements for sheltering. Service animals are permitted.
  • Source:

Evacuation Centers; what to bring

  • Bedding
  • Infant and child care items such as formula, diapers, toys, etc.
  • Cash
  • Personal hygiene items
  • Comfort materials such as books, magazines, etc.
  • Prescription and over-the-counter medications
  • Drinking water
  • Snacks
  • Extra clothing
  • Special items for elderly or disabled family members
  • It is strongly recommended to bring portable electronic devices — such as phones, tablets and battery packs — fully charged as there are limited outlets at evacuation centers.
  • Source:

Water Preparedness

  • Fill aluminum or plastic containers with potable water once a hurricane warning is announced.
  • Plan for at least one gallon per person, per day for three to seven days. In addition, keep other containers two-thirds full with potable water and place them in your freezer for ice after a storm.
  • Before filling your water containers, wash them out with soap and water and rinse them well.
  • Next, fill the container with a solution of one tablespoon of unscented household chlorine bleach — the kind used for laundry — per gallon of water. Let it sit for 10 minutes, then pour out the solution and rinse the container.
  • Source:

Food Preparedness

  • Non-perishable food might not sound particularly delicious to you, especially if you prefer the flavor of fresh, crisp meals. But even though most non-perishable food items out there aren’t winning any taste tests — or beauty contests, for that matter— these products could possibly save your life someday. We don’t know about you, but we think that’s a quality all of us can appreciate.
  • In a worst-case scenario you need healthy non-perishable food that will keep in order to sustain you and your loved ones for at least a few days. But even if you never personally experience such an event, it’s still valuable to inform yourself about the best non-perishable food out there. After all, it can also come in handy for fun activities like camping and backpacking. Additionally, your extra healthy non-perishable foods can be donated to families in need. On top of all that, it’s always good to have a general sense of preparedness when you’re stocking the pantry. You never know who — or what — may drop by for a surprise!
  • No one likes to think about the possibility of an emergency situation, but the truth is that being unprepared for a real crisis is so much worse than just dreading it. Even if you’re safe location-wise during a nightmare scenario, you and your loved ones will still need to eat until it’s safe to move elsewhere — and the last thing you want is to be scared and starving at the same time. That’s why stocking up on filling and healthy non-perishable food well in advance is an absolute must, especially if you live in an area that is at high risk for disasters.
  • recommends storing at least a three-day supply from its list of the best healthy non-perishable foods for emergency situations.
  • Source:

Best Non-Perishable Foods for Emergencies

  • Beef stew, chili, and similar meals with low salt, sugar, & saturated fats
  • Dried or canned legumes such as peas, lentils, peanuts, and beans
  • Pureed foods such as sweet potato, pumpkin, and applesauce
  • Canned fruit, especially with low sugar (but no artificial sweeteners)
  • Canned fish such as salmon, tuna, and sardines
  • Canned chicken, tuna, beef and turkey
  • Peanut butter (plastic jars are preferred)
  • Canned vegetables with low sodium such as green beans and corn
  • Grains that are whole, like brown rice, oatmeal
  • Snacks like granola, breakfast bars, or nuts
  • Condiments like salsa, oil, or salt-free seasonings
  • Canned tomato & pasta sauces
  • Baby formula
  • Jars of baby food & Infant cereal
  • Powdered or canned milk
  • Dry cereal
  • Pancake mix & syrups
  • Concentrated Juice Boxes
  • Dried noodles, pasta
  • Soups
  • Beef Jerky & other dried meats
  • Dehydrated foods
  • Dried fruits
  • Fruit drinks
  • Sugar
  • Salt
  • High-energy foods such as raisins


Additional Preparedness items

  • Cash, Cash Alternatives & Documents

–            Have ready cash; power outages may cause ATM machines to be unavailable.

–            Traveler’s Checks are a good secondary alternative

–            Important family documents such as copies of insurance policies, identification and bank account records saved electronically or in a waterproof, portable container

  • Cooking

–            Fill and/or purchase propane gas canisters for your barbeque grill

–            Matches or lighter in a waterproof container

  • Lighting

–            Extra batteries; recharge any rechargeable batteries for light sources

–            Propane gas canisters & mantles for camping lanterns

  • Prescriptions & Medications:

–            Place additional orders for required prescription medications

–            Non-prescription medications such as pain relievers, anti-diarrhea medication, antacids or laxatives

–            Glasses and contact lenses solution

–            Infant formula, bottles, diapers, wipes, diaper rash cream

  • Sleeping & Clothing

–            Sleeping bag or warm blanket for each person

–            Complete change of clothing appropriate for your climate and sturdy shoes

  • Disinfectants & Others

–            Household chlorine bleach and medicine dropper to disinfect water

–            Fire extinguisher

–            Paper and pencil

  • Hygiene Items

–            Personal hygiene items

–            Mess kits, paper cups, plates, paper towels and plastic utensils

–            Keep kits in a plastic or metal container and in an accessible location that is cool and dry

–            Moist towelettes, garbage bags and plastic ties for personal sanitation

–            Dust mask to help filter contaminated air and plastic sheeting and duct tape

  • Pet Items

–            Pet food and extra water for your pet

–            Medications for your pet

  • Communication

–            Battery-powered or hand crank radio and a NOAA Weather Radio with tone alert

–            Whistle to signal for help

  • Electronics

–            Cell phone with chargers and a backup battery

  • Tools

–            Wrench or pliers to turn off utilities

–            Manual can opener for food

Banesco USA provided loan to the buyer of an office building near Lincoln Road


Senior Reporter, South Florida Business Journal

Banesco USA financed office building near Lincoln Road

An affiliate of Miami-based Integra paid $10.1 million for a three-story office building just north of Lincoln Road in Miami Beach.

Ivy MBT Property, an affiliate of Ivy Realty in Montvale, New Jersey, sold the 33,384-square-foot office building at 1674 Meridian Ave. to 1674 Meridian Ventures LLC, an affiliate of Miami-based Integra led by Nelson Stabile. Banesco USA provided a $12.57 million loan to the buyer.

The price equated to $303 per square foot.

The office building was developed on the 8,250-square-foot lot in 1959. The ground-floor space is retail.

Office space in the building was recently listed for lease online at $34.50 per square foot.

Visit the South Florida Business Journal for more details.

Only Locals Would Know: South Florida Beaches

Only locals would know…

The “Sunshine State” has so much to offer visitors and residents besides​ abundant sunshine, warm weather and beautiful coastlines.

South Florida remains a popular destination for celebrity watchers, great restaurants and nightlife and the Florida Keys are the perfect tropical getaway. If you are planning to visit South Florida beaches, make sure you are aware of what the flags mean.

You might not want to jump in the water when it’s infested with jellyfish, when there is a high surf or when currents are so strong that not even a professional swimmer could overcome them.

South Florida’s beaches use a uniform flag warning system to alert the public of potential safety risks. The flags are color-coded rather than printed with written messages. This is due, in part, to many tourists and locals that are not fluent in English, and also because colors can be easily seen from a distance when words cannot.

According to the local government, the flag color meanings are as follows:

Red flags with a “no swimming” symbol indicate that the water is closed to the public. This includes swimming, boating, surfing, fishing, and wading.

Red flags without a symbol indicate a high hazard from surf and/or currents. While not recommended, swimming and surfing are still permitted if there is a red flag present. However, you should use extreme caution and only go in the water if you are a very strong swimmer.

Yellow flags indicate a medium hazard from moderate surf and/or currents; strong swimmers can still dive in with fairly mild risks.

Green flags indicate a low hazard with calm conditions, but beachgoers should still exercise caution, especially when children are present.

Blue or purple flags indicate a hazard from dangerous marine life, such as a high concentration of poisonous jellies, stingrays, or sharks. These flags are used in conjunction with a red, yellow, or green flag that indicates the current surf/current conditions.

Now that you know what the flag warning system means, go and enjoy South Florida Beaches.

According to the Miami Herald these are the best South Florida beaches in Miami-Dade, Broward and The Florida Keys.

Miami – Dade Beaches


Where: On A1A from 163rd Street to the Broward County line

Crowd: Local residents and families.

Details: William Lane’s new exuberant, Deco-styled pavilion at 163rd Street revisists Sunny Isles Beach’s 1950s-futurism, even though the kitschy area motels are rapidly falling victim to condo creep. Few amenities here, but the beach is fine, and only locals know about it. As for Golden Beach, forget it. That’s for residents only.


Where: On A1A around 10800 Collins Avenue

Crowd: Families, nudists

Details: This long, sloping beach would be rather unremarkable save for one thing: The northernmost section is clothing optional. Otherwise, it’s a somewhat run-down and rugged beach that could use a little refurbishing. Other than serving as Miami-Dade’s only legal haven for nudists, Haulover offers the usual amenities: picnic area, showers, lifeguards and concession stands.


Where: From 87th Terrace to 96th streets

Crowd: Somewhat older residents.

Details: A wholly unpretentious area with a walking path, dunes and no clutter.


Where: On A1A and 72nd Street in Miami Beach

Crowd: Nature lovers

Details: Find long stretches of sand, picnic areas, better than average restrooms, showers and lifeguards. A good nature-lover’s spot, as well, with areas of sea grapes, dunes and decent sand. An often overlooked, but charming gem among Miami-Dade beaches.


Where: Between 22nd and 46th streets behind the hotels.

Crowd: Tourists

Details: The appearance of luxury hotels – Faena, Soho Beach House and Edition, among others – has transformed this beach, which once had a distinct lack of ambiance. You can stroll the boardwalk, but you’re probably not going to come here unless you’re staying in one of the hotels.


Where: Along Ocean Drive from the Government Cut area to about 22nd Street.

Crowd: Anything goes – and does.

Details: The ocean is still the best thing South Beach has to offer. You’ll see tourists and natives here. The natives are usually riding bikes, Rollerblading or running along the path that winds all the way down to South Pointe Park Pier. The fitness-minded work out on the equipment in Lummus Park at Ninth Street,


Where: On Key Biscayne south of the Seaquarium (4000 Crandon Blvd.)

Crowd: Families from inland Miami.

Details: It has a long stretches of soft sand for spreading the towel out and soaking up the sun. Palm trees dot the sand and make shade. This is actually the perfect beach for families. There are lifeguards, some concessions and picnic areas with tables and grills.


Where: End of Key Biscayne.

Crowd: Families, snorkelers.

Details: The well-shaded beach and park is beloved by families who spend weekends at the plentiful barbecue grills and picnic tables, play areas and restrooms. For those seeking serenity, this is one quiet spot to absorb nature. Cape Florida, located at the farthest end of Key Biscayne offers 1.25 miles of sandy beach. Bring along the snorkel and fins, because there’s lots of interesting sea life a few yards away from shore.


Where: 9610 Old Cutler Road in Miami.

Crowd: Families, on the young side.

Details: This isn’t really a beach per se, but it boasts a man-made atoll pool that gets its waters from the tides sweeping Biscayne Bay. The bottom is rather slimy and murky but the surrounding park is lovely and families love it here for good reason. There are picnic pavilions and nature trails.


Where: 9698 SW North Canal Dr., Homestead.

Crowd: Families hunkering down around the BBQ.

Details: Features an atoll beach with amenities including a marina, snack bar, barbecue grills, rental picnic shelter, a playground and lifeguards.

Broward County Beaches


Where: Southeast 10th Street to the Palm Beach County line.

Crowd: Families, fans of fishing, surfers.

Details: A 980-foot pier at the north end provides a great spot to fish (or watch other people fish). Surfing is allowed on the north side of the pier, and volleyball courts are available.


Where: Atlantic Boulevard to Northeast 16th Street.

Crowd: Water sport aficionados, anglers, families.

Details: This big, broad beach has the staples: picnic areas, playground, volleyball courts and parking. It also boasts a municipal pier with a snack bar. Fish from the pier. You can rent a pole; the nearby tackle shop sells bait. Surfers can do their thing north of the pier. Rent water equipment or launch your own – launch area is Northeast 16th Street.


Where: At Commercial Boulevard.

Crowd: Tourists, families with small kids, some locals.

Details: Feel like you’re on vacation even if you live 10 miles away. The town is full of Old Florida-style shops and restaurants, offering ice cream, seashell wares and food served al fresco. Cute motels and Anglin’s Fishing Pier add to the charm. There are no lifeguards, so swim at your own risk.


Where: From Harbor Beach north of Port Everglades Inlet to Oakland Park Boulevard.

Crowd: Everyone. Tourists, families, nature lovers, sports fans, shoppers, spring breakers.

Details: Starting from the south: Harbor Beach, between Port Everglades Inlet and the 17th Street Causeway, boasts powder-soft sand but access is tricky, with no parking in sight. Instead, walk or bike or stay in one of the hotels that front the beach. Families cluster south of Las Olas Boulevard, near the playground and picnic tables, as well as volleyball and basketball courts and equipment rentals. More action awaits just north of Las Olas Boulevard, with the landmark Elbo Room, bars, restaurants, shops, bikers, in-line skaters and that lovely beach wall. At Sunrise Boulevard, Hugh Taylor Birch State Park has a tunnel to the beach; here you can picnic, camp, bike, canoe and more. Serenity reigns as you head north to Oakland Park Boulevard: no shops, no tourists (well, fewer tourists) and also, inevitably, scarce parking.


Where: 6503 N. Ocean Dr., Dania Beach.

Crowd: People who prefer wetlands to hotels and t-shirt shops as a beach backdrop.

Details: The 251-acre park, adjacent to Port Everglades, offers a subtropical coastal hammock with nature trail, wetlands area, picnicking, kayak and canoe rentals and a boat ramp. It sits between the Atlantic and the Intracoastal Waterway.


Where: Dania Beach Boulevard.

Crowd: Folks who love the beach, but not the crowds.

Details: Despite its location near Fort Lauderdale-Hollywood International Airport, Dania Beach is a quiet little jewel with a fishing pier, tiki-style huts and soft sand. If you get hungry, there’s a Quarterdeck restaurant on the pier.


Where: North of Hallandale Beach Boulevard; North Beach Park is at Sheridan Street.

Crowd: Families, couples, exercise buffs and, when the season is right, snowbirds from Quebec.

Details: Hollywood offers a beach for everyone. Want to sunbathe against a backdrop of faded glory? Stake out some sand in front of the old Hollywood Beach Resort at Hollywood Boulevard. Want to shop, bike, eat, people-watch or hear a beachside concert? Hit the Broadwalk; the band shell is at Johnson Street. Want to take the family out for a nature-friendly day in the sand? Try North Beach Park at Sheridan Street, where a sea-turtle hatchery adds an eco note to the fun. The north and south ends of Hollywood Beach are comparatively quiet and uncrowded, with peak activity around the giant Margaritaville resort, which towers over the smaller mom-and-pop motels and businesses.


Where: Hallandale Beach Boulevard and State Road A1A.

Crowd: Condo dwellers

Details: The landmark beach ball water tower stands guard over the county’s southernmost shores. So do the condos. The beach offers bocce ball courts as well as showers, lifeguards, a playground and concession stands.

The Keys


Where: Near the south end of White Street on Atlantic Boulevard in Key West.

Crowd: Families, tourists.

Details: This beach is on the small side, but includes picnic shelters and a pier.


Where: On South Roosevelt Boulevard west of the airport in Key West.

Crowd: Volleyball players, sunbathers, tourists. (It’s Key West, after all.)

Details: A long stretch of sand populated with palms, the beach is a nice place to seek refuge from the excesses of Duval Street. Volleyball nets beckon, as do rental options for water sports.


Where: Between Mile Markers 36 and 37 on Bahia Honda Key.

Crowd: Campers, snorkelers, explorers, fishermen, boaters, shallow-water wanderers and gazers.

Details: You can do just about anything here. Stay overnight in a cabin or tent and wake to the golden sunrise. Swim in the Atlantic or the Florida Bay. Wade through shallow, crystal-clear water. Ride a bike. Boat, fish or just park yourself on the attractive sand and relax.

FDIC and OFR grant regulatory approval to Banesco USA for the acquisition of Brickell Bank

Miami, FL – August 20th, 2019 – Banesco USA, announced today it has received final communications from the Federal Deposit Insurance Corporation (FDIC) and the Florida Office of Financial Regulation (OFR), approving its acquisition of Brickell Bank. At closing of the acquisition, Brickell Bank will be merged into Banesco USA, and the resulting institution will be Banesco USA. The complete conversion of systems of the merged institution is tentatively scheduled for this fall.

“This is a momentous occasion in Banesco’s history, and we’re thrilled that Brickell Bank is a synergetic fit on multiple levels,” said Carlos Palomares, Chairman of the Board of Directors of Banesco USA.

The two organizations signed an Agreement and Plan of Merger for Brickell Bank to be acquired by Banesco USA Bank which was announced on May 14th, 2019.

Once the conversion is complete, Brickell Bank customers will enjoy a broader and more robust set of product and customer service offerings, while Banesco USA will gain entry into the Brickell corridor. The acquiring bank will also enhance its standing in the residential mortgage and trade finance segments. “Geographically, we now have presence across South Florida, including the important Brickell corridor. Additionally, Brickell Bank’s business model expands our offering into segments such as residential mortgages and trade finance. In short, taking care of our valued clients is the top priority, and this partnership greatly enhances our added value-add,” said Jorge Salas, President and CEO of Banesco USA.

The acquisition further accelerates Banesco USA’s momentum having reported record breaking growth in 2018 in its top and bottom-line, expansion to new markets, including a new business center in Aventura, Florida, and a recent “Business of the Year Award” by the South Florida Business Journal.

About Banesco USA

Founded in 2006 and based in Coral Gables,  Banesco USA is an independent Florida state-chartered bank with $1.3 billion in assets as of March 31st, 2019.  Banesco USA is completely independent of  Banesco  in other countries and its deposits are insured by the FDIC. The bank has  five branches in South Florida: Coral Gables, Doral, Hialeah, Weston and Aventura; and one in San Juan, Puerto Rico.  Visit  for information.




Press Contact:

Renee Alvarez

Pinta for Banesco USA

(305) 615-1111 ext 114

Reguladores otorgan aprobación a Banesco USA por la adquisición de Brickell Bank

Miami, FL –20 de agosto de 2019– Banesco USA, anunció hoy que recibió comunicaciones finales de la Corporación Federal de Seguro de Depósitos (FDIC) y la Agencia de Regulación Financiera de Florida (OFR), aprobando su adquisición de Brickell Bank.  Al cierre de la adquisición, Brickell Bank se fusionará con Banesco USA, y la institución resultante será Banesco USA. La conversión completa de los sistemas de la institución fusionada está programada tentativamente para este otoño.

“Esta es una ocasión trascendental en la historia de Banesco, y estamos muy entusiasmados de que Brickell Bank sea una opción sinérgica en varios niveles”, comentó Carlos Palomares, Presidente de la Junta de Directores de Banesco USA. 

Las dos organizaciones firmaron un Acuerdo y un Plan de Fusión para que Brickell Bank sea adquirido por Banesco USA Bank, que se anunció el 14 de mayo de 2019.

Una vez que se complete la conversión, los clientes de Brickell Bank disfrutarán de propuestas de productos y servicio al cliente más amplias, mientras que Banesco USA podrá ingresar al área de Brickell. El banco comprador también mejorará su presencia en los segmentos de hipotecas residenciales y financiamiento de operaciones comerciales. “A nivel geográfico, ahora tenemos presencia en el sur de la Florida, lo que incluye la importante área de Brickell. Además, el modelo empresarial de Brickell Bank expande nuestra propuesta a segmentos como los de hipotecas residenciales y financiamiento de operaciones comerciales. En pocas palabras, cuidar de nuestros valiosos clientes es la principal prioridad y esta sociedad mejora muchísimo nuestro valor agregado”, añadió Jorge Salas, Presidente y CEO de Banesco USA.

Además, la adquisición acelera el impulso de Banesco USA, que ya reportó un crecimiento récord en 2018 en sus ingresos y resultados financieros, expansión a nuevos mercados, que incluye un nuevo centro de negocios en Aventura, Florida, además de haber obtenido recientemente el premio “Business of the Year Award” del South Florida Business Journal. 


Sobre Banesco USA

Fundado en 2006 y con sede en Coral Gables, Banesco USA es un banco independiente autorizado por el estado de Florida con $1.3 mil millones en activos a fecha del 31 de marzo de 2019. Banesco USA es completamente independiente de Banesco en otros países y sus depósitos están asegurados por la FDIC. El banco tiene cinco sucursales en el sur de Florida: Coral Gables, Doral, Hialeah, Weston y Aventura; y una en San Juan, Puerto Rico. Visite para obtener información.




Contacto de prensa: 

Renee Álvarez

Pinta for Banesco USA

(305) 615-1111 ext. 114

Banesco USA is ranked #5 in “100 Fastest Growing Companies in Miami”

MIAMI – August 13th, 2019 –  Banesco USA announced that it has been ranked #5 in Growjo’s “100 Fastest Growing Companies in Miami”. The bank’s ranking is based on a series of high-growth indicators that include employee size, brand awareness, funding, acquisitions, hiring plans, new locations and additional trigger events that formulate and predict the company is growing at an increased rate and/or is poised to grow significantly over the next 3-6 months, according to Growjo.

“We are proud of the recognition and of the collective efforts of our entire team, which is without doubt our biggest asset,” said Jorge Salas, Banesco USA President and CEO.

Rankings on Growjo 10000 reports are based on a data point algorithm formulated to identify companies that are on a steadily increasing growth path, according Tom Blue, CEO of Growjo. “We are excited to share the achievements of the company rankings on our site because they represent the highest growing companies and those companies that are predictively poised for growth in the foreseeable future,” he said.

As further evidence of the company’s growth, the Coral Gables-based bank announced recently it has entered into an agreement to acquire Brickell Branch. Geographically, this is an entrée to the Brickell corridor which remains the epicenter of finance both here and across the region. The bank also reported 2018 increases in its total loans by 16 percent, total assets by 19 percent, and deposits by 20 percent as well as receiving a capital injection of $11 million from its shareholders to close the year.



Banesco USA ocupa el puesto n.° 5 en “Las 100 compañías de más rápido crecimiento en Miami”

MIAMI – 13 de agosto de 2019 – Banesco USA anunció que ha sido clasificada como la número 5 en las “100 compañías de más rápido crecimiento en Miami”. La clasificación del banco se basa en una serie de indicadores de alto crecimiento que incluyen el tamaño de la plantilla de empleados, el reconocimiento de la marca, la financiación, las adquisiciones, los planes de contratación, las nuevas ubicaciones y los eventos de activación adicionales que formulan y predicen que la compañía está creciendo a un ritmo acelerado y/o está preparado para crecer significativamente en los próximos 3-6 meses, según Growjo.

Estamos orgullosos del reconocimiento y del esfuerzo colectivo de todo nuestro equipo, que es sin duda nuestro mayor activo ”, dijo Jorge Salas, Presidente y CEO de Banesco USA.

Las clasificaciones en los informes Growjo 10000 se basan en un algoritmo de puntos por datos formulado para identificar empresas que están en una senda de crecimiento en constante desarrollo, según Tom Blue, CEO de Growjo. “Estamos entusiasmados por compartir los logros de las clasificaciones de las empresas en nuestro sitio porque representan a las empresas de mayor crecimiento y aquellas que se pronostican van a crecer en el futuro próximo”, dijo.

Como evidencia adicional del crecimiento de la compañía, el banco con sede en Coral Gables anunció recientemente que ha firmado un acuerdo para adquirir Brickell Branch. Geográficamente, esta es una entrada al corredor de Brickell que sigue siendo el epicentro de las finanzas tanto aquí como en toda la región. El banco también informó incrementos en 2018 en sus préstamos totales en un 16 por ciento, activos totales en un 19 por ciento y depósitos en un 20 por ciento, además de recibir una inyección de capital de $11 millones de sus accionistas para cerrar el año.


BANESCO USA Firma Acuerdo Para Adquirir Brickell Bank

Adquisición marca año de hitos para Banesco USA el cual recién anuncio crecimiento record, expansión a nuevos mercados y fue premiado “Negocio del Año” por South Florida Business Journal

MIAMI, FL – 14 DE MAYO DE 2019 – Banesco USA, recientemente nombrado “Negocio del Año” por South Florida Business Journal, anunció hoy un acuerdo para adquirir a Brickell Bank de su principal accionista, Banco Espirito Santo, SA Liquidación (“BES”). La entidad combinada llevará el nombre y la marca corporativa de Banesco USA. La transacción está sujeta a aprobación regulatoria.

El acuerdo impulsa aun mas a Banesco USA, el cual ha experimentado un crecimiento récord en cuanto ingresos y rentabilidad y continúa su expansión a nuevos mercados incluyendo la esperada apertura de un nuevo centro de negocios en Aventura, Florida.

“Estamos encantados de anunciar esta transacción y creemos que Brickell Bank representa un complemento excepcionalmente estratégico en múltiples niveles,” dijo Jorge Salas, presidente y director ejecutivo de Banesco USA. “Geográficamente, representa una entrada a la zona de Brickell que sigue siendo el epicentro de las finanzas aquí y para la región. Además, el modelo de negocios de Brickell Bank refuerza la estrategia de Banesco USA al abrir puertas a otros niveles en los segmentos de hipotecas residenciales y financiamiento comercial.

Brickell Bank, ubicado en el centro de Brickell y fundado en 1973, ofrece una amplia gama de servicios financieros personales y corporativos para su clientela local e internacional.

“Estamos entusiasmados con el potencial de ser parte de Banesco USA y lo que significa para nuestros clientes. Los recursos, la escala, la huella geográfica y el conjunto completo de productos y servicios bancarios de Banesco USA resultarán en servicios expandidos para nuestros clientes y tendrán un mayor alcance,” dijo G. Frederick Reinhardt, Presidente y CEO de Brickell Bank. “El 2019 ha tenido un comienzo sobresaliente con la firma de este acuerdo de fusión y el levantamiento de la orden de consentimiento AML / BSA,” continuó el Sr. Reinhardt.

Banesco USA es una institución con profundas raíces en las comunidades a las que sirve, teniendo un sólido balance y un historial exitoso de adquisición e integración de instituciones financieras. Su misión es proporcionar la mejor y más segura experiencia bancaria respaldada por nuevas tecnologías capaces de hacer la banca más cada vez mas conveniente para sus clientes. Banesco USA tanto como Brickell Bank son empresas altamente comprometidas con sus comunidades, y la entidad combinada continuará apoyando un fuerte programa de reinversión comunitaria.

Avila Rodriguez Hernandez Mena & Ferri LLP se desempeñaron como asesores legales de Banesco USA y Shutts & Bowen LLP se desempeñó como asesor legal de Brickell Bank.


Sobre Banesco USA
Fundado en 2006 y con sede en Coral Gables, Banesco USA es un banco independiente del estado de la Florida ( con $ 1.3billion en activos desde el 31 de marzo de 2019. Banesco USA es un holding independiente  y sus depósitos están asegurados por la FDIC. El banco tiene cuatro sucursales en el sur de la Florida: Coral Gables, Doral, Hialeah y Weston; y uno en San Juan, Puerto Pico. Además, tiene previsto abrir una sucursal en Aventura, FL, en el segundo trimestre de 2019. Banesco USA tiene una calificación de 5 estrellas del servicio de calificación de Bauer Financial y una calificación de BB-Fitch. Visita a para mayor información.

Sobre Brickell BankBrickell Bank, Florida, con sede en Florida desde 1973, se dedica a a proporcionar servicios de gestión patrimonial, servicios bancarios personales y corporativos, préstamos inmobiliarios residenciales y comerciales, seguros y servicios de financiación a individuos, instituciones y corporaciones nacionales e internacionales. Brickell Bank ofrece servicios de Wealth Management a sus clientes de Banca Privada a través de su agente y corredor, Brickell Global Markets, Inc. (miembro de FIINRA / SIPC), servicios de asesoría de inversiones a través de Brickell Global Advisory, Inc. un asesor de inversiones registrado en Florida y soluciones de seguros a través de Brickell Global Insurance, Inc. Para obtener información adicional, visite



Acquisition Caps Banner Year for Banesco USA, with Double Digit Growth, Expansion to New Geographic Markets and Recently Named ‘Business of the Year’ by South Florida Business Journal


MIAMI, FL – MAY 14, 2019 – Banesco USA, recently named ‘Business of the Year’ by the South Florida Business Journal, announces today its entry into an agreement to acquire Brickell Bank from its principal shareholder, Banco Espirito Santo, S.A. – in liquidation (“BES”). The combined entity will carry the name and corporate branding of Banesco USA. The transaction is subject to regulatory approval.

The move accelerates momentum for Banesco USA, which has experienced record-breaking growth in top and bottom-line and continues its expansion to new markets (including a new business center opening soon in Aventura, Florida).

“We’re thrilled to announce this transaction and believe Brickell Bank is an exceptionally strategic fit on multiple levels,” said Jorge Salas, President & Chief Executive Officer of Banesco USA. “Geographically, this is an entrée to the Brickell corridor which remains the epicenter of finance both here and across the region. Furthermore, Brickell Bank’s business model enhances Banesco USA’s strategy by taking us to another level in the residential mortgage and trade finance segments.”

Brickell Bank, located in the heart of Brickell and chartered since 1973 provides a wide range of personal and corporate financial services to their local and international clientele.

“We are excited at the potential of becoming a part of Banesco USA and what it signifies for our clients. Banesco’s resources, scale, geographic footprint, and comprehensive suite of banking products and services will provide our clients with expanded services and reach,” says G. Frederick Reinhardt, Chairman & CEO of Brickell Bank.  “2019 is off to an outstanding start with the signing of this Merger Agreement and the lifting of the AML / BSA consent order,” continued Mr. Reinhardt.

Banesco USA is an institution with deep roots in the communities it serves, a strong balance sheet and track record of acquiring and successfully integrating financial institutions. Its mission is to provide the best and safest banking experience enhanced by the latest technology to make banking more convenient to its customers. Both Banesco USA and Brickell Bank are deeply committed to their communities, and the combined entity will continue to support a strong community reinvestment program.

Avila Rodriguez Hernandez Mena & Ferri, LLP served as legal advisor to Banesco USA and Shutts & Bowen LLP served as legal advisor to Brickell Bank.


About Banesco USA

Founded in 2006 and based in Coral Gables, Banesco USA is an independent Florida state-chartered bank ( with $1.3 billion in assets as of March 31st, 2019. Banesco USA is completely independent of Banesco in other countries and its deposits are insured by the FDIC. The bank has four branches in South Florida: Coral Gables, Doral, Hialeah and Weston; and one in San Juan, Puerto Rico. It plans to open a branch in Aventura, FL in second quarter of 2019. Banesco USA has a 5-star rating from the Bauer Financial rating service and a BB- Fitch Rating. Visit for information.


About Brickell Bank

Brickell Bank, Florida chartered since 1973, is dedicated to its core strategy of providing wealth management, personal and corporate banking services, residential and commercial real estate lending, insurance, and trade finance services to domestic and international individuals, institutions and corporations. Brickell Bank offers Wealth Management services to its Private Banking clients through its broker/dealer, Brickell Global Markets, Inc. (Member of FIINRA/SIPC), investment advisory services through Brickell Global Advisory, Inc. a Florida registered investment advisor and insurance solutions through Brickell Global Insurance, Inc. For additional information, please visit




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