The board of directors of U.S. Century Bank has appointed Aida Levitan, Ph.D as chairman of the board effective May 1.
Levitan replaces Alex Acosta, who was confirmed by the U.S. Senate as labor secretary on April 27.
Levitan is the president of the marketing and consulting firm The Levitan Group. She is the founder of ArtesMiami Inc., the non-profit group that fosters and supports Hispanic artists and cultural organizations in South Florida. Levitan also serves on the boards of the Miami Spanish Cultural Center and the National Friends of the American Latino Museum.
“It is an honor to have the opportunity to build on the strong foundation left by Alex Acosta, a truly outstanding chairman,” Levitan said in a statement. “U.S. Century Bank has been developing and expanding programs to attract diverse markets. I look forward to working with the executive management team and employees in order to become the number one community bank in Florida, not only in terms of size but also in terms of the quality of our services and our bankers.”
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U.S. Century Bank was established in 2002 and is headquartered in Miami. It is one of the largest Hispanic-owned banks in the U.S., with assets of nearly $1 billion.
The bank reported a net income of $1.9 million for the quarter ending March 31, 2017.
“Throughout Aida’s career, she has consistently demonstrated strong leadership and a commitment to our community,” said Luis de la Aguilera, president and CEO of U.S. Century Bank, in a statement.“We are confident that under her direction, USCB will continue to build on its current momentum, generate sustainable growth, and continue to expand outreach as one of the largest Hispanic-owned community banks in the U.S.”