Secrecy Of Bank Deposits Us

Louis M. Ferreira Joins Banesco U.S.A. As Executive Vice President / Chief Credit Officer.

CORAL GABLES Fla., April 13, 2013 /PRNewswire/ — In accordance with
Banesco USA’s push for Diversified Prudent Growth for Sustainable
Profitability, the Bank has hired Louis M. (Lou) Ferreira as Executive
Vice President & Chief Credit Officer. Mr. Ferreira brings to
Banesco USA a wealth of executive banking experience, both in the public
and private sectors. In this new position, he will oversee Banesco
USA’s credit risk activities in Florida and Puerto Rico. “We
are very proud and enthusiastic to bring Lou Ferreira on board,”
stated Banesco USA Chief Executive Officer Rafael (Rafo) Saldana.
“He is a proven credit expert, and his vast expertise in bank
oversight, BSA and anti-money laundering is a unique combination of
assets for Banesco.”


Mr. Ferreira has most recently served as National Bank Examiner in
Office of the Comptroller of the Currency

 (OCC) at the U.S.
Department of the Treasury. There he supervised all OCC business lines,
including community, mid-size and large banks. As a senior examiner, he
led reviews and has firsthand knowledge in dealing with complex
financial institutions in New York and South Florida.

Prior to serving at the OCC, Ferreira was Chief Lending Officer at
Banco Santander Central Hispano, S.A. in
New York City
 see New York, city.

New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, where he managed
a $4 billion loan portfolio comprised of domestic corporate and emerging
markets. He has also served as Commercial Lending Officer at National
Westminster Bank, N.A. in New Jersey, and as Director of Urban Affairs
at the Newark Housing Development and Rehabilitation department for the
City of Newark, N.J.

Ferreira is a Commercial Credit specialist and a
Bank Secrecy Act

Anti-Money Laundering (BSA/AML) regulatory expert. He is a Commissioned
National Bank Examiner by the U.S. Department of the Treasury, and a
Certified Anti-Money Laundering Specialist by the Association of
Anti-Money Laundering Specialists (ACAMS). He holds a B.A. in Urban
Studies and Community Development from Rutgers University.

About Banesco U.S.A. Banesco USA is a State of Florida Chartered
bank with deep roots in the community, both in South Florida and Puerto
Rico. It is rated “well capitalized” and its strong capital
position allows it to provide funds to clients investing in worthy
commercial or real estate projects. With a mantra of Diversified Prudent
Growth for Sustainable Profitability, it responds to a client’s
financial needs much faster than other banks with their main offices
outside the state. A member of the
Federal Deposit Insurance Corporation
 (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000.

See Federal Deposit Insurance Corporation (FDIC).
), Banesco USA has its main offices at Banesco Center, 150 Alhambra
Circle, in Coral Gables, Florida. For more information, visit