US Century Bank: South Florida's Hispanic American-Owned Bank Receives a 4-Star Overall Rating

In the world of banking, where choices abound, finding the right institution to trust with your hard-earned money can be a challenging task. One such option, US Century Bank, has garnered attention as a Hispanic American-owned financial institution in the heart of South Florida. In this review, we'll take a closer look at the bank's offerings, its strengths, and areas where it may fall short.

Rating Breakdown

Before diving into the details, let's examine US Century Bank's insider rating, which provides valuable insights into various aspects of its services. The bank scores as follows:

Savings: 3.5 stars
Checking: 3.75 stars
CD (Certificate of Deposit): 4 stars
Money Market Account: 3.5 stars
Trustworthiness: Perfect score of 5 stars
This culminates in an overall rating of 4 stars, making US Century Bank a noteworthy contender in the financial arena.

The Pros and Cons

Every bank has its strengths and weaknesses, and US Century Bank is no exception. Here's a quick glance at what it has to offer:


Hispanic American-owned bank: US Century Bank stands out as a Hispanic American-owned institution, supporting diversity and inclusivity in the banking sector.
Free checking account: The bank offers free checking accounts, relieving customers of monthly or quarterly service fees.


Regional limitation: US Century Bank's services are exclusively available in South Florida, potentially limiting its accessibility to a broader audience.
Low savings interest rate: While the bank's Personal Savings Account has its merits, its interest rates may not match the competitive offerings of online banks.
Service fees: Some accounts may incur monthly or quarterly service fees, which can be a drawback for budget-conscious customers.
About US Century Bank

US Century Bank, with a strong presence in Miami, Miami Lakes, Hialeah, Coral Gables, Aventura, and Hollywood, operates a network of 11 branches. Customers benefit from free access to ATMs within the US Century Bank network, as well as those in CUHere, NYCE, SUM, Mastercard, and Pulse networks.

Branches are open for business from Monday through Thursday, operating from 9 AM to 4 PM ET, and on Fridays from 9 AM to 5 PM ET.

The US Century Bank mobile app enjoys a moderately favorable rating of 3.0 out of 5 stars on the Apple Store, while Google Play users have rated it higher at 4.7 out of 5 stars.

Deposits held with US Century Bank are FDIC-insured, offering peace of mind with coverage of up to $250,000 or up to $500,000 for joint accounts.

The Role of Hispanic American-Led Financial Institutions

Hispanic American-owned financial institutions like US Century Bank play a pivotal role in bridging financial gaps and providing essential services to underserved communities. Their presence contributes to addressing banking disparities within the Hispanic American population.

US Century Bank actively participates in community and school events, reflecting its commitment to community engagement and support.

Is US Century Bank Trustworthy?

US Century Bank has maintained a clean record without any recent public controversies. Furthermore, the Better Business Bureau (BBB) has bestowed upon it an A+ rating. This esteemed grade indicates the bank's effectiveness in responding to customer complaints, ethical advertising, and transparency in its business practices.

However, it's worth noting that while a high BBB rating is a positive sign, personal experiences and online customer reviews should still be considered when evaluating the bank's overall reputation.

US Century Bank's Account Offerings

US Century Bank presents a range of account options, each with its own features and considerations:

Personal Savings Account: This account carries a manageable $5 quarterly service fee, which can be waived by maintaining a daily balance of $250. However, for those seeking higher interest rates, alternative high-yield savings accounts from online banks might be a more attractive option.

Personal Checking Account: US Century Bank's Personal Checking Account offers the advantage of no monthly or quarterly service fees. Nevertheless, customers should be aware of potential ATM fees if they do not have access to US Century Bank's free ATM network.

CD (Certificate of Deposit): US Century Bank offers CD rates that align with industry averages for most terms. Additionally, it imposes relatively low early withdrawal penalties, providing flexibility to account holders.

Gold Personal Money Market Account: Maintaining a $500 balance in this account enables customers to avoid the $10 monthly service fee. This account includes a debit card and paper checks, making it a suitable choice for those looking to securely store an emergency fund while maintaining easy access to their savings.

In conclusion, US Century Bank presents a compelling option for those in South Florida, particularly those who value diversity in financial institutions and the convenience of a free checking account. However, potential customers should carefully weigh the bank's offerings against their individual financial needs and preferences to make an informed decision about their banking partner.