**Banesco USA** is a banking institution that deals with personal and business banking-related services. The summary about Banesco USA in regard to history, services, and the current state is as outlined below:
### Overview
– **Name**: Banesco USA
– **Type**: Bank
– **Location**: Headquartered in Miami, Florida, with branches located elsewhere.
### History
1. **Founding and Background:**
– **Established**: Banesco USA was founded in 2006.
– **Parent Company**: This bank is a subsidiary of the big financial group Banesco International, based in Venezuela. The parent company has operations in several countries, including Spain and the Dominican Republic.
2. **Growth and Expansion**:
– **Initial Focus**: Initial focus was on serving the needs of the Hispanic community and international clients of the U.S.
– **Growth**: Over the years, Banesco USA has grown both in services offered and branches to reach a more extensive community of clients.
### Services
The bank offers various products in banking. These are:
– **Personal Banking**:
– **Savings Accounts**: It offers several types of savings accounts.
– **Checking Accounts**: It offers various checking account products, some with special features that meet specific individual needs.
– **Loans**: Personal loans and home mortgages.
– **Business Banking**:
– **Business Accounts**: Business Checking and business savings accounts for business clients.
– **Loans and Lines of Credit**: Small to medium-sized business financing solutions.
– **Merchant Services**: Processing payment solutions for businesses.
– **International Banking**:
– **International Services**: Products and services that can help international clients and businesses with services such as currency exchange and international wire transfers.
Community Involvement
– **Local Engagement**: Banesco USA is actively involved in the local communities it serves. This mostly comprises supporting local events, charity works, and activities for the welfare of the local population.
### Recent Developments
1. **Modernization**: As most banks have been doing, Banesco USA has been modernizing to the changing technological times by introducing internet and mobile banking for the added convenience of its customers.
2. **Market Positioning**: Using international experience with a nucleus of local expertise continues to build its presence within the United States banking market to service a very diversified customer base.
### Present Status
The latest reports available from this bank stated that Banesco USA is still operational and offering numerous banking services. Banesco USA has focused itself on personal service and, through its international ties, services business and individual customers alike.
For the most current information, including recent developments or changes in services, one would have to visit the official website of Banesco USA or contact its different branches.