Banking Board Convened Meeting and Honored Members
For Immediate Release No. 12-15
February 27, 2015
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Regina Watson, Public Relations Officer
Ph: (340) 774-2991 ext. 4122
Fax: (340) 774-6953
Banking Board Convened Meeting and Honored
For their Contributions
Virgin Islands Banking Board held its first meeting for the year on February
19, 2015 at Government House on St. Croix. Honorable Lieutenant Governor
Potter, Chairman of the Banking Board, was an observer at the meeting as he was
acting Governor during Honorable Governor Kenneth E. Mapp’s absence from the
territory. Finance Commissioner Designee/Banking Board Secretary Valdimier
Collens chaired the meeting. Also in attendance was Gwendolyn Hall Brady,
Director of the Division of Banking and Insurance. The meeting addressed
various banking related issues, as well as honored four (4) members of the
the meeting, the Banking Board approved FirstBank’s request to relocate its St.
John Branch at 95B Cruz Bay Town to a new modern facility inside of the
Marketplace Commercial Shopping Center located in Estate Enighed. Scotiabank’s
request to relocate its Mortgage Servicing Center from the Waterfront to its
Main Branch at Altona and Welgunst was also approved by the Banking Board.
Banking Board recognized four board members for their years of service at the
meeting; Mr. Ernesto Gutierrez, Mr. Winston Bennett, Attorney Desmond Maynard,
and Mr. Pablo O’Neill.
Mr. Gutierrez has dedicated his time
and service since April 21, 1995 to the Banking Board. Mr. Gutierrez worked
during the Vietnam War as a Brigade Clerk before relocating and settling on St.
Croix where he joined the Banking Board.
Mr. Bennett has served
since June 29, 1995 and Attorney Maynard has served since May 3, 1995.
Mr. O’Neill has dedicated his service to the Banking
Board since August 9, 1994. He is a Certified Public Accountant in the
U.S. Virgin Islands and Puerto Rico; and he is also the chairman of Virgin
Islands Board of Public Accountancy.
Lieutenant Governor Osbert E. Potter expressed
appreciation to the members for almost 20 years of service on the board. Mr.
O’Neill’s son Paul O’Neill accepted the award on behalf of his father. During their time on the board, these members
oversaw the growth and expansion of the financial services industry in the