Press Release

The Virgin Islands Banking Board at its regular meeting of Wednesday, February 17, 2021, received reports from each of the Territory’s banks, with all reports showing robust growth and other features which bode well for the economy of the U.S. Virgin Islands. Acting Governor Tregenza A. Roach, Esq. who also serves as the Chairman of the...

Lieutenant Governor Tregenza A. Roach, Esq., who also serves as the Virgin Islands Commissioner of Insurance, announces that health insurance companies authorized to conduct business in the Territory are required to waive any cost sharing for COVID-19 vaccinations- including deductibles, co-insurance, and co-payments. There are three health...

At its meeting today, the Virgin Islands Banking Board chaired by Lieutenant Governor Tregenza A. Roach, accepted Oriental Bank’s report that it has addressed all of the Board’s requirements following the bank’s recent conversion challenges including reimbursements to clients who suffered a financial hardship. The Board also entered...

Lieutenant Governor Tregenza A. Roach, Esq. has announced that he has given full authority to the Office of the Tax Collector of the Virgin Islands to waive all interest and penalties on real property taxes. The waiver is effective immediately and will continue until June 30, 2021. Taxpayers are encouraged to contact the Office of the Tax...

Lieutenant Governor Tregenza A. Roach, Esq., who also serves as Chairman of the Virgin Islands Banking Board, is encouraging Virgin Islanders to spend locally during the holiday season as a means of helping to rebuild the Territory’s economy, but to make sure that in spending, residents protect their credit score. “The failure to protect...