Lieutenant Governor Tregenza A. Roach, Esq. who also serves as the Chairman of the Virgin Islands Banking Board, announces that the Board will meet on Thursday, April 21st and Friday, April 22nd at 10:00 a.m. to receive “State of the Bank” reports from Virgin Islands banks and receive updates on products and services available to customers in the Territory.

The Board’s agenda includes operational updates from representatives of FirstBank, Oriental Bank, Bank of St. Croix, Merchants Bank, Banco Popular, and the Economic Development Bank. The Board will also meet to provide clarification regarding entities seeking to be licensed as a money transmitter to conduct cryptocurrencies and/or virtual currency services.

In adhering to recommended guidelines set by the Centers for Disease Control and Prevention (CDC) regarding social distancing, the meeting will be held virtually.

To request access to the Banking Board meeting, please RSVP by emailing Please note that participation is limited to audio only. Members of the public will not have the ability to ask questions during the Board meeting.