Is banks vs mainland
Please Register / Login to take part in discussions about the Virgin Islands.
I am moving to STX in 2 months and am hoping find a bank that has branches in my current state CO and any of the USV Islands. Can anyone point me in a direction to get some info on current lists or complete lists of banks.
Thank you so much in advance.
There aren't that many banks here and you can find them in the yellow pages of the local telephone book - www.viphonebook.com
There are no local banks with stateside consumer branches.
Scotia Bank (AKA Bank of Nova Scotia) has branches here and throughout the Caribbean (exclusive of Puerto Rico, I think), and has partnerships with banks in other countries. I know Bank of America is one of their partners, so you can use Scotia ATMs just like BofA (I think). I love ScotiaBank, because they have branches throughout the Caribbean so it's easy to get the local currency when you island hop. They're also one of the top 10 stable banks (in the world? in North America? Not sure where.) But, they're not FDIC insured since they're Canadian.
Other than Scotia, we have First Bank and Banco Popular. I've heard that neither of them are doing well, so there's a possiblity that either/both may be acquired at some point.