USCB Financial Holdings, Inc. Names Sergio Garrido Chief Credit Officer; Announces Retirement of William “Bill” Turner

Rhea-AI Summary

USCB Financial (NASDAQ:USCB), holding company for U.S. Century Bank, appointed Sergio E. Garrido as Senior Vice President and Chief Credit Officer effective July 6, 2026, succeeding William “Bill” Turner, who retires July 3, 2026.

The planned transition emphasizes continuity of the Bank’s disciplined credit culture and promotion from within.

Positive

• Planned Chief Credit Officer transition with minimal gap between dates
• New CCO Sergio Garrido has over 15 years of commercial credit experience
• Garrido has more than 11 years of tenure at U.S. Century Bank
• Leadership continuity for credit culture highlighted as a strategic priority
• Internal promotion underscores commitment to developing in-house leadership talent

Negative

• Retirement of longtime credit leader William Turner after four-decade banking career
• Leadership change in a key risk and credit oversight role

News Market Reaction – USCB

+1.37%

+1.37% Session close to close

In the Jun 2 session, USCB gained 1.37%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MIAMI, June 01, 2026 (GLOBE NEWSWIRE) -- USCB Financial Holdings, Inc. (the “Company”) (NASDAQ: USCB), the holding company for U.S. Century Bank (the “Bank”), today announced that Sergio E. Garrido has been appointed Senior Vice President and Chief Credit Officer of the Bank, effective July 6, 2026.

Garrido succeeds William “Bill” Turner, who will retire on July 3, 2026, following a distinguished banking career spanning more than four decades. “We are very grateful to Bill for his leadership and many contributions to U.S. Century Bank, and we wish him the very best in his retirement,” said Luis de la Aguilera, Chairman, President and CEO. “He has been a trusted and valued colleague, and we will miss his partnership.”

Garrido brings more than 15 years of commercial credit and credit risk management experience, including over 11 years at the Bank. Most recently, he served as Director of Credit Underwriting, where he led the credit underwriting organization, working side by side with the credit team, lenders, regulators, auditors, and executive leadership to help build the strong credit portfolio the Bank is known for today. Garrido also played an integral role in supporting the Bank during its initial public offering in 2021 and continued evolution as a public company.

“Sergio’s deep institutional knowledge, strong credit judgment, and proven leadership make him well prepared to assume the role of Chief Credit Officer,” said de la Aguilera. “Our board of directors and management team have full confidence in his ability to lead our credit organization.”

This appointment reflects a carefully planned transition designed to ensure continuity of the Bank’s disciplined credit culture, while underscoring its commitment to developing talent from within the company.

“Sergio’s involvement over the past 11 years spans virtually every loan decision and strategic credit initiative,” added de la Aguilera. “His appointment demonstrates our commitment to thoughtful and seamless succession planning and to developing our next generation of leaders.”  

Garrido holds an MBA from the University of Florida and a bachelor’s degree from Florida International University. 

About USCB Financial Holdings, Inc.
USCB Financial Holdings, Inc. is the bank holding company for U.S. Century Bank. Established in 2002, U.S. Century Bank is one of the largest community banks headquartered in Miami, and one of the largest community banks in the state of Florida. U.S. Century Bank is rated 5-Stars by BauerFinancial, the nation’s leading independent bank rating firm. U.S. Century Bank offers customers a wide range of financial products and services and supports numerous community organizations, including the Greater Miami Chamber of Commerce, the South Florida Hispanic Chamber of Commerce, and ChamberSouth. For more information or to find a U.S. Century Bank banking center near you, please call (305) 715-5200 or visit www.uscentury.com.

Contacts:
Investor Relations
InvestorRelations@uscentury.com

Media Relations
Martha Guerra-Kattou
MGuerra@uscentury.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cb8ea2be-784a-4e39-95c8-7a5e0b3a84ee

FAQ

Who is the new Chief Credit Officer of U.S. Century Bank (NASDAQ: USCB)?

Sergio E. Garrido has been appointed Senior Vice President and Chief Credit Officer. According to USCB, he brings over 15 years of commercial credit and risk management experience and has spent more than 11 years in various credit leadership roles at the Bank.

When does Sergio Garrido become Chief Credit Officer at USCB Financial (USCB)?

Sergio Garrido’s appointment as Chief Credit Officer is effective July 6, 2026. According to USCB, this follows the retirement of William “Bill” Turner on July 3, 2026, creating a closely timed and planned leadership transition in the credit organization.

When is William "Bill" Turner retiring from U.S. Century Bank, part of USCB Financial?

William “Bill” Turner will retire on July 3, 2026. According to USCB, his retirement concludes a banking career spanning more than four decades and a leadership role guiding the Bank’s credit function as Chief Credit Officer.

What experience does Sergio Garrido bring to the USCB (NASDAQ: USCB) Chief Credit Officer role?

Sergio Garrido has over 15 years of commercial credit and credit risk management experience. According to USCB, he previously served as Director of Credit Underwriting and has been involved in virtually every loan decision and strategic credit initiative over the past 11 years.

How does USCB Financial describe the succession planning for its new Chief Credit Officer?

USCB describes the appointment as a carefully planned transition designed to ensure continuity of its disciplined credit culture. According to USCB, promoting Sergio Garrido reflects a commitment to thoughtful succession planning and developing the next generation of leaders from within the company.