12 Jan

HBL & Hand In Hand Ministries

HBL & Hand In Hand Ministries

Heritage Bank & Hand In Hand Ministries - Partner to build home for deserving citizen!

This year marked the second time around that Heritage Bank has teamed up with Hand in Hand Ministries to ‘Lend a Hand and Change a Life,’ and we are honored to have helped them built the 360th home for a deserving family. NGO’s such as Hand in Hand Ministries can’t do it alone therefore it was our honor to once again be a part of this endeavor. To make this a success each payday our staff members committed to giving a dollar towards this initiative and the bank matches the remaining cost of the house.

Mahatma Gandhi once said, “The best way to find yourself is to lose yourself in the service of others.” It’s easy to get caught up in the day-to-day routine of work and our social life that we often take things that we have for granted. Giving back to the community was an eye opener to many of our staff members because it made us much more appreciative of what we have. It also gave us the opportunity to see a part of the community that many of us don’t get to see very often.

I was a bit skeptical about how we could even finish an entire house within three days, but we did it, because we knew we had a job to get done and we were determined to finish within the expected timeframe. On the second day the manual labor started to take a toll on most of our bodies and that’s when most of us started to say how grateful we were for our office job. Mr. Ferguson and his family were there every day and helped in whichever way they could have. Despite being confined to a wheelchair Mr. Ferguson tried to be around all the action, and if he could have gotten up to help he would have.

I knew we all felt a great sense of gratitude as we saw the house come together and we knew that we had played a vital role in building it. Mr. Ferguson’s wife kept saying “this is not a house, but a mansion.” Indeed, it was just a house to many of us but to her and her family it was a mansion. After three days of hard work the smiles on their faces were all that mattered to us. We had not only built a home for a deserving family, but we developed a bond and gained another family. The Heritage Family is growing and as long as we are fortunate we will continue to give back to the community because the biggest reward is realizing that we’ve made a significant change in someone’s life.

Contributed by: Cherrange Velasquez, Human Resources Support




12 Jan

Orange Walk Opening

Orange Walk Opening

New HBL Office in Orange Walk Town

On August 19, 2016, the Bank celebrated another milestone to its 2016 successes being the Inaugural Ceremonies for the newly built Orange Walk Branch. The ceremonies began slightly after 3pm and the guests were delighted by The Master of Ceremonies, Mr. Luis Pook who did a splendid job in both English and Spanish. Cultural presentations were prepared by the ‘Saasil Ja’ Group of Yo Creek, a Mestizo Children’s Dance Group. We were graced in prayer by Rev. Edwin Orosco from La Inmaculada Roman Catholic Parish. Special Guest Speaker was none other than, Mayor of Orange Walk Town, Mr. Kevin Bernard and also seated at the Head Table, was our Managing Director, Mr. Duncan. Welcome address was given by Orange Walk Branch Manager, Mrs. Yasmira Espadas and the Vote of Thanks was given by Branch Supervisor, Mr. Arnel Caceres. The guest list included customers, community members, HBL directors and staff. After the ceremonies, the balloons were lifted in the air and champagne was popped in celebration. A light snack was served and everyone enjoyed the company of the customers and other members of the team on such a memorable occasion. We take this opportunity once again to thank the Directors for trusting in the Orange Walk Community, Mr. Anthony Thurton (the architect), Mr. Hugh Crawford (the contractor) and his team for such a beautiful structure that now captures the attention of all.

12 Jan

FCIB Acquisition

FCIB Acquisition

Heritage Bank Successfully Undertakes Historic Acquisition!

Albert Street

In 2015 when the Heritage Bank team members were working diligently towards annual goals and objectives, there was a change being undertaken by CIBC First Caribbean Bank. The Directors of that institution made a decision to wrap up their business services in Belize. This decision meant that other Banks in Belize would have the opportunity to purchase the assets of the CIBCFCIB Belize business. When this opportunity arose, it was with foresight of the potential benefits that our Managing Director made every effort to ensure that Heritage Bank was in contention to bid for the assets of CIBCFCIB in Belize. It was through determination and sheer will that the Managing Director led the effort that eventually materialized into Heritage Bank being the Bank left standing to reap the benefits of the CIBCFCIB Belize acquisition.

The work to transform an acquisition into a transition of assets was no easy feat and proved to be a humbling experience. However, the Heritage Bank team members were up to the task and rose to the challenge. After a few false starts and delays, all teams mobilized and ensured they were ready to do their part. Operations & IT worked weekends and late nights to prepare for the transition. Throughout the transition, there were countless hours spent organizing, preparing cards for delivery, cleaning data, addressing customer concerns and a host of other related tasks. The instantaneous growth in customer-related activities led to a new team being added. The BPC, Business Processing Center, mobilized quickly and took on these activities successfully.

The toll of extra work and late hours showed on the faces of team members but everyone kept pace with the changes and were determined to make the transition a success. The overwhelming feeling that we were about to accomplish something that had never been done before in Belize kept everyone focused throughout the late nights. We were making history in our daily efforts. A small local Bank was in the trenches taking over the assets of a larger, International Bank. This had never before happened in Belize, and may not happen again in the near future, and the Heritage Bank team wanted to make its mark.

Belmopan & Orange Walk

Post transition, the changes continue throughout the Bank. The benefits of the acquisition are beginning to bear fruit. The hard and diligent work by the staff has not gone unnoticed. There are new opportunities opening up for promotions, cross training and wider growth. There are numerous new team members who have joined the Heritage Bank family in the city and at district branches and we welcome them to the team. The Bank has seen overnight growth in its customer base with over 7000 new deposit accounts and over 4000 new lending accounts being added from the acquisition, doubling the Balance Sheet over one weekend. Through all the disruption and challenges, the bottom line shows that at least 99% of the transitioned customers have been successfully integrated into the Bank’s services.

Under the tutelage of our Managing Director and Board of Directors, we continue to streamline our new responsibilities. The workload is still high for many, some have adapted well and some continue to work through the challenges but all have embraced the new reality of Heritage Bank which can no longer be referred to as a small local Bank. From inception to implementation to completion, the transition proved to be an undertaking of David and Goliath proportions. We were out of our comfort zone but we grew, we thrived, we learned, we endured and now we can move forward knowing that Heritage Bank is stronger and more agile to take on new challenges.

It is with gratitude and warm hearts that we thank all those who did their part in making this historic transition a resounding success. As we go through our busy day, it is easy to overlook our successes and accomplishments. Let us all be sure to look back and appreciate where we were just a few months ago and then look around you and appreciate where we are now. We are standing on a more solid foundation that will take the team into a more successful future at Heritage Bank.

12 Jan

Musical Instrument Hand Over

Handing Over Ceremony of Musical Instruments

Heritage Gives Back to the community!
Friday, June 12th 2015 at 1:30 p.m. was a special occasion not only for the students of St. Luke Methodist School, but also for Heritage Bank, who demonstrated its corporate social responsibility in a meaningful way. Through the ‘Music in Schools Program', a well established initiative of the Governor General, His Excellency Sir Colville Young since 1993 and which benefits over 100 schools and youth groups in Belize, Heritage Bank donated Wind Instruments (3 Trumpets, 2 Trombones and 1 French Horn) to St. Luke’s Purple Spirit Marching Band.
The handing over ceremony was held at St. Luke’s Methodist Church where the beneficiaries of the gifts, the students, were in attendance. The children were all enthusiastic and excited to see the shiny new instruments most wishing to get their hands on them to bring them to life with the melodious sounds that they demonstrate year after year in the Love FM Band Fest, Love FM Christmas parade, Methodist Youth Conference parade, Child Stimulation Month parade for preschools and other functions.
Our Managing Director delivered the Remarks, pointing out that St. Luke Methodist School has benefited from Music In School Program and is a good example of what is possible with limited resources but committed leadership. After 3 years of 3rd place finishes the School won the prestigious 1st place in Band Fest Competition in 2007. Since then it won 1st place in Drumline Competition every year except 2011 when the band did not compete. This year 2015 the band placed 2nd in the Drum Core Competition.
St. Luke takes their music program very seriously and it is for that reason Heritage is very proud to provide the additional instruments to expand their music program while helping those who might be less fortunate.
It was a compact Agenda with Reverend C. David Goff, OBE and Superintendent Wesley Circuit who gave the Opening Prayer and blessed all in attendance. The symbolic Handing Over Ceremony was delivered by Mr. Duncan, His Excellency, the Principal of St. Luke, Mrs. Bodden and the Purple Spirit Marching Band Manager, Mrs. Wade. Reverend C. Bernard Duncan gave the Closing Prayer. The ceremony concluded with two performances from the Purple Spirit Marching Band.
12 Jan

Spelling Bee

B&B National Spelling Bee - "Championing Academic Excellence"

Heritage Bank was a Proud Gold Sponsor of this event and is happy to demonstrate its Corporate Social Responsibility by supporting this popular educational initiative. Five Thousand Dollars, personalized Heritage Gift Cards and Gift Bags were donated as prizes!
For twenty-three years Bowen & Bowen, in cooperation with the Ministry of Education, has sponsored the National Spelling Bee in Belize. The Bee has given over twelve thousand students from all over Belize a chance to have their academic excellence honored.
11 Jan

Youths Summer Program

"Heritage Builds Up Our Youths" Summer Program 2016

In Summer 2016, Heritage Bank championed a life skill educational program, an initiative of Eastern Division South headed by Assistant Commissioner of Police, Mr. Chester Williams, in order to find a positive alternative for our youths during the summer vacation.

The program catered for 50 in and out of school youths between the ages of 10 to 17 years from Southside Belize City and ran for three cycles during the summer holidays. The first fold of activities, called “Life Tour” gave the youths an appreciation of what one goes through when involved in crime and violence.

The youths were taken to different hot spots within the city then transported to the Police station and taken to the court, the prison and thereafter to the cemetery. The second fold of the program, “Knowing Your Country”, gave the youths an opportunity to visit four corners of our jewel highlighting its history and diversity, an alternative to the crime life. The youths

also had the opportunity to have some of the athletes from Eastern Division South participating with them in order to show that one can opt and rise to a different life- style than what they know. In the North, the youths were taken to Lamanai and Blue Creek. To the West they were introduced to the border, taken to Xunantunich and the Iguana Farm in San Ignacio with a city tour of Belmopan. In the South they saw the Culture Capital, Dangriga, and they visited Placencia & Seine Bight stop- ping at different archaeological sites in the immediate vicinity.

Heritage is pleased to have partnered with the police in sponsoring $5,000 to this initiative, which is part of a wider program, Southside Youth Services Project, aimed at giving at risk youths a pathway to employment or back into formal education.

14 Jan


Property Information - San Pedro - spres6

Parcel 2867 Block 7 being the freehold property of Juan Alamilla. The lot is situated in the San Pedro Registration Section, Ambergris Caye, Belize District and containing 885.916 square meters or 1059.55 square yards. There is a concrete and timber building on the lot. The building can be described as a two and a half storey building with the first floor elevated approximately 4 feet above ground level. The building is supported on concrete columns. The first floor measures app. 30 feet by 40 feet with an open-ended concrete slab area directly in front of building entrance measuring 20 ft by 30 ft. The second level measures 30 ft by 60 ft with an unenclosed verandah measuring 12ft by 30ft. The third level measures app. 30ft by 35ft and has a small verandah area to the front. The first floor now accommodates a bar. The second floor accommodates four bedrooms and the third accommodates one bedroom and a bathroom.

14 Jan


Property Information - Stann Creek - sccomm2

All That piece or parcel of land containing 1271.39 acres being portion of Riversdale (Work No. 113) situate South of the road leading to the Riversdale Pier, Stann Creek District and being bounded on the North by the South Stann Creek – Riversdale Pier Road and by the remaining lands of the Riversdale Estate (Work No. 113) now or formerly of Banana and Ramie Products Company, on the South by National lands and by lands held now or formerly by Laguna Madre Shrimp Farms Belize Limited and on the east by other lands of Riversdale Estate (Work No. 113) held now or formerly by Robert and Lorene McKinnon and being more particularly bounded and described as follows: COMMENCING at a concrete pillar being the westernmost corner of the said piece or parcel of land thence (premising that all bearings and distances are grid) on a bearing of 46 degrees 00 minutes 50 seconds for a distance of 1002.09 feet to a concrete pillar thence on a bearing of 54 degrees 55 minutes 30 seconds for a distance of 6178.75 feet to a concrete pillar, thence on a bearing of 76 degrees 09 minutes 31 seconds for a distance of 9135.93 feet to a concrete pillar, thence on a bearing of 163 degrees 22 minutes 32 seconds for a distance of 1129.20 feet to a concrete pillar, thence on a bearing of 178 degrees 54 minutes 56 seconds for a distance of 728.23 feet to a concrete pillar, thence on a bearing of 198 degrees 28 minutes 15 seconds for a distance of 1623.22 feet to a concrete pillar, thence on a bearing of 161 degrees 33 minutes 20 seconds for a distance of 69.67 feet to a concrete pillar, thence on a bearing of 267 degrees 19 minutes 50 seconds for a distance of 928.70 feet to a concrete pillar, thence on a bearing of 267 degrees 20 minutes 29 seconds for a distance of 5266.51 feet to a concrete pillar, thence on a bearing of 267 degrees 16 minutes 07 seconds for a distance of 5279.81 feet to a concrete pillar, thence on a bearing of 267 degrees 21 minutes 42 seconds for a distance of 3181.31 feet back to the concrete pillar point of the commencement and which said piece or parcel of land is more particularly shown and delineated on a survey plan drawn by G.V. Bautista, Licenses Surveyor dated August 19th, 1991 and recorded at the Ministry of Natural Resources, Belmopan in Register No. 8 Entry No. 1282, TOGETHER with all buildings and erections standing and being thereon being the freehold property of NOVA LAGUNA LIMITED (formerly LAGUNA MADRE SHRIMP FARMS (BELIZE) LIMITED) surety for Nova Toledo Limited.

14 Jan


Property Information - Cayo - cyres9

ALL THAT lot piece or parcel of land being Lot No. 376 comprising 511.206 square meters situate in San Jose Succotz Village, Cayo District as shown on a Plan 483 of 2004 attached to Minister’s Fiat (Grant) 483 of 2004 dated June 11th, 2004 and registered at the Lands and Survey Department on Plan 2081 TOGETHER with all buildings and erections standing and being thereon.

14 Jan


Property Information - Cayo - cyres8

ALL THAT piece or parcel of land comprising of approximately 0.94 acres situate at Mile 60 on the Western Highway in the Cayo District being the Lot number 3 as the same is shown and delineated on a Plan of Survey by H.A. Fairwether, Land Surveyor dated the 11th day of July, 2000 and registered at the Office of the Commissioner of Lands and Surveys in Register No.19 at Entry No.5866 TOGETHER with all buildings and erections standing and being thereon. Being the Freehold Property of Bruce Johnson & Charlene Woods