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Charlotte Amalie
Saturday, April 13, 2024
HomeNewsLocal governmentUSVI Government Finalizes Purchase of First Bank Building in Christiansted

USVI Government Finalizes Purchase of First Bank Building in Christiansted

Office of the Lieutenant Governor –

The Government of the Virgin Islands, on behalf of the Office of the Lieutenant Governor, has finalized the purchase of the First Bank Building, along with a designated parking area located on Plot Numbers 12, 13 and 14 King Street in downtown Christiansted, consisting of .36 acres.  The closing took place on Wednesday, Feb. 21.

On St. Croix, this property will house the Division of Banking, Insurance and Financial Regulation, the Division of Corporations and Trademarks, the Office of the Tax Collector, the Passport Acceptance Facility, and the VI SHIP/Medicare Program.  Cashiers will also be available at this location to receive payments for services rendered by the divisions.

“I am pleased that we were able to acquire this building in the beautiful and historic town of Christiansted where we will continue to offer exceptional customer service with ample parking for our customers.  When we initially approached First Bank about renting the building, the bank expressed an interest in selling the property. We accepted this opportunity and look forward to consolidating several of our divisions for the convenience of our customers,” said Lt. Gov. Roach.

The Office of the Lieutenant Governor will commence the preparation and outfitting of the building to house its various divisions. An announcement of the official relocation of the divisions will be made when finalized.

“We thank the 34th Legislature of the Virgin Islands for appropriating funds in a supplemental budget, specifically intended for the purpose of purchasing the building, at a cost of $1,302,000,” said Roach.

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