EFTA00610900.pdf

• I :: s t . I II ISL chlut Economic Development Authority WWW.USVIEDA.ORG January 31, 2014 Mrs. Cecile deJongh Office Manager Financial Trust Company, Inc. 6100 Red Hook Quarter B3 St. Thomas, VI 00802 Re: Financial Trust Company, Inc. Dear Mrs. deJongh, A compliance review has been completed on Financial Trust Company, Inc. Enclosed for your review and commentary is the compliance report which covers the period January 1, 2009 to March 23, 2012. The company was found out of compliance with the capital investment requirement, and Special Condition #1 and #2. Please provide a response to this compliance report within thirty (30) working days of receipt of this correspondence. You may request an extension of time to file your response by submitting a formal notice. If we do not receive a response from you by this date, we will conclude that you are in agreement with the findings of this report. Should you have additional quest' ns c ncerning this matter, please do not hesitate to contact Stephanie Berry, Director of Compliance at • Sincerely, nnif r Nugent- l ACE /Chief Operating Officer cc: Percival Clouden, Chief Executive Officer Tracy Lynch Bhola, Legal Counsel Stephanie J. Berry, Director of Compliance Sandra Bess, CCP Compliance Officer Erika Kellerhals, Legal Counsel for FTC Etononc Oevetopment Commrssion Enter nse Zone Commission Government Development Bank Industrial Park Development Corporation Small (liminess Development Agency ST. CROIXII6 Kong Stout Krroitantot USK' 00840 FAX ST. THOMASE1000 Nisky Slooppiag Crater Stone 620.St Thomas. USYI 00802 FAX EFTA00610900 EFTA00610901 EFTA00610902 EFTA00610904 EFTA00610907 EFTA0061091 EFTA0061091 1 EFTA00610912 EFTA0061091 EFTA00610914 EFTA0061091 EFTA0061091 EFTA00610917