Regulatory Alerts2017-06-01
Louisiana Office of Financial Institutions Monthly Bulletin June 2017
The Louisiana Office of Financial Institutions issued its June 2017 Monthly Bulletin detailing regulatory actions for banks, thrifts, and credit unions. The document reports the approval of a merger between Citizen’s Bank and Investar Bank, along with the opening of new branches by Synergy Bank and proposed locations by Bank of Montgomery and Red River Bank. Additional actions include the relocation of a Resource Bank office, the establishment of loan production offices by Business First Bank, and the creation of subsidiaries by Plaquemine Bank & Trust Company and Gulf Coast Bank and Trust Company.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
JUNE 2017
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Approved June 13, 2017 Proposed Merger of Citizen’s Bank, Ville Platte, Louisiana, Ville Platte, Evangeline Parish, LA, with and into Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, under the Charter of and with the Title: Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, and to establish the existing offices of Citizen’s Bank, Ville Platte, Louisiana, as branches of Investar Bank.
BRANCHES Effective December 22, 2016 Synergy Bank, Houma, Terrebonne Parish, LA, opened its SOUTH ACADIA OFFICE located at 1070 South Acadia Road, Thibodaux, Lafourche Parish, LA, 70301.
Filed June 2, 2017 FERN AVENUE BRANCH proposed by Bank of Montgomery, Montgomery, Grant Parish, LA, to be located at 8640 Fern Avenue, Shreveport, Caddo Parish, LA, 71105.
Approved June 5, 2017 STONEWALL BANKING CENTER proposed by Red River Bank, Alexandria, Rapides Parish, LA, to be located at 571 Highway 171, Stonewall, DeSoto Parish, LA, 71078.
Filed June 5, 2017 HARDING BOULEVARD BRANCH proposed by Investar Bank, Baton Rouge, East Baton Rouge Parish, LA, to be located at 3636 Harding Boulevard, Baton Rouge, East Baton Rouge, LA 70807.
Filed/Approved June 23, 2017 Bank of Louisiana, New Orleans, Orleans Parish, LA, proposes to close its OAKWOOD OFFICE located at 197 Westbank Expressway, Gretna, Jefferson Parish, LA, 70053.
POST OFFICE BOX 94095, BATON ROUGE, LOUISIANA 70804-9095 (225) 925-4660 DEPOSITORY FAX # (225) 925-4548 HUMAN RESOURCES FAX # (225) 925-4665 LEGAL FAX # (225) 922-2592 SECURITIES FAX # (225) 925-4511 NON DEPOSITORY # (225) 922-2860 MAIL ROOM FAX # (225) 925-4524 Web site: www.ofi.la.gov email: ofila@ofi.la.gov
MONTHLY BULLETIN – JUNE 2017 PAGE 2
CHANGES OF LOCATION/CONSOLIDATIONS Approved June 1, 2017 Resource Bank, Covington, St. Tammany Parish, LA, proposes to relocate its BATON ROUGE OFFICE from 4317 Bluebonnet Boulevard, Suite B to 9513 Jefferson Highway (a distance of approximately 0.3 miles), both locations within Baton Rouge, East Baton Rouge Parish, LA, 70809.
LOAN PRODUCTION OFFICES Approved June 1, 2017 DALLAS LOAN PRODUCTION OFFICE proposed by Business First Bank, Baton Rouge, East Baton Rouge Parish, LA, to be located at 3012 Fairmount, Suite 150, Dallas, Dallas County, TX, 75201.
Filed/Approved June 13, 2017 Crescent Bank & Trust, New Orleans, Orleans Parish, LA, proposes to close its CRESCENT BANK & TRUST PENSACOLA LOAN PRODUCTION OFFICE located at 25 West Cedar Street, Suite 105, Pensacola, Escambia County, FL, 32502.
Filed/Approved June 19, 2017 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, proposes to close its BOSSIER CITY LOAN PRODUCTION OFFICE located at 315 East Texas Street, Bossier City, Bossier Parish, LA, 71111.
SUBSIDIARIES Filed June 19, 2017 Plaquemine Bank & Trust Company, Plaquemine, Iberville Parish, LA, proposes to establish a subsidiary, PLAQUEMINE BANK HOLDINGS, LLC, to be located at 24025 Eden Street, Plaquemine, Iberville Parish, LA, 70764.
Approved June 19, 2017 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, proposes to establish a subsidiary, 6000 CHEF, LLC, to be located at 200 Saint Charles Avenue, New Orleans, Orleans Parish, LA, 70130. [Originally filed with the name OREO I, LLC.]
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.