Regulatory Alerts2020-10-01
Louisiana Office of Financial Institutions Monthly Bulletin October 2020
The Louisiana Office of Financial Institutions issued its October 2020 Monthly Bulletin to report regulatory actions regarding branch and office changes for state-chartered banks and credit unions. The document details the closure of several branches, including those of Liberty Bank and Trust Company and CLB The Community Bank, alongside the approval of new locations for Origin Bank and Fidelity Bank. Additionally, it records relocations of existing branches and the opening or closing of loan and deposit production offices across Louisiana and neighboring states.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
OCTOBER 2020
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES No Activity
BRANCHES Effective March 6, 2020 Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, closed its GREENWELL SPRINGS ROAD BRANCH located at 8796 Greenwell Springs Road, Baton Rouge, East Baton Rouge Parish, LA 70814.
Filed/Approved October 7, 2020 CLB The Community Bank, Jonesville, Catahoula Parish, LA, proposes to close its OLLA BRANCH located at 2628 Central Avenue, Olla, La Salle Parish, LA 71465.
Filed October 16, 2020 THE WOODLANDS BANKING CENTER proposed by Origin Bank, Choudrant, Lincoln Parish, LA, to be located at 2501 Research Forest Drive, Suite A, The Woodlands, Montgomery County, TX 77381.
Filed/Approved October 16, 2020 Origin Bank, Choudrant, Lincoln Parish, LA, proposes to close its THE WOODLANDS BANKING CENTER located at 2170 Buckthorne Place, Suite 150, The Woodlands, Montgomery County, TX 77380.
Filed October 22, 2020 MAIN BRANCH proposed by Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, to be located at 353 Carondelet Street, New Orleans, Orleans Parish, LA 70130.
Approved October 26, 2020; Filed October 5, 2020 LAKEVIEW BRANCH proposed by M C Bank & Trust Company, Morgan City, St. Mary Parish, LA, to be located at 851 Harrison Avenue, New Orleans, Orleans Parish, LA 70002.
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) 925-2592 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 – OCTOBER 2020 PAGE 2
CHANGES OF LOCATION/CONSOLIDATIONS Effective September 21, 2020 Resource Bank, Covington, St. Tammany Parish, LA, relocated its FRANKLINTON BRANCH from 950 10th Avenue to 988 Washington Street (a distance of approximately 0.2 miles), both locations within Franklinton, Washington Parish, LA 70438.
Effective October 1, 2020 Pelican State Credit Union, Baton Rouge, East Baton Rouge Parish, LA, relocated from 3232 South Sherwood Forest Boulevard to 2675 O’Neal Lane, both locations within Baton Rouge, East Baton Rouge Parish, LA 70816.
Filed/Approved October 12, 2020 Citizens Bank & Trust Company, Plaquemine, Iberville Parish, LA, proposes to temporarily relocate its BOCAGE BRANCH from 7646 Jefferson Highway to 7809 Jefferson Highway, Suite C6 (a distance of approximately 0.8 miles), both locations within Baton Rouge, East Baton Rouge Parish, LA 70809.
Approved October 16, 2020 Origin Bank, Choudrant, Lincoln Parish, LA, proposes to relocate its OXFORD BANKING CENTER from 1312 University Avenue to 1713 University Avenue (a distance of approximately 0.3 miles), both locations within Oxford, Lafayette County, MS 38655.
Filed October 22, 2020 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, proposes to relocate its MAIN OFFICE from 1001 Julia Street, Suite 112A [70113] to 353 Carondelet Street [70130] (a distance of approximately 0.6 miles), both locations within New Orleans, Orleans Parish, Louisiana, and to retain the former Main Office location as a branch to be known as SOUTH MARKET BRANCH.
LOAN PRODUCTION OFFICES(LPOs) / DEPOSIT PRODUCTION OFFICES (DPOs) / COMBINATION LPOs-DPOs Effective July 1, 2020 Lakeside Bank, Lake Charles, Calcasieu Parish, LA, relocated its DERIDDER LOAN PRODUCTION OFFICE from 1509 North Pine Street to 1509 North Pine Street, Suite B, both located within DeRidder, Beauregard Parish, LA 70634.
Effective September 17, 2020 Red River Bank, Alexandria, Rapides Parish, LA, opened its LAFAYETTE LOAN PRODUCTION OFFICE/DEPOSIT PRODUCTION OFFICE located at 91 Settler’s Trace, Building 4, Suite C, Lafayette, Lafayette Parish, LA 70508. [Originally filed with the name of LAFAYETTE LOAN PRODUCTION/DEPOSIT PRODUCTION OFFICE and with the address of 91 Settler’s Trace, Building 4, Suite C.]
MONTHLY BULLETIN – OCTOBER 2020 PAGE 3
LOAN PRODUCTION OFFICES(LPOs) / DEPOSIT PRODUCTION OFFICES (DPOs) / COMBINATION LPOs-DPOs - (continued) Effective October 19, 2020; Approved October 15, 2020 City Bank & Trust Company, Natchitoches, Natchitoches Parish, LA, opened its BOSSIER/CADDO LOAN PRODUCTION OFFICE located at 1000 Grimmett Drive, Shreveport, Caddo Parish, LA 71107.
Filed/Approved October 22, 2020 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, proposes to close its BILOXI LOAN PRODUCTION OFFICE located at 2432-A Pass Road, Biloxi, Harrison County, MS 39531.
Filed October 29, 2020 THE EVANGELINE BANK & TRUST COMPANY LOAN AND DEPOSIT PRODUCTION OFFICE proposed by The Evangeline Bank & Trust Company, Ville Platte, Evangeline Parish, LA, to be located at 4301 Nelson Road, Suite 700, Lake Charles, Calcasieu Parish, LA 70605.
SUBSIDIARIES No Activity
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.