Regulatory Alerts2018-07-01
State of Louisiana Office of Financial Institutions Monthly Bulletin July 2018
The Louisiana Office of Financial Institutions issued its July 2018 Monthly Bulletin to report on regulatory actions regarding bank mergers, branch activities, and office relocations. Key approvals included the merger of Hibernia Bancorp into Union Savings & Loan Association, which subsequently changed its name to Hibernia Bank, and the proposed merger of Richland State Bancorp into Business First Bancshares. The bulletin also detailed the closure of specific banking centers, the opening of new branches by Progressive Bank and Landmark Bank, and the relocation of main offices and loan production facilities by several institutions.
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