Regulatory Alerts2023-09-01
Louisiana Office of Financial Institutions Monthly Bulletin September 2023
The Louisiana Office of Financial Institutions issued its September 2023 Monthly Bulletin to report on regulatory actions regarding state-chartered banks and holding companies. The document details the acquisition of Leesville branch assets by Merchants & Farmers Bank & Trust Company and the approval of Homeland Bancshares, Inc. to acquire Peoples Bank. Additionally, the bulletin records the opening of multiple new branches by institutions such as Citizens Bank & Trust, CLB The Community Bank, and b1BANK, alongside the relocation of State Bank & Trust Company's main office and the closure of Fidelity Bank's loan production office.
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