Regulatory Alerts2025-02-01
Monthly Bulletin — February 2025
The Louisiana Office of Financial Institutions issued its February 2025 Monthly Bulletin detailing regulatory actions for banks and thrifts. The document records the opening of new branches by Cross Keys Bank, South Louisiana Bank, and Gibsland Bank & Trust Company, alongside a location interchange by Currency Bank. It also lists the proposed establishment of a new de novo bank, NOLA Bank, and various changes to loan and deposit production offices across Louisiana and Texas.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
FEBRUARY 2025
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Filed February 14 2025 INCLUSIVEBANK, a proposed “de novo” State-chartered commercial bank, to be located at 1100 South Carrollton Avenue, New Orleans, Orleans Parish, LA 70118. Applicant proposing name change to NOLA BANK. [Contact: Sanford M. Brown, Attorney, Alston & Bird, LLP, 2200 Ross Avenue, Suite 2300, Dallas, Texas 75201, Phone: (214) 922-3400.]
BRANCHES Effective January 15, 2025 Cross Keys Bank, St. Joseph, Tensas Parish, LA, opened its TYLER BRANCH located at 4801 Old Jacksonville Highway, Tyler, Smith County, TX 75703.
Effective February 5, 2025 South Louisiana Bank, Houma, Terrebonne Parish, LA, opened its LAFAYETTE PINHOOK BRANCH located at 3527 West Pinhook Road, Lafayette, Lafayette Parish, LA 70508.
Effective February 18, 2025 Gibsland Bank & Trust Company, Gibsland, Bienville Parish, LA, opened its GBT – LINCOLN CENTER located at 305 South Vienna Street, Ruston, Lincoln Parish, LA 71270.
Approved February 25, 2025; Filed February 6, 2025 JEFFERSON HIGHWAY BRANCH proposed by JD Bank, Jennings, Jefferson Davis Parish, LA, to be located at 8380 Jefferson Highway, Baton Rouge, East Baton Rouge Parish, LA 70809.
CHANGES OF LOCATION/CONSOLIDATIONS Effective January 4, 2025 Currency Bank, Oak Grove, West Carroll Parish, LA, interchanged its MAIN OFFICE from 600 East Main Street, Oak Grove, West Carroll Parish, LA 71263 with its BATON ROUGE BRANCH located at 7054 Jefferson Highway, Suite 100, Baton Rouge, LA 70806 [a distance of approximately 198 miles], and retained the former Main Office location as a branch to be known as OAK GROVE BRANCH.
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 FAX # (225) 922-2860 MAIL ROOM FAX # (225) 925-4524 Web Site: www.ofi.la.gov email: ofila@ofi.la.gov
MONTHLY BULLETIN – FEBRUARY 2025 PAGE 2
LOAN PRODUCTION OFFICES (LPOs) / DEPOSIT PRODUCTION OFFICES (DPOs) / COMBINATION LPOs-DPOs Effective January 15, 2025 Cross Keys Bank, St. Joseph, Tensas Parish, LA, closed its TYLER LOAN PRODUCTION OFFICE located at 4801 Old Jacksonville Highway, Tyler, Smith County, TX 75703, due to the opening of its TYLER BRANCH (see above).
Effective January 31, 2025 South Louisiana Bank, Houma, Terrebonne Parish, LA, closed its LAFAYETTE LOAN PRODUCTION OFFICE located at 324 Settlers Trace Boulevard, Unit 1, Lafayette, Lafayette Parish, LA 70508.
Effective February 18, 2025 American Bank & Trust Company, Opelousas, St. Landry Parish, LA, opened its AMERICAN BANK & TRUST COMPANY LOAN PRODUCTION OFFICE located at 1001 Apollo Road, Scott, Lafayette Parish, LA 70583.
No Objection February 20, 2025 THE WOODLANDS LOAN AND DEPOSIT PRODUCTION OFFICE proposed by Origin Bank, Choudrant, Lincoln Parish, LA, to be located at 9709 Lakeside Boulevard, Suite 475, The Woodlands, Montgomery County, TX 77381.
Filed/No Objection February 28, 2025 Fidelity Bank, New Orleans, Orleans Parish, LA, proposes to close its LAKE CHARLES COLLEGE STREET LOAN PRODUCTION OFFICE located at 129 West College Street, Lake Charles, Calcasieu Parish, LA 70605.
SUBSIDIARIES Applications No Activity
Notice-Only No Activity
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 922-2627.