Regulatory Alerts2025-04-01
Louisiana Office of Financial Institutions Monthly Bulletin April 2025
The Louisiana Office of Financial Institutions issued its April 2025 Monthly Bulletin detailing regulatory actions for state-chartered banks and holding companies. Currency Bank assumed deposit liabilities from specific b1BANK branches, while Fleur Capital Corporation applied to become a one-bank holding company through the acquisition of Simmesport State Bank. The bulletin also records the opening of a new Winnsboro State Bank & Trust branch, the relocation of a First American Bank office, and the closure of several loan production offices by Gulf Coast Bank, Fidelity Bank, and Winnsboro State Bank.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
APRIL 2025
BANK HOLDING COMPANIES Filed w/FRB-Atlanta April 15, 2025 Application by Fleur Capital Corporation, Simmesport, Avoyelles Parish, LA, to become a one-bank holding company by acquiring control of 100% of the issued and outstanding stock of Simmesport State Bank, Simmesport, Avoyelles Parish, LA, pursuant to Section 3(a)(1) of the BHC Act of 1956, as amended.
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES Effective April 4, 2025 @ 11:59 p.m. CST Currency Bank, Baton Rouge, East Baton Rouge Parish, Louisiana, purchased certain assets and assumed the liability to pay deposits in the following branches of b1BANK, Baton Rouge, East Baton Rouge Parish, Louisiana: KAPLAN BANKING CENTER – 201 North Cushing Avenue, Kaplan, Vermilion Parish, LA 70548 KAPLAN DRIVE THRU BANKING CENTER – 200 North Faye Avenue, Kaplan, Vermilion Parish, LA 70548
Filed April 16, 2025 Application by Fleur Capital Corporation, Simmesport, Avoyelles Parish, LA, to engage in a statutory share exchange with Simmesport State Bank, Simmesport, Avoyelles Parish, LA, whereby Fleur Capital Corporation will become a one-bank holding company.
BRANCHES Effective April 1, 2025 Winnsboro State Bank & Trust Company, Winnsboro, Franklin Parish, LA, opened its RUSTON BRANCH located at 1715 Celebrity Drive, Ruston, Lincoln Parish, LA 71270.
Filed April 22, 2025 LAFAYETTE – CAMELLIA BOULEVARD BRANCH proposed by Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, to be located a 1420 Camellia Boulevard, Lafayette, Lafayette Parish, LA 70508.
CHANGES OF LOCATION/CONSOLIDATIONS No Activity
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 –APRIL 2025 PAGE 2
LOAN PRODUCTION OFFICES (LPOs) / DEPOSIT PRODUCTION OFFICES (DPOs) / COMBINATION LPOs-DPOs Effective August 8, 2024 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, closed its GULF COAST BUSINESS CREDIT COLUMBUS LOAN PRODUCTION OFFICE located at 3250 Henderson Road, Suite 201, Columbus, Franklin County, OH 43220.
Effective February 3, 2025 First American Bank and Trust, Vacherie, St. James Parish, LA, relocated its NORCO OFFICE from 903 1st Street to 941 1st Street (a distance of approximately 197 feet), both locations within Norco, St. Charles Parish, LA 70079.
Filed/No Objection April 8, 2025 Winnsboro State Bank & Trust Company, Winnsboro, Franklin Parish, LA, proposes to close its RUSTON LOAN PRODUCTION OFFICE located at 300 East Reynolds Drive, Ruston, Lincoln Parish, LA 71270.
Effective April 12, 2025 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, closed its LAKE CHARLES COLLEGE STREET LOAN PRODUCTION OFFICE located at 129 West College Street, Lake Charles, Calcasieu Parish, LA 70605.
Filed/No Objection April 16, 2025 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, proposes to close its LAFAYETTE LOAN PRODUCTION OFFICE located at 900 South College Road, Suite 206, Lafayette, Lafayette Parish, LA 70503.
SUBSIDIARIES Applications
Notice-Only Effective January 1, 2020 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, acquired a subsidiary, SPECTRUM COMMERCIAL FINANCE, LLC, located at 200 St. Charles Avenue, New Orleans, Orleans Parish, LA 70130.
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 922-2627.