Regulatory Alerts2020-11-01
Louisiana Office of Financial Institutions Monthly Bulletin November 2020
The Louisiana Office of Financial Institutions issued its November 2020 Monthly Bulletin detailing regulatory actions regarding branch operations and corporate structures. The document records the closure of two St. Landry Bank branches, the opening and relocation of Fidelity Bank locations, and the proposed establishment of new loan production offices by M C Bank and The Evangeline Bank. Additionally, First Guaranty Bank established a subsidiary tag and title agency, while Origin Bank received approval for a banking center in Texas.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN NOVEMBER 2020
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES No Activity
BRANCHES Effective October 30, 2020 St. Landry Bank and Trust Company, Opelousas, St. Landry Parish, LA, closed its WEST BRANCH located at 1401 West Landry Street, Opelousas, St. Landry Parish, LA 70570.
Effective October 30, 2020 St. Landry Bank and Trust Company, Opelousas, St. Landry Parish, LA, closed its INDIAN HILLS BRANCH located at 1165 North Main Street, Opelousas, St. Landry Parish, LA 70570.
Effective November 2, 2020; Approved November 2, 2020 Fidelity Bank [a State-chartered savings bank], New Orleans, Orleans Parish, LA, opened its MAIN BRANCH located at 353 Carondelet Street, New Orleans, Orleans Parish, LA 70130.
Filed November 23, 2020 M C BANK HOUMA BRANCH proposed by M C Bank & Trust Company, Morgan City, St. Mary Parish, LA, to be located at 1340 West Tunnel Boulevard, Suite 420, Houma, Terrebonne Parish, LA 70360.
Approved November 30, 2020; Filed November 2, 2020 MEDICAL CITY DALLAS BANKING CENTER proposed by Origin Bank, Choudrant, Lincoln Parish, LA, to be located at 7777 Forest Lane, Suite C-130, Dallas, Dallas County, TX 75230.
CHANGES OF LOCATION/CONSOLIDATIONS Approved November 2, 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.
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 # (225) 922-2860 MAIL ROOM FAX # (225) 925-4524 Web site: www.ofi.la.gov email: ofila@ofi.la.gov
MONTHLY BULLETIN – NOVEMBER 2020 PAGE 2
LOAN PRODUCTION OFFICES Approved November 23, 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.
Filed/Approved November 30, 2020 The Cottonport Bank, Cottonport, Avoyelles Parish, LA, proposes to close its COTTONPORT BANK LOAN PRODUCTION OFFICE located at 1318 Camelia Boulevard, Lafayette, Lafayette Parish, LA 70508.
SUBSIDIARIES Effective November 7, 2020 First Guaranty Bank, Hammond, Tangipahoa Parish, LA, established a subsidiary, FIRST CENTURION TAG AND TITLE AGENCY, L.L.C., located at 211 Tunica Drive East, Marksville, Avoyelles Parish, LA 71351.
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.