Regulatory Alerts2013-10-01
Monthly Bulletin — October 2013
The Louisiana Office of Financial Institutions issued its October 2013 Monthly Bulletin to report on various banking activities including proposed mergers, branch openings, closures, and relocations. Key transactions include the proposed merger of Birthright, Incorporated with Liberty Financial Services, Inc., and Sabine State Bank's acquisition of specific Whitney Bank branches in Louisiana. The bulletin also details IBERIABANK's purchase of Synovus Bank branches in Tennessee, multiple branch closures by Whitney Bank and IBERIABANK, and South Louisiana Bank commencing limited trust powers.
Share