Regulatory Alerts2019-03-01
Louisiana Office of Financial Institutions Monthly Bulletin March 2019
The Louisiana Office of Financial Institutions issued its March 2019 Monthly Bulletin detailing regulatory actions for banks, thrifts, and credit unions. Key activities include the merger of Mainland Bank into Investar Bank, the opening of new branches by BOM Bank and Simmesport State Bank, and the relocation of First Bank and Trust's Lafayette branch. Additionally, Fidelity Bank proposed closing multiple loan production offices while establishing a new one in Ridgeland, and Gulf Coast Bank and Trust Company filed to establish a subsidiary.
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