Regulatory Alerts2024-06-01
Louisiana Office of Financial Institutions Monthly Bulletin June 2024
The Louisiana Office of Financial Institutions issued its June 2024 Monthly Bulletin to report on regulatory activities regarding state-chartered financial entities. The document records the opening of a new branch by Red River Bank, the closure of a JD Bank office, and the approval of a new Fort Walton Beach banking office by Origin Bank. Additionally, it details Origin Bank's relocation of its Ruston banking center and the movement of loan production offices and subsidiaries by Gulf Coast Bank and Trust Company and Crescent Bank.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
JUNE 2024
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES No Activity
BRANCHES Effective June 3, 2024 Red River Bank, Alexandria, Rapides Parish, LA, opened its VETERANS BOULEVARD BANKING CENTER located at 1914 Veterans Boulevard, Metairie, Jefferson Parish, LA 70005.
Filed/Approved June 6, 2024 JD Bank, Jennings, Jefferson Davis Parish, LA, proposes to close its EAST ADMIRAL DOYLE DRIVE OFFICE located at 631 East Admiral Doyle Drive, New Iberia, Iberia Parish, LA 70560.
Approved June 17, 2024 FORT WALTON BEACH BANKING OFFICE proposed by Origin Bank, Choudrant, Lincoln Parish, LA, to be located at 212 Racetrack Road NW, Fort Walton Beach, Okaloosa County, FL 32547.
CHANGES OF LOCATION/CONSOLIDATIONS Approved June 25, 2024; Filed June 13, 2024 Origin Bank, Choudrant, Lincoln Parish, LA, proposes to relocate its DEPOT BANKING CENTER from 301 West Alabama Avenue to 400 North Trenton Street (a distance of approximately 0.3 miles), both locations within Ruston, Lincoln Parish, LA 71270, to be known as DOWNTOWN RUSTON BANKING CENTER.
LOAN PRODUCTION OFFICES (LPOs) / DEPOSIT PRODUCTION OFFICES (DPOs) / COMBINATION LPOs-DPOs Effective October 5, 2022 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, relocated its GULF COAST BANK KLC FINANCIAL LOAN PRODUCTION OFFICE from 3514 Country Road 101 to 4350 Baker Road, Suite 100, both located within Minnetonka, Hennepin County, MN 55345.
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 – JUNE 2024 PAGE 2
LOAN PRODUCTION OFFICES (LPOs) / DEPOSIT PRODUCTION OFFICES (DPOs) / COMBINATION LPOs-DPOs – (continued) Filed/No Objection June 6, 2024 Crescent Bank, New Orleans, Orleans Parish, LA, proposes to close its CRESCENT BANK PHOENIX LOAN PRODUCTION OFFICE located at 960 West Elliot Road, Suite 110, Tempe, Maricopa County, AZ 85284.
SUBSIDIARIES Applications Effective October 5, 2022 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, relocated its KLC FINANCIAL, LLC from 3514 Country Road 101 to 4350 Baker Road, Suite 100, both located within Minnetonka, Hennepin County, MN 55345.
Notice-Only No Activity
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Pam Skelton at (225) 922-2627.