Regulatory Alerts2023-12-01
Monthly Bulletin — December 2023
The Louisiana Office of Financial Institutions issued its December 2023 Monthly Bulletin to document regulatory approvals, branch movements, and production office filings for state-regulated financial entities. Key actions include the approved merger of Mississippi River Bank into Merchants & Marine Bank, authorized relocations for Bank of Zachary and First Guaranty Bank, and no-objection rulings for new Gulf Coast Bank and Trust loan offices in Florida and Texas. Concurrently, b1BANK closed and opened multiple Texas branches while proposing a new Baton Rouge location and shuttering a Metairie loan office, with no activity recorded for bank holding companies, subsidiaries, or trust powers.
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