Regulatory Alerts2023-12-01
Added · Updated
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.
STATE OF LOUISIANA
OFFICE OF FINANCIAL INSTITUTIONS
BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
DECEMBER 2023
BANK HOLDING COMPANIES
No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES
Approved December 13, 2023
Proposed Merger of Mississippi River Bank, Belle Chasse, Plaquemines Parish, LA, with and into Merchants & Marine Bank, Pascagoula, Jackson County, MS, under the Charter of and with the Title: Merchants & Marine Bank, domiciled in Pascagoula, Jackson County, MS, and to establish the existing offices of Mississippi River Bank as branches of Merchants & Marine Bank.
BRANCHES
Effective November 20, 2023
b1BANK, Baton Rouge, East Baton Rouge Parish, LA, closed its DALLAS – SPRING VALLEY ROAD BANKING CENTER located at 5220 Spring Valley Road, Suite 100, Dallas, Dallas County, TX 75254.
Effective December 1, 2023
b1BANK, Baton Rouge, East Baton Rouge Parish, LA, closed its PASADENA BANKING CENTER located at 4949 Fairmont Parkway, Suite 100, Pasadena, Harris County, TX 77505.
Effective December 4, 2023
b1BANK, Baton Rouge, East Baton Rouge Parish, LA, opened its PASADENA BANKING CENTER located at 4420 East Sam Houston Parkway South, Pasadena, Harris County, TX 77505.
Filed December 18, 2023
BATON ROUGE – BLUEBONNET BANKING CENTER proposed by b1BANK, Baton Rouge, East Baton Rouge Parish, LA, to be located at 9100 Bluebonnet Centre Boulevard, Suite 103, Baton Rouge, East Baton Rouge Parish, LA 70809.
CHANGES OF LOCATION/CONSOLIDATIONS
Effective December 11, 2023
Bank of Zachary, Zachary, East Baton Rouge Parish, LA, relocated its CENTRAL BRANCH from 13444 Hooper Road [Baton Rouge] to 14395 Grand Settlement Boulevard [Central] (a distance of approximately 0.5 miles), both locations within East Baton Rouge Parish, LA 70818.
Filed December 20, 2023
First Guaranty Bank, Hammond, Tangipahoa Parish, LA, proposes to relocate its VIVIAN BANKING CENTER from 102 East Louisiana Avenue to 212 North Pine Street (a distance of approximately 0.2 miles), both locations within Vivian, Caddo Parish, LA 71082.
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 – DECEMBER 2023
PAGE 2
LOAN PRODUCTION OFFICES (LPOs) / DEPOSIT PRODUCTION OFFICES (DPOs) / COMBINATION LPOs-DPOs
Effective December 1, 2023
b1BANK, Baton Rouge, East Baton Rouge Parish, LA, closed its METAIRIE LOAN PRODUCTION OFFICE located at 3300 West Esplanade Boulevard, Metairie, Jefferson Parish, LA 70002.
No Objection December 12, 2023
GULF COAST BANK AND TRUST DESTIN LOAN PRODUCTION OFFICE proposed by Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 34990 Emerald Coast Parkway, Suite 300, Destin, Okaloosa County, FL 32541.
No Objection December 28, 2023; Filed December 4, 2023
GULF COAST BANK AND TRUST SAN ANTONIO LOAN PRODUCTION OFFICE proposed by Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, to be located at 401 East Sonterra Boulevard, Suite 324, San Antonio, Bexar County, TX 78258. [Originally filed with the address Suite 375.]
SUBSIDIARIES
Applications
No Activity
Notice-Only
No Activity
TRUST POWERS
No Activity
OTHER
No Activity
Any questions should be directed to Renee LeBlanc at (225) 925-4201.
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