Regulatory Alerts2013-09-01
Added · Updated
State of Louisiana Office of Financial Institutions Monthly Bulletin September 2013
The Louisiana Office of Financial Institutions issued its September 2013 Monthly Bulletin to report on regulatory actions regarding bank holding companies, branches, and loan production offices. The document details the approval of Investar Holding Corporation's conversion to a one-bank holding company and records the closure of a Cross Keys Bank branch in Louisiana alongside the opening of new facilities by Community Trust Bank and proposed branches by Gulf Coast Bank, The Union Bank, and IBERIABANK. Additionally, the bulletin notes the relocation of a Patterson State Bank loan production office and the proposed establishment of a Crescent Bank & Trust loan production office in North Carolina.
STATE OF LOUISIANA
OFFICE OF FINANCIAL INSTITUTIONS
BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
SEPTEMBER 2013
BANK HOLDING COMPANIES
Approved September 5, 2013
Application by Investar Bank, Baton Rouge, East Baton Rouge Parish, Louisiana, to engage in a statutory share exchange with Investar Holding Corporation, whereby Investar Holding Corporation, will become a one-bank holding company.
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES
No Activity
BRANCHES
Effective August 30, 2013
Cross Keys Bank, St. Joseph, Tensas Parish, LA, closed its WATERPROOF BRANCH located at 423 Main Street, Waterproof, Tensas Parish, LA, 71375.
Effective September 3, 2013
Community Trust Bank, Choudrant, Lincoln Parish, LA, opened its DALLAS FINANCIAL CENTER located at 3838 Oak Lawn Avenue, Two Turtle Creek Village, Dallas, Dallas County, TX, 75219. [Originally filed with the name of Turtle Creek Financial Center.]
Approved September 4, 2013
CARENCRO BRANCH proposed by Gulf Coast Bank, Abbeville, Vermilion Parish, LA, to be located at 3906 Northeast Evangeline Thruway, Carencro, Lafayette Parish, LA, 70520.
Filed September 10, 2013
HIGHWAY 28 WEST BRANCH proposed by The Union Bank, Marksville, Avoyelles Parish, LA, to be located at 6196 Louisiana Highway 28 West, Alexandria, Rapides Parish, LA, 71303.
Filed September 23, 2013
UAB MEDICAL CENTER BRANCH proposed by IBERIABANK, Lafayette, Lafayette Parish, LA, to be located at 1801 4th Avenue South, Suite 115, Birmingham, Jefferson County, AL, 35233.
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.louisiana.gov email: oflia@ofi.louisiana.gov
MONTHLY BULLETIN – SEPTEMBER 2013
PAGE 2
CHANGES OF LOCATION/CONSOLIDATIONS
No Activity
LOAN or TRUST PRODUCTION OFFICES
Effective October 1, 2012
Patterson State Bank, Patterson, St. Mary Parish, LA, relocated its PATTERSON STATE BANK LOAN PRODUCTION OFFICE from 1819 West Pinhook Road, Suite 111 to 1819 West Pinhook Road, Suite 230, both located within Lafayette, Lafayette Parish, LA, 70508.
Filed September 11, 2013
CRESCENT BANK & TRUST RALEIGH LOAN PRODUCTION OFFICE proposed by Crescent Bank & Trust, New Orleans, Orleans Parish, LA, to be located at 1027 Highway 70 West, Suite 102, Garner, Wake County, NC, 27529.
SUBSIDIARIES
No Activity
TRUST POWERS
No Activity
OTHER
No Activity
Any questions should be directed to Pam Skelton at (225) 925-4661.
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