NEW ORLEANS – On. Nov. 2, Fidelity Bank officials officially opened the bank's new corporate headquarters and its newest branch in downtown New Orleans at 353 Carondelet Street, a historic building once occupied by the former Union Savings & Loan. …
NEW ORLEANS – Investar Bank has opened its newest branch at 4401 St. Charles Ave. This is Investar’s 31st branch location and fifth in the greater New Orleans region. It offers "high-touch, personal community banking service for businesses and individuals with…
MEMPHIS, Tenn. – First Horizon National Corp. has reported third quarter 2020 net income available to common shareholders of $523 million, with earnings per share of $0.95. Third quarter 2020 results reflect the impact of the July 1, 2020, IBERIABANK…
BATON ROUGE – Business First Bancshares Inc., parent company of b1BANK, announced its unaudited results for the quarter ended Sept. 30, 2020, including net income of $9.6 million, or $0.46 per diluted share, increases of $4.1 million and $0.06, respectively,…
NEW ORLEANS — For the third year in a row, Hancock Whitney, in partnership with the Greater New Orleans Foundation, is offering competitive grant opportunities to help nonprofits broaden community development efforts across the five Gulf South states the bank…
NEW ORLEANS - As Hurricane Delta approached the southwest Louisiana coast, New Orleanians were thankful for another near miss and hoped for the best for their neighbors. Meanwhile, it was another Biz-y week of news: Phase 3 Restrictions to Stay…
NEW ORLEANS – The U.S. Small Business Administration and the Treasury Department have released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. The agencies say the action streamlines the PPP forgiveness process to…
NEW ORLEANS - Entrepreneurs working to recover from the impacts of COVID-19 have additional resources at their disposal, thanks to a $200,000 grant from JP Morgan Chase to the Good Work Network. The funding will support programming for women and…
NEW ORLEANS - The Knowledge is P.O.W.E.R. series is back in virtual form with seven sessions scheduled before the end of the year. Next up: Knowledge is Power - Social Media in Business from 9:30 a.m. to 10:30 a.m. Wednesday,…
BATON ROUGE – b1BANK President and CEO Jude Melville announced today the addition of Carol Calkins to the board of directors of b1BANK and its parent company Business First Bancshares Inc. Calkins is a certified public accountant and joins the…
NEW ORLEANS – Freddie Mac has named NOLA Lending Group as one of the winners of its Home Possible RISE Awards. The annual Recognizing Individual for Sustained Excellence program salutes Freddie Mac’s top clients across multiple categories for excellence with…
BATON ROUGE – Jude Melville, president and CEO of b1BANK, announced Jesse Jackson will lead the bank’s Financial Institutions Group and will join the executive leadership team. Jackson has over 30 years’ experience in the banking industry, most recently serving…
WASHINGTON (AP) — U.S. consumer borrowing rose by a solid 3.6% in July, the second monthly gain after the coronavrius pandemic had sent consumer borrowing down sharply in the previous three months. The Federal Reserve reported Tuesday that the 3.6%…
BATON ROUGE – b1BANK has announced disaster-recovery financial services available to the Louisiana1 individuals and businesses that have been affected by Hurricane Laura. Services include waiving of certain fees, deferral options and rate discounts on loans. “As in previous emergencies,…
NEW ORLEANS – Gulf Coast Bank & Trust Company has announced an effort to collect food items and cash donations to help those affected by Hurricane Laura. Cash and non-perishable food items are being accepted at any Gulf Coast Bank…
NEW YORK (AP) — The U.S. banking industry’s second quarter profits fell by 70% from a year ago, the FDIC said Tuesday, as low interest rates and the economic turmoil of the COVID-19 pandemic weighed heavily on big and small…
BATON ROUGE – Investar Bank and the Federal Home Loan Bank of Dallas have awarded a total of $15,450 to Scotlandville Community Development Corporation of Baton Rouge, Tulane/Canal Neighborhood Development Corporation of New Orleans and West 30’s Redemption Company of…
NEW ORLEANS — The COVID-19 pandemic has had a devastating impact on people and businesses around the globe, and the Gulf South region has been no exception. In response, Hancock Whitney partnered with the Federal Home Loan Bank of Dallas…
WASHINGTON (AP) — The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the bank’s credit card holders. The Comptroller of the…
BATON ROUGE – Business First Bancshares Inc., parent company of b1BANK, announced its unaudited results for the quarter ended June 30, 2020, including net income of $2.1 million, or $0.11 per diluted share, decreases of $4.8 million and $0.39, respectively,…
BATON ROUGE, La. – b1BANK President and CEO Jude Melville announced today the addition of Keith Tillage to the board of directors of b1BANK and its parent company Business First Bancshares Inc. Tillage joins the board with over 20 years…
COVINGTON, La. – Twelve banks, all members of the Federal Home Loan Bank of Dallas, have joined FHLB Dallas to provide an $84,500 grant to the West 30’s Redemption Company in Covington. PGP grants help qualified nonprofit organizations fund a…
NEW ORLEANS - Liberty Bank and Trust Company said it has seen a dramatic increase in new accounts, significant deposits and major business commitments from across the country thanks to the nation's increased support of the Black community in the…
MEMPHIS, Tenn. and LAFAYETTE, La. - First Horizon National Corporation and IBERIABANK Corporation announced completion of their previously announced all-stock merger of equals. The combined company, with $79 billion in assets, $60 billion in deposits and $58 billion in loans…
NEW ORLEANS - Last night, the Senate passed an extension of the deadline for small businesses to apply for Paycheck Protection Program loans. If the legislation becomes law, businesses will have until Aug. 8 to apply for the $130 billion…
GULFPORT, Miss. — Hancock Whitney Bank said it will provide $125,000 in relief assistance to those in low- and moderate-income households who have experienced job loss, furlough or a reduction in hours of work or pay due to the economic…
NEW ORLEANS - From the Urban League of Louisiana: The National Urban League and the Urban League of Louisiana understand that navigating the resources available to support your business during this critical time can be stressful and complicated. In an…
BATON ROUGE —Independent Banker magazine, the monthly publication of the Independent Community Bankers of America, unveiled its annual 40 Under 40: Emerging Community Bank Leaders list. The award recognizes the nation’s up-and-coming community bank innovators and influencers who represent the…
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program through which the Fed will lend directly to private companies for the first…
NEW ORLEANS — Fidelity Bank and the Louisiana Hospitality Foundation will celebrate women in the hospitality industry with the launch of their annual P.O.W.E.R. Plates campaign. The eight-week celebration (beginning June 1, 2020) of women in the hospitality industry is…
