NEW ORLEANS – Fidelity Bank has announced plans to open a new branch at The Rink Shopping Center on Prytania Street. Officials are targeting an opening date of August 2021. Fidelity, founded in 1908, said the newly-renovated 2,100-square-foot space will…
NEW ORLEANS - JPMorgan Chase & Co. announced that it has invested $10 million in Liberty Bank to "strengthen the independent, African American bank, increase local lending and promote market expansion." “This infusion of capital will allow us to scale…
NEW ORLEANS —Hancock Whitney and the Amistad Research Center, an independent archive of America's ethnic and racial history, have partnered to create a virtual exhibit about the importance of Black-owned businesses, organizations and institutions to the history of New Orleans.…
WASHINGTON (AP) — Treasury Secretary Janet Yellen says there are “tough months ahead” for the country with COVID-19 continuing to flare, making it critical that Congress pass President Joe Biden's $1.9 trillion relief package. In her first public interview since…
NEW ORLEANS – Gulf Coast Bank & Trust Company President and CEO Guy T. Williams said the bank has worked hard to respond to the demands of the COVID-19 pandemic - and, as a result, experienced record growth in 2020. “Last…
METAIRIE - Metairie Bank and Trust has announced the hiring of Todd Rauch, CPA, as its new vice president and chief financial officer. Rauch will be responsible for all financial operations and activities, including financial reporting, budgeting, investments, and interest…
NEW ORLEANS - Home Bank has announced the promotion of John J. Zollinger IV to the role of senior vice president and director of commercial banking. Zollinger joined Home Bank in 2010 and has been a banker for 30 years.…
NEW ORLEANS - Fidelity Bank and WDSU have awarded a $5,000 prize to Joe Franklin, the winner of their home office makeover contest. With millions of people working from home due to the COVID-19 crisis, Fidelity Bank and WDSU have…
GULFPORT, Miss. — Hancock Whitney bank has named veteran brand and marketing strategy executive Laura Sullivan Ethridge as its new chief marketing officer. As Hancock Whitney’s CMO, Ethridge is the executive vice president responsible for leading the company’s marketing strategy…
WASHINGTON, D.C. — Independent Banker magazine, the monthly publication of the Independent Community Bankers of America, has recognized five community banks for their exemplary efforts to create an exceptional work environment for employees. “Community banks have always valued relationships and…
NEW ORLEANS - Fidelity Bank President Chris Ferris said small business owners should be cheering the passage of the new federal stimulus bill. “There is a lot of great help … both from the standpoint of reforming the first round…
LAFAYETTE - Home Bank has announced the promotion of David T. Kirkley to the executive management team as executive vice president/chief financial officer. Kirkley joined Home Bank in 2012 as treasurer. He brings a wealth of experience in financial analysis…
METAIRIE – MBT Bancshares Inc. (OTC: MBKL), the holding company of Metairie Bank & Trust Co., announced that its board of directors at their meeting on Nov. 24, 2020, declared a semi-annual cash dividend of $0.50 per share on the…
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…
