Inside the Industry: Banking

First American Bank and Trust
Ronald J. Falgoust, President and CEO

First American Bank and Trust is a community bank with 24 locations across Southeast Louisiana.  For over 100 years, First American Bank has served the financial needs of its communities.  Operations began in St. James Parish in 1910 and have expanded to 11 parishes including Jefferson and St. Tammany.

Today, First American Bank has total assets of $863 million.  The size of the bank puts First American in a unique position to help both consumers and small businesses.  We handle a large amount of construction loans for individuals, as well as contractors.  After construction is complete, a large percentage of those residential loans are maintained in our loan portfolio, providing our customers with exceptional service from local employees.  Additionally, we provide the small businesses in our community with loans as high as $10 million.  In 2015, First American Bank originated $141 million in loans for its customers.

Besides being a great source of loan funding, First American Bank maintains a strong capital base for its customers to deposit their funds.  From online bill pay to mobile check deposits, First American Bank offers the latest in banking technology to provide the best possible services for its customers.

Let First American Bank take you where you want to go. We are here to assist you with your construction loan, home purchase, business loan, or whatever financial service that you need while providing you with the latest in banking technology from knowledgeable and customer-friendly employees.

First American Bank and Trust, A Banking Tradition Since 1910 — Member FDIC, Equal Housing Lender.

2785 Highway 20 West, PO Box 550
Vacherie, LA 70090
(225) 265-2265

Categories: The Magazine