State of Louisiana
Office of Financial Institutions


MONTHLY BULLETIN
JULY 2001


 


BANKS/THRIFTS/CREDIT UNIONS

Approved July 20, 2001
Schwegmann Bank and Trust Company, Harvey, Jefferson Parish, LA, proposes to merge with and into First American Bank and Trust, Vacherie, St. James Parish, LA, under the Charter of and with the Title: First American Bank and Trust, domiciled in Vacherie, St. James Parish, LA, and to establish the main office and the Veterans Branch as branches of First American Bank and Trust.

Filed July 27, 2001
FARMERS-MERCHANTS INTERIM BANK & TRUST COMPANY, a de novo State-chartered phantom bank, proposed by Farmers-Merchants Bank & Trust Company, Breaux Bridge, St. Martin Parish, LA, for the purpose of effectuating the merger of Farmers-Merchants Interim Bank & Trust Company with and into Farmers-Merchants Bank & Trust Company, Breaux Bridge, St. Martin Parish, LA, under the Charter of and with the Title: Farmers-Merchants Bank & Trust Company.

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BRANCHES

Effective May 30, 2001
Community First Bank, New Iberia, Iberia Parish, LA, opened its NORTHSIDE BRANCH located at 403 Emile Verret Road, New Iberia, Iberia Parish, LA, 70563.

Approved July 3, 2001
OAK GROVE BRANCH proposed by Iberville Trust & Savings Bank, Plaquemine, Iberville Parish, LA, to be located at 17463 Old Jefferson Highway, Prairieville, Ascension Parish, LA, 70769.

Approved July 5, 2001; Effective July 26, 2001
Ouachita Independent Bank, Monroe, Ouachita Parish, LA, purchased the assets and assumed the liability to pay deposits made in 2 branches of First Guaranty Bank, Hammond, Tangipahoa Parish, LA, as follows:

NORTH FRANKLIN BRANCH, 311 North Franklin Avenue, Bastrop, Morehouse Parish, LA, 71220; and

EAST MADISON BRANCH, 1503 East Madison Avenue, Bastrop, Morehouse Parish, LA, 71220.

Closed File July 11, 2001
SHREVEPORT BRANCH proposed by First Guaranty Bank, Hammond, Tangipahoa Parish, LA, to be located at 401 Market Street, Suite 160, Shreveport, Caddo Parish, LA, 71101.

Filed July 13, 2001
MANDEVILLE EXPRESS BANK BRANCH proposed by Resource Bank, Mandeville, St. Tammany Parish, LA, to be located at the corner of Koop Drive at LA Highway 59, Mandeville, St. Tammany Parish, LA, 70471.

Approved July 16, 2001
Dequincy Branch proposed by Cameron State Bank, Lake Charles, Calcasieu Parish, LA, to be located at 506 E. 4th Street, DeQuincy, Calcasieu Parish, LA, 70633.

Approved July 16, 2001
Slidell Branch proposed by Crescent Bank & Trust, New Orleans, Orleans Parish, LA, to be located at 2000 Old Spanish Trail, Suite 113, Slidell, St. Tammany Parish, LA, 70458.

Approved July 17, 2001
FAIRFIELD OFFICE proposed by Community Bank of Louisiana, Mansfield, DeSoto Parish, LA, to be located at 3000 Fairfield Avenue, Shreveport, Caddo Parish, LA, 71104.

Effective July 27, 2001
Red River Bank, Alexandria, Rapides Parish, LA, opened its NORTH RAPIDES BANKING CENTER located at 4425 Monroe Highway, Pineville, Rapides Parish, LA, 71360.

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ELECTRONIC FINANCIAL TERMINALS (EFTs)

Effective July 1, 2000
The Peoples State Bank, Many, Sabine Parish, LA, ceased operations of its "PSB-24" machine located at Sam Sibley Drive within Sylvan Friedman Student Union of Northwestern State University, Natchitoches, Natchitoches Parish, LA, 71457.

Effective April 11, 2001
Liberty Bank and Trust Company, New Orleans, Orleans Parish, LA, activated its "PRIVATE BANKER" machine located at 1300 Canal Street within the Clarion Hotel, New Orleans, Orleans Parish, LA, 70112.

Filed/Approved May 16, 2001
"PSB-24" machine proposed by The Peoples State Bank, Many, Sabine Parish, LA, to be located at Hwy. 171 North on the Boise Cascade plant site, Florien, Sabine Parish, LA, 71429.

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CHANGES OF LOCATION/CONSOLIDATIONS

Withdrawn July 6, 2001
Progressive Bank, Winnsboro, Franklin Parish, LA, proposes to relocate its TOWER DRIVE FINANCIAL CENTER from 1101 Hudson Lane, Suite D to 1811 Tower Drive (a distance of approximately 3,200 feet or .6 of a mile), both locations within Monroe, Ouachita Parish, LA, 71201.

Filed/Approved July 26, 2001
Iberville Trust & Savings Bank, Plaquemine, Iberville Parish, LA, proposes to relocate its "MONEY MAKER" machine from 23405 Eden Street (Main Office) to 23550 Myrtle Grove Road within The Island Country Club, both locations within Plaquemine, Iberville Parish, LA, 70764.

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LOAN or TRUST PRODUCTION OFFICES

Effective August 30, 2000
Central Progressive Bank, Hammond, Tangipahoa Parish, LA, closed its CENTRAL PROGRESSIVE BANK LOAN PRODUCTION OFFICE located at 104 North Parkerson Street, Rayne, Acadia Parish, LA, 70578.

Approved July 3, 2001
SLIDELL LOAN PRODUCTION OFFICE proposed by Eureka Homestead Society (a State-chartered mutual savings and loan association), New Orleans, Orleans Parish, LA, to be located at 1379 Corporate Square Boulevard, Slidell, St. Tammany Parish, LA, 70458.

Filed July 3, 2001; Approved July 20, 2001
RICHLAND STATE BANK LOAN PRODUCTION OFFICE proposed by The Richland State Bank, Rayville, Richland Parish, LA, to be located at 3711 Cypress Street, Suite 3, West Monroe, Ouachita Parish, LA, 71291.

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SUBSIDIARIES

Filed July 11, 2001; Approved July 18, 2001
SOURCE BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATION, a proposed subsidiary, to be acquired by Fidelity Bank and Trust Company, Baton Rouge, East Baton Rouge Parish, LA, to be located at 455 E. Airport Avenue, Baton Rouge, East Baton Rouge Parish, LA, 70806.

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TRUST POWERS

Approved July 5, 2001
Resource Bank, Mandeville, St. Tammany Parish, LA, has filed an application requesting permission to exercise Limited Trust Powers.

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Any questions should be directed to Pam Skelton at (225) 925-4661.