Red River Bank Purchases Banking Center Location in Southwest Louisiana
December 04 2019 - 12:30PM
Red River Bank has purchased a former MidSouth Bank branch located
at 1500 Beglis Parkway in Sulphur, Louisiana and plans to expand
its banking operations in Southwest Louisiana. Red River Bank
expects to open a full service banking center at the Sulphur
location late in the first quarter of 2020, pending all regulatory
approvals. This will be Red River Bank’s second location in the
Southwest Louisiana market and its 25th in Louisiana. The bank
currently has a banking center at 4112 Lake Street, Lake Charles,
Louisiana.
“This addition is part of our continued commitment to, and
investment in providing local, personal, customized financial
solutions in our home state of Louisiana. We’re encouraged by
the reception we’ve received in the Southwest Louisiana
market. Our growth over the last 2 years in this part of
Louisiana is very positive,” said Red River Bank President and
Chief Executive Officer, Blake Chatelain. “We’re excited to
add to our geographic footprint and to be able to continue to
expand our team throughout the state,” Mr. Chatelain added.
About Red River Bank Red River Bank is the
sixth largest Louisiana-based community bank and serves customers
from its 24 banking centers in and surrounding Alexandria,
Shreveport/Bossier City, Baton Rouge, Lake Charles and Covington,
Louisiana. Headquartered in Alexandria, Louisiana and founded in
1999, the bank specializes in financial services and solutions for
Louisiana consumers and small to mid-size businesses. Red River
Bank is a subsidiary of Red River Bancshares, Inc., which trades
under the trading symbol RRBI on the NASDAQ Global Select Market.
Additional information can be found at redriverbank.net
Media Contact:
Evelyn Jones, Marketing Director
ejones@redriverbank.net
318-561-5903 office or 318-664-1513-cell
Red River Bancshares (NASDAQ:RRBI)
Historical Stock Chart
From Oct 2024 to Nov 2024
Red River Bancshares (NASDAQ:RRBI)
Historical Stock Chart
From Nov 2023 to Nov 2024