Investar Bank has purchased property for its second Lafayette location.

According to an announcement issued Thursday, the new location will be located at 1510 Kaliste Saloom Road, near the intersection of Rue Louis XIV and River Ranch.

The new branch, which is pending approval by the bank’s regulators, will feature three drive-up lanes, an ATM, three teller windows and inside offices for private banking and consultations.

The company currently has 10 branches throughout Louisiana, including an Ambassador Caffery location which opened last year.

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