IberiaBank has already retrofitted many of the Teche Federal Bank locations it acquired in a buyout earlier this year, but some residuals from the estimated $161 million deal are still playing out, namely a federal lawsuit alleging the theft of sensitive information by two former Teche executives.
Banks are the ones taking the financial hit for retail security breaches, and that just doesn’t seem fair.
The holding company for St. Martin Bank & Trust Co. has announced plans to acquire Church Point Bank & Trust.
Midsouth Bank has released its second quarter earnings report, showing a year-over-year increase for shareholders.
Business First Bank has announced plans for a Baton Rouge market expansion through a merger deal with American Gateway Financial Corp.