Louisiana School Cyberattacks Trigger State Of Emergency

PYMNTS

Louisiana has declared a state of emergency after a series of cyberattacks impacted three of the state’s school districts. The state was made aware of a malware attack on a few north Louisiana school systems and we have been coordinating a response ever since,” Edwards said.

MTrac Launches Marijuana Payments Platform For Louisiana

PYMNTS

The state of Louisiana has entered legal marijuana territory with medical cannabis access beginning this week.

Why The Louisiana Purchase Was The Greatest Fourth Of July Sale Ever

PYMNTS

Only it was July 4, 1803 — better known as the Independence Day that the Louisiana Purchase was announced. A Brief History Of The Louisiana Purchase — And Its Associated Payments Problems . Adjusted for inflation, the contemporary value of the Louisiana Purchase was around $340 million.

Banks Providing Low-Rate Loans, Deferments in Flood-Ravaged Louisiana

American Banker

Baton Rouge and surrounding areas in Louisiana have been hit by historic rain and flooding in recent days. consumer-finance la commercial-lending performance community-banking

First NBC in Louisiana Names New Chairman

American Banker

The $4.9 billion-asset company said in a regulatory filing Friday that its president and CEO, Ashton Ryan Jr., had relinquished the chairmanship to Shivan Govindan, its vice chairman since 2013. breaking_news people corporate-governance community-banking

Louisiana Community Bancorp to Buy Tri-Parish Bancshares

American Banker

Louisiana Community Bancorp in Houma has agreed to buy Tri-Parish Bancshares in Eunice, La. breaking_news community-banking m-a la dealmaking-strategy

Investar in Louisiana Files $50M Shelf Registration

American Banker

Add Investar Holding in Baton Rouge, La., to the growing list of community banks filing shelf registrations. breaking_news dealmaking-strategy capital strategic-alternatives la community-banking

Red River in Louisiana plans $30M initial public offering

BankThink

Community banking IPOs Bank stocks Capital M&A LouisianaThe company could use proceeds from the IPO to repay debt and pursue bank acquisitions.

Walmart rolls out Walmart Pay in Louisiana

The Paypers

(The Paypers) Walmart has launched Walmart Pay to enable customers to pay with their smartphones in Walmart stores in Louisiana

CFPB February 2017 complaint report highlights credit reporting complaints, complaints from Louisiana consumers

CFPB Monitor

The report also highlights complaints from consumers in Louisiana and the New Orleans metro areas. Findings regarding complaints from Louisiana consumers include the following: As of February 1, 2017, approximately 12,400 complaints were submitted by Louisiana consumers of which approximately 4,500 were from New Orleans consumers. Barbara S. Mishkin. The CFPB has issued its February 2017 complaint report that highlights credit reporting complaints.

Louisiana credit union settles alleged retaliation lawsuit

CU Insight

A Louisiana credit union, without any admission of liability, agreed to pay a former branch manager $110,000 to settle a retaliation lawsuit brought by the U.S. The post Louisiana credit union settles alleged retaliation lawsuit appeared first on CUInsight. Equal Employment Opportunity Commission earlier this year. In a three-year court decree settlement announced Dec.

Home Bancorp in Louisiana to buy St. Martin Bancshares

BankThink

Community banking M&A Capital LouisianaHome will add 12 branches and nearly $600 million in assets when it completes the acquisition.

Louisiana sales tax triggers Amazon Associates programme cancellation

The Paypers

(The Paypers) Amazon , the US electronic commerce and cloud computing company, is cancelling its Amazon Associates programme in Louisiana due to a recently issued sales tax requirement

Louisiana floods hit about 200 credit union employees

CU Insight

The Louisiana Credit Union League said Monday the homes of up to 200 credit union employees have been damaged by the worst floods ever recorded in the state. The 200 figure is a preliminary one and it is probably a low figure,” Connie Major, EVP and CFO for the Louisiana league , said.

Louisiana flood relief donations double within a week

CU Insight

The number of Louisiana credit union employees affected by statewide flooding has reached roughly 300, and the generosity of the credit union movement is matching the pace of the need. The post Louisiana flood relief donations double within a week appeared first on CUInsight.

MidSouth in Louisiana abruptly fires CEO Rusty Cloutier

BankThink

Succession planning C-suite Corporate governance LouisianaMidSouth also fired Cloutier's son as part of what it called a "transition plan already under way to improve” performance.

Investar Holding to buy Citizens Bancshares in Louisiana

BankThink

M&A Growth strategies Capital LouisianaInvestar will pay $46 million in cash for Citizens, which has three branches and $246 million in assets.

Louisiana bans Bank of America, Citi from bond sale over gun policies

BankThink

Louisiana is using the bond market to stick up for the Second Amendment. Corporate ethics

Grant Bancshares is Texas-bound after agreeing to buy First Bank

BankThink

The deal comes less than a week after the Louisiana company raised nearly $11 million. Community banking M&A Growth strategies Louisiana Texas

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Advocacy at the Grassroots: Improving State Statutes

Independent Banker

Amending Louisiana’s laws to better address financial crimes, electronic documents and unclaimed property. Since 2008 the Louisiana Bankers Association has sponsored more than 50 pieces of state legislation to help Louisiana community banks and their customers.

Bank Branches: Between Digital Transformation and Uncertainty

Bank Innovation

The physical bank branch is by no means dead, but is trending toward consolidation or closure, as in the case of Iberia Bank in Louisiana. The changing bank branch is a twofold story of innovation and closures.

First Guaranty to fill central La. gap with Union acquisition

BankThink

Community banking M&A Growth strategies LouisianaThe company will pay $43 million in cash for a bank with seven branches and $209 million in deposits.

Dear Sen. Warren: Stop “helping” us

ABA Community Banking

Outspoken Louisiana banker Guy Williams has an earful for lots of "helpful" players CSuite Community Banking. 1Community Banking

MidSouth reports big 4Q loss as it preps return to profitability

BankThink

The Louisiana company got more aggressive with credit issues and recorded its final charge tied to addressing a regulatory order. Earnings Community banking Community banks Louisiana

Bank acquirers are taking a hard look at the Gulf Coast

BankThink

Community banking Commercial banking M&A Florida Alabama Mississippi Louisiana TexasDiverse economies and a limited number of sellers are making markets like Tampa, Fla., a hot spot for growth-minded banks.

Tampa 12

Podcast: How Diversity and Inclusion Create a ‘Sense of Belonging’

ABA Community Banking

For Monica Sylvain, chief diversity officer at Louisiana-based IberiaBank, a focus on diversity, equity and inclusion (or DE&I, as it's increasingly widely known) starts with building community. The post Podcast: How Diversity and Inclusion Create a ‘Sense of Belonging’ appeared first on ABA Banking Journal. ABA Banking Journal Podcast Community Banking Featured Human Resources Diversity Leadership Recruitment

As Consumers Embrace eCommerce, Tax Complexity Grows

PYMNTS

1.8M: Amount Walmart allegedly owes Jefferson Parish, Louisiana in unpaid 2009 to 2015 sales taxes. South Dakota vs. Wayfair was only the beginning.

Taxes 151

Iberia sets higher expectations with 2020 return targets

BankThink

The Louisiana company has vowed to meaningfully improve investor returns and efficiency over the next two years. Earnings M&A Consolidations Expense management Regional banks Louisiana

Hancock to buy MidSouth Bancorp for $213 million

BankThink

Community banking M&A Growth strategies Capital LouisianaMidSouth had spent the last two years improving credit quality by reducing its exposure to energy credits.

Iberiabank reports higher quarterly profit on cost control, rising rates

BankThink

The Louisiana company also said that credit company in its energy portfolio improved during the first quarter. Earnings Commercial lending Energy industry Louisiana

One-time charges overshadow higher revenue at Iberiabank

BankThink

The Louisiana company recorded charges tied to recently passed tax reform and the purchase of Sabadell United Bank. Earnings Regional banks M&A Consolidations Louisiana

Investor group plans New Orleans expansion as part of bank acquisition

BankThink

Community banking M&A Capital LouisianaRiver Road Financial has agreed to buy Mississippi River Bank in a deal that will bring in a new CEO.

Iberiabank warns of 3Q costs from hurricanes and energy exposure

BankThink

The Louisiana company also set aside funds to cover efforts to settle litigation tied to its mortgage business. Earnings Hurricane Harvey Hurricane Irma Mortgages Florida Louisiana Texas

Investar in La. to enter Houston with latest acquisition

BankThink

Community banking M&A Capital Growth strategies Texas LouisianaThe company agreed to buy Mainland Bank for nearly $20 million in stock.

Hancock Whitney is sold on MidSouth, warts and all

BankThink

Community banking M&A Growth strategies Capital Louisiana TexasThe New Orleans company is comfortable buying with the deal despite MidSouth's lingering credit issues, given a shared history and the opportunity to add low-cost deposits.

CFPB to hold Oct. 18 town hall on preventing elder financial exploitation

CFPB Monitor

On October 18, 2018 , the CFPB will hold a town hall in Baton Rouge, Louisiana on preventing elder financial exploitation. The event will feature remarks from CFPB Acting Director Mick Mulvaney and Louisiana Attorney General Jeff Landry, as well as participation from community groups, industry representatives, state partners, and members of the public.

First Bancshares entering New Orleans with FPB acquisition

BankThink

Community banking M&A Growth strategies Capital Mississippi LouisianaThe Mississippi company will pay $86 million for seven branches with $318 million in deposits.

CFPB's payday rule cuts states off at the knees

Payments Source

The agency’s rule restricting short-term loans ignores state discretion and harms needy borrowers, argues Louisiana’s attorney general. Payday lending Consumer banking Consumer lending Payments CFPB

7.30.19 Your morning briefing

Payments Source

Today: BofA ends First Data joint venture; Capital One and Sephora suffer breaches; Grab uses infusion to expand in Indonesia; Ripple wants to be seen as different than Libra; A ransomware emergency in Louisiana; Amazon expands into food delivery in India.

Nearly two years into turnaround, MidSouth chief still has his hands full

BankThink

Community banking Capital M&A Energy industry LouisianaJames McLemore, one of our community bankers to watch in 2019, has more energy loans to purge and must exit the Small Business Lending fund and a BSA-related enforcement action.

Where the small-bank lobby will focus next

BankThink

Community banks De novo institutions Regulatory relief CECL ICBA Louisiana TennesseeCongress granted banks significant reg relief last year, but incoming ICBA Chairman Preston Kennedy says a lighter touch is needed with Bank Secrecy Act rules, loan-loss modeling and call reports.

Investar to enter Alabama with Bank of York deal

BankThink

The Louisiana company will pay $15 million in cash for Bank of York. Community banking M&A Growth strategies

Speak consumers’ language

CU Insight

When consumers at a testing session she witnessed delivered unfavorable reviews of Louisiana Federal Credit Union’s award-winning website, Chief Administrative Officer Mia Perez was “devastated.”. “We