Recent News

Visit this page to stay up to date with the bank as well as read educational articles on various topics!

 

Empty Your Wallet

Most of us carry cash, credit cards and our driver’s license in our wallet. With today’s technology, you can now lighten your wallet and soon won’t even need to carry a wallet.

Multi-Level Marketing - Opportunity or Scam?

Decades after Tupperware parties and Avon calling, multi-level marketing is back in style. Facebook feeds can become inundated with Rodan and Fields, Amway, Herbalife and LuLaRoe offers. Friends may host parties selling sheets, bags or jewelry or they may ask you to become a seller yourself. The allure of earning some extra cash while working from home on your own schedule can be hard to resist.

Wedding Season Dos and Don’ts

It’s wedding season in New Orleans, which means second lines on Bourbon Street, sentimental toasts and lots of great food and music. For many, it can also mean financial stress.

Interest Rates are Increasing!

Interest rates are increasing! They are not increasing uniformly and they are not increasing for every account, but they are increasing! So, now is the time to “shop” for higher interest rates for your savings accounts, checking accounts and money market accounts. In general, the bigger the bank, the lower the consumer interest rate offered, so be sure to check local banks as well as national banks.

Giving Up Unproductive Debt for Lent

As we celebrate Mardi Gras – world famous for parades, costumes, food, indulgence and decadence – sometimes our minds drift to the origin of the celebration, a last chance for revelry before the 40-day Lent period. As surely as Rex follows Zulu, Ash Wednesday follows Fat Tuesday, and many of us ponder what to give up this year. I usually go with sweets.

New Orleans' Largest Locally Owned Bank Announces Record 2018 Earnings

NEW ORLEANS (January 31, 2019) – Today, Gulf Coast Bank & Trust Company , President and CEO, Guy T. Williams announced record earnings for year 2018.

Spending Wisely

January is a good month for getting organized. January is also a good month for spending wisely.

Privacy Again

You don’t have to read many news stories to realize that personal privacy is something that is difficult to maintain but should be cherished and protected.

Living below your means

My wife and I recently spent the weekend with my first business partner and his wife in Bentonville, Arkansas. We have been friends for nearly half a century. The real estate development business that we started in Atlanta when we graduated from college was the foundation for all of our subsequent investments. The experience that we gained as small business owners at the age of twenty-one has proven to be invaluable.

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