Recent News

The Inflation Reduction Act of 2022 and You

September 12, 2022

What does the newly-passed Inflation Reduction Act mean for you? This bill has a lot of moving parts, so for simplicity’s sake, we are just going to focus on the provisions that directly affect individuals. The bill creates and extends tax credits for energy efficiency while also creating direct rebates that will be administered by the …

Gulf Coast Bank & Trust Company Acquires Minnesota-Based KLC Financial

August 29, 2022

NEW ORLEANS, LA – August 29, 2022 – Gulf Coast Bank & Trust Company today announced it has acquired the assets of KLC Financial, Inc and KLC Capital Partners, LLC (together “KLC”) and is continuing KLC’s success as KLC Financial, LLC, a subsidiary of Gulf Coast Bank. Founded in 1987 and located in Minnetonka, Minnesota, KLC …

Gulf Coast Bank & Trust Co. Enters New Partnership with University of New Orleans Athletics

August 24, 2022

NEW ORLEANS – August 24, 2022 - Gulf Coast Bank & Trust Company and University of New Orleans Athletics held a press conference announcing their partnership on Wednesday, August 24 at 8 a.m. at the 1825 Veterans Blvd. branch of the bank in Metairie. The two-year partnership is the largest in New Orleans program history. “We at …

Preparing for a Financial Hurricane

July 19, 2022

Jamie Dimon, chairman of Chase Bank, said he expects a financial hurricane. His quote was, “That hurricane is right out there down the road coming our way.” Mr. Dimon is no meteorologist, and neither am I, but I would like to talk about the reality of a financial hurricane, planning for the big wind and rain events that we might expect this …

Gulf Coast Bank & Trust Company Supports NOLA Coalition

July 19, 2022

GULF COAST BANK & TRUST COMPANY SUPPORTS NOLA COALITION NEW ORLEANS (July 14, 2022) - Today Gulf Coast Bank & Trust Company donated $50,000 to On Scene Services (OSS) in support of NOLA Coalition with the goal of freeing up New Orleans Police Department (NOPD) resources and making New Orleans a safer city. OSS employs …