Recent News
Let's Talk: Retire Early!
February 9, 2023

For some of us, the pandemic was a wake-up call. It prompted us to rethink our health, our priorities, and our finances. And for over 3 million Americans, the pandemic pushed them into early retirement due to layoffs, job eliminations, or they simply decided to speed up their planned retirement to avoid the constant changes in the workplace. You …
Gulf Coast Bank & Trust Company Announces Record Earnings for 2022
January 25, 2023

Gulf Coast Bank & Trust Company President and CEO Guy T. Williams announced record earnings for the year ended December 31, 2022. Gulf Coast Bank & Trust earned $65,712,000 pre-tax in 2022, while in 2021, the bank earned $61,675,000 for the same period. Williams attributed the increase in earnings to the continued strength in the business …
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 …