Recent News

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 …

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 …

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 …

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 …

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 …