Recent News

Interest Rates and Inflation are Both Up

March 07, 2022

The Federal Reserve said that they will increase interest rates at least three times this year, and possibly more, beginning in March. This will ripple through the economy causing mortgage rates and loan rates to increase. Consumer savings rates will also increase but will lag the Federal Reserve rate increases. First, what happened? Consumer …

Bead Donation Sites

March 04, 2022

Looking to clear out some of those Mardi Gras throws? There are a few great options around the Greater New Orleans area for you to donate! ArcGNO Arc of Greater New Orleans (ArcGNO) works to secure for all people with intellectual disabilities opportunities to develop, function, and live to their fullest potential. Among a host of programs, …

Mardi Gras Hours

February 23, 2022

ALL BRANCHES except for those in Baton Rouge will be closed on Tuesday, March 1st. In addition, please make a note of the following closures due to Mardi Gras parades: Magazine Branch Monday, February 28th - Closed at 3pm St. Charles Main Office Monday, February 28th - Closed at 3pm Extended Client Services can be …

Preventing Check Washing

February 16, 2022

A recent wave of mail theft has hit our area, leading to check washing, a crime that the US Postal Inspection Service defines as scams that “involve changing the payee names and often the dollar amounts on checks and fraudulently depositing them.” Often stolen checks are placed in a chemical bath to remove the handwritten information so that the …

Gulf Coast Bank & Trust Experiences Record Growth in 2021

February 09, 2022

NEW ORLEANS (February 8, 2022) – Today, Gulf Coast Bank & Trust Company President and CEO, Guy T. Williams, announced record growth for year ended December 31, 2021. President Williams attributed the record growth to, among other things, very strong results in home mortgage lending and education services.  The bank is one of the largest …