Recent News
New Orleans’ Largest Locally Owned Bank Announces Record Earnings
April 20, 2022

NEW ORLEANS (April 20, 2022) – Today at Gulf Coast Bank & Trust Company’s monthly board meeting, President and CEO, Guy T. Williams, announced record earnings for the first quarter. Gulf Coast Bank & Trust earned $16,182,000, pre-tax for the first quarter of 2022, while in 2021, the bank earned $10,907,000 for the same period. Williams …
Prevent Fraud
April 19, 2022

Tips to Prevent Fraud Never give out sensitive information: login or password, secure access code, social security number, card number, PIN, etc. Receive and customize fraud alerts via Digital Banking. Monitor your transaction activity regularly. When in doubt, contact your banker or branch directly. If you are asked to provide …
Are You Real ID Ready? A Guide to Getting Real ID Ready in Louisiana
March 25, 2022

Over 2.9 million people fly in and out of U.S. airports each day.* With COVID-19 cases declining, do you plan to join the many and fly soon? If so, a big change to how airports verify your identity is coming. Beginning May 3, 2023, all domestic air travelers will be required to have a Real ID-compliant license or another acceptable form …
How Can You Help Ukraine?
March 7, 2022

If you are looking for ways help the people of Ukraine, here a few: Consider booking an AirBnB rental in the worn-torn country in places such as Kyiv, Lviv, Kharkiv, Odesa, or Mariupol. People have begun booking the short-term rentals and then donating them as a way to provide aid directly to those who need assistance. From a …
Interest Rates and Inflation are Both Up
March 7, 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 …