Red River Bank Holds Ribbon Cutting for Lake Charles, Louisiana, Banking Center

Rhea-AI Summary

Red River Bank inaugurated its new full-service banking center on November 4, 2021, located at 1855 Country Club Road in Lake Charles, Louisiana. This facility, which opened on July 6, 2021, marks the bank's third center in Southwest Louisiana and its 26th in the state. The ceremony was attended by key officials, including President and CEO Blake Chatelain and Mayor Nic Hunter. Chatelain emphasized the convenience offered to local customers, while Swift from the Economic Development Alliance highlighted the bank's positive impact on the region. Red River Bank is a subsidiary of Red River Bancshares, trading as RRBI.

Positive

• Opened a new full-service banking center, enhancing local banking options.
• The center is part of a strategic expansion in Southwest Louisiana.
• Positive community reception, indicated by attendance of local officials.

Negative

• None.

ALEXANDRIA, La., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Red River Bank hosted a ribbon-cutting ceremony for its newest full-service banking center on November 4, 2021, at 1855 Country Club Road in Lake Charles, Louisiana. This location opened on July 6, 2021, as Red River Bank’s third banking center in the Southwest Louisiana market and its 26th banking center in Louisiana.

Approximately 40 elected officials, other community leaders, and bank representatives attended the ribbon cutting. Red River Bank President and CEO Blake Chatelain and Southwest Louisiana Market President Barry Brown led the ceremony, with participation from Reverend Paul Burke of Glad Tidings Church, Lake Charles Mayor Nic Hunter, and Southwest Louisiana Economic Development Alliance President and CEO George Swift.   

“Since the Country Club Road banking center opened in July, our Lake Charles-area customers have enjoyed the added convenience of another full-service Red River Bank location,” stated Chatelain. “Banking Center Manager Katelynn Vaughn, Commercial Banker Fil Bordelon, and Market President Barry Brown lead an experienced, cohesive team in providing financial solutions to meet the unique needs of customers throughout the southwest market.”

Swift stated, “Strong financial institutions are important to our region. We are pleased that Red River Bank is expanding in our area with the new Country Club Road banking center and wish them much success."

About Red River Bank
Red River Bank is a Louisiana state-chartered bank established in Alexandria, Louisiana, in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of its commercial and retail customers. Red River Bank operates from a network of 26 banking centers throughout Louisiana and one combined loan and deposit production office in Lafayette, Louisiana. In August 2021, the bank announced its planned expansion into New Orleans, Louisiana. Red River Bank is a subsidiary of Red River Bancshares, Inc., which trades under the trading symbol RRBI on the Nasdaq Global Select Market. Learn more at redriverbank.net.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/56077fed-6390-482a-a530-7bcf73d42ef2.

FAQ

What is the significance of the new banking center opening for RRBI?

The new banking center enhances Red River Bank's presence in Southwest Louisiana, catering to local customer needs and demonstrating growth.

When did Red River Bank's new location officially open?

The new banking center officially opened on July 6, 2021.

Where is the new Red River Bank location situated?

The new location is at 1855 Country Club Road in Lake Charles, Louisiana.

Who attended the ribbon-cutting ceremony for the new banking center?

Approximately 40 elected officials, community leaders, and bank representatives, including Mayor Nic Hunter and President Blake Chatelain, attended the ceremony.

What is the trading symbol for Red River Bancshares?

Red River Bancshares trades under the symbol RRBI on the Nasdaq Global Select Market.