Red River Bank Opens Newest Banking Center in Lake Charles, Louisiana

Rhea-AI Summary

Red River Bank expanded its presence in Louisiana by opening a new full-service banking center in Lake Charles on July 6, 2021, marking its third location in the Southwest Louisiana market and 26th statewide. This strategic initiative, led by Market President Barry Brown, aims to enhance customer convenience and service quality. The new center, located at 1855 Country Club Road, is expected to feature advanced banking technology and a knowledgeable team. A grand opening event is scheduled for August, following the acquisition of the property in December 2020.

Positive

• Opening of the new banking center in Lake Charles enhances customer convenience.
• Strategic expansion into the Southwest Louisiana market supports business growth.
• Experienced management team at the new center strengthens service quality.

Negative

• None.

ALEXANDRIA, La., July 14, 2021 (GLOBE NEWSWIRE) -- Red River Bank opened its newest full-service banking center on July 6, 2021, at 1855 Country Club Road in Lake Charles, Louisiana. This is Red River Bank’s third banking center in the Southwest Louisiana market and its 26th banking center in Louisiana.

Red River Bank Southwest Louisiana Market President Barry Brown has led efforts to develop Red River Bank’s presence in Lake Charles/Sulphur since 2017, when the bank began operations in that market. The bank announced its purchase of the Country Club Road location in December 2020.

Regarding this newest banking center, Barry stated, “Our customers will enjoy the added convenience of another full-service Red River Bank location, at the intersection of Country Club and Nelson roads in Lake Charles. They will also benefit from having an experienced, knowledgeable team and sophisticated technology available to meet their financial needs.”

Banking Center Manager Katelynn Vaughn and her team will host a grand opening of the Country Club Road location in August.

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. 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.

Contact:
Leigh Ann Purvis
Marketing Director
leighann.purvis@redriverbank.net
318-561-5903

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9612623a-b0c4-4b41-bc29-e21efe38e5a7

FAQ

When did Red River Bank open its newest banking center?

Red River Bank opened its newest full-service banking center on July 6, 2021.

Where is the new Red River Bank location?

The new banking center is located at 1855 Country Club Road in Lake Charles, Louisiana.

How many banking centers does Red River Bank have in Louisiana?

Red River Bank now has a total of 26 banking centers throughout Louisiana.

Who is managing the new Red River Bank center in Lake Charles?

Katelynn Vaughn is the Banking Center Manager for the new location.

What is the significance of the new banking center for Red River Bank?

The new center expands Red River Bank's market presence and enhances customer service capabilities in the region.