Despite High-Profile Failures, Local Exec Says Banking Industry Is Healthy

Despite High-Profile Failures, Local Exec Says Banking Industry Is Healthy

03/13/2023

No doubt, there will be books and documentaries galore about last week's Silicon Valley Bank and Signature Bank failures, which rank as the second and third worst in U.S. history. Right now, everyone just wants to know that it won't be the start of a trend.

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Local bankers urge calmness amid California bank failures

Local bankers urge calmness amid California bank failures

03/13/2023

Investors across the country were spooked by the collapse of Silicon Valley Bank and Signature Bank over the weekend, but local bankers say the community bank system in Louisiana is safe and secure.

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Will the Silicon Valley Bank collapse impact Baton Rouge?

Will the Silicon Valley Bank collapse impact Baton Rouge?

03/13/2023

While investors around the nation scramble this morning following two bank failures in less than 48 hours, Fidelity Bank and NOLA Lending President and CEO Chris Ferris does not foresee a larger collapse of the industry.

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Fidelity Bank purchases property on Bluebonnet to open branch

Fidelity Bank purchases property on Bluebonnet to open branch

03/06/2023

Fidelity Bank will open its second Capital Region branch, in the unoccupied former bank building across from the Renaissance Hotel.

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Louisiana banks focus on deposits to avoid liquidity crunch

Louisiana banks focus on deposits to avoid liquidity crunch

03/02/2023

As consumers head toward the third month of 2023, inflation remains high, the threat of a recession lingers, and large companies are announcing massive layoffs.

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