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Banking

Liberty Bank and Trust President Todd McDonald Named to Forbes 2024 BLK 50 List

NEW ORLEANS (press release) - The Liberty Bank and Trust Company President, Todd McDonald, has been named to the Forbes BLK 50 List for...
Banking

FHLBank Atlanta Awards More Than $55 Million for Affordable Housing Development in New Orleans

ATLANTA, Ga. (press release) — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced the recipients of its 2024 Affordable Housing Program (AHP) General...
Banking

US Stocks Fall Sharply and Dow Tumbles 1,100 points after Fed Hints at Just 2 Rate Cuts for 2025

NEW YORK (Associated Press) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it...
Banking

The Federal Reserve Expects to Cut Rates More Slowly in 2025

NEW YORK (Associated Press) — The Federal Reserve's third interest rate cut of the year will likely have consequences for debt, savings, auto loans,...
Banking

Louisiana Gov. Jeff Landry Launches DOGE-like Government Savings Initiative

BATON ROUGE, La. (Louisiana Illuminator) — Following in the footsteps of President-elect Donald Trump, Gov. Jeff Landry will establish a program to seek out...
Banking

White House Tackling Overdraft Fees

NEW YORK (Associated Press) — The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House's...
Banking

Two Credit Unions in Mississippi and Louisiana are Planning to Merge

BILOXI, Miss. (Associated Press) — One credit union based in Mississippi and one based in Louisiana on Wednesday announced plans for a merger. The Louisiana-based...
Banking

Bonvenu Bank Opens New Branch in Gretna on Belle Chasse Highway

GRETNA, La. (press release) - Bonvenu Bank commemorated the grand opening of its new branch in Gretna on Wednesday, Nov. 6.  Jefferson Parish government and...
Banking

How Will the Recent Rate Cut Affect Homebuying?

Due to easing concerns about inflation and economic growth, the Federal Reserve lowered interest rates in September by 50 basis points, putting rates at...
Banking

BankPlus Celebrates Grand Opening of Renovated Northpark Branch in Covington

COVINGTON, La. (press release) – BankPlus held a grand reopening ceremony on Oct. 24 for its newly renovated Northpark branch in Covington. This event,...
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