Teche Federal Bank Announces Plans for New Branch in Baton Rouge
April 18, 2012 15:08 ET
Teche Federal Bank Announces Plans for New Branch in Baton Rouge
NEW IBERIA, LA--(Marketwire - Apr 18, 2012) - Patrick Little, President and CEO of Teche Federal Bank, a subsidiary of Teche Holding Company (
Teche Federal Bank has purchased the property at 5063 Essen Lane with plans to immediately demolish the former Hancock Bank branch at that location and build a new updated facility for its capital region customers.
Teche Federal Sherwood Forest Branch Sales & Service Manager, Lindsey Robinson-Jones, said, "The Essen Lane location is a very popular area and we are excited about plans for a new branch there."
Teche Federal Vice President and Commercial Executive, David Henry, stated, "Essen Lane, across from Our Lady of the Lake Hospital, is a prime location for business banking."
About Teche Federal Bank
Teche Federal Bank operates nineteen offices in South Louisiana and serves over 60,000 customers. Teche Federal Bank is the fourth largest publicly owned bank based in Louisiana with over $789 million in assets. Deposits at Teche Federal Bank are insured up to the legal maximum amount by the Federal Deposit Insurance Corporation (FDIC). Teche Holding Company's common stock is traded under the symbol "TSH" on the NYSE AMEX.