Associated PressNews

Biggest Louisiana-based bank to close 22 branch locations

By:
  • AP

LAFAYETTE, La. (AP) — The largest financial institution headquartered in Louisiana says it’s closing or consolidating 22 branch locations this year.

News outlets reported Monday that Lafayette-based IberiaBank will have less than 300 locations across the southeastern U.S. following the closure or consolidation at the branches during the second and third quarters of 2018.

IberiaBank Corp. said in a statement that the move is part of its strategy to improve efficiency, especially as it progresses toward digital banking.

IberiaBank President and CEO Daryl Byrd says the new closures are intended to optimize the bank’s branch and ATM network. He says IberiaBank’s clients increasingly use and become more reliant on its digital channels.

Since the end of 2014, the bank has opened or acquired 81 branches and closed or consolidated 53 locations, excluding those recently disclosed.

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After spending the last few years in television and radio, Tyler Moody comes to REALShreveport.com to head the sports’ department. An Elysian Fields, Texas and Shreveport native, Tyler has followed sports in the area his entire life. From a young age, his love for pure competition grew year after year. “Moody” attended high school in Shreveport at the athletic powerhouse that is Evangel Christian Academy. He was a starting pitcher and garnered multiple all-state accolades along with a 2009 state championship as an Eagle. He has taken the knowledge gained on the field and applied it to his career in sports. An avid fantasy sports player, Moody has become the go-to guy for fantasy talk and advice in the Ark-La-Tex. Now, he hopes to continue to grow REALShreveport.com into Shreveport’s go-to for area sports.

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