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Louisiana Community Bancorp's 5 banks to merge

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Louisiana Community Bancorp's 5 banks to merge

Louisiana Community Bancorp Inc. is looking to consolidate the operations of its five subsidiary banks, all based in Louisiana, according to a letter to customers.

St. Martinville-based Teche Bank & Trust Co., Eunice-based Tri-Parish Bank, DeRidder-based City Savings Bank & Trust Co., Kaplan-based Kaplan State Bank and Houma-based company Coastal Commerce Bank will unite as one bank with one charter and a new bank name.

The Houma-based company is going through the regulatory steps needed to close the process of merging its banks in the first quarter of 2018.