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Louisiana regulator OKs 2 banks' branch proposals

TwoLouisiana banks are planning to open branches in the state, while anotherclosed a branch, according to the Louisiana Office of Financial Institutions'monthly bulletin.

Thestate regulator on Aug. 23 approved Metairie, La.-based 'sproposal to open a branch in Covington, La.

Onthe same date, Delhi, La.-based Commercial Capital Bank also received state approval toopen a branch in Oak Grove, La.

Accordingto the regulator, Abbeville, La.-based Gulf Coast Bank closed its branch on Charity Street inAbbeville, La., effective June 8.In addition, NewOrleans-based First Bank andTrust proposed to open a branch of unit in Miramar Beach,Fla.