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Opis
Gulf Coast bank started in 1990 during one of the worst years in banking history. The prior year, 534 banks failed and in 1990, a total of 382 banks failed. Louisiana was in the grip of a deep recession with declining property values and high unemployment.
In that tough year we started a new bank and purchased four failed intuitions. From that group we put together a branch network, a deposit base and a team of dedicated bankers. On our first day of operation we had thirteen employees and 30 million in assets.
Today we have over 1 billon dollars in assets and over 350 employees.
Our philosophy remains the same; we do the right thing for our customers. We help them to make good investments and we make sure that they are using the banking services that fit their needs.
Timeline
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