Red River Bank Breaks Ground on Metairie Branch
METARIE, La., September 26, 2023—Red River Bank hosted a ground-breaking ceremony for its third banking location in the New Orleans market on September 26, 2023. Located at 1914 Veterans Memorial Boulevard in Metairie, this branch is expected to celebrate its grand opening during the third quarter of 2024 as Red River Bank's 28th banking center in Louisiana.
Elected officials, community leaders and bank representatives attended the ground-breaking ceremony. Red River Bank President and CEO, Blake Chatelain, and New Orleans' Market President, Meghan Donelon, led the ceremony with participation from the Honorable Jennifer Van Vrancken, Councilwoman, District 5; Jefferson Chamber President, Ruth Lawson; Landis Construction President, Anne Teague Landis and President of JEDCO, Jerry Bologna.
This ground-breaking ceremony comes only a year after the bank opened its 700 Baronne Street Branch in New Orleans on the heels of the Bank's entry into the market with the opening of a combined loan and deposit production office at 1100 Poydras Street, Suite 925, in New Orleans in December 2021.
Red River Bank President and Chief Executive Officer Blake Chatelain, stated, "The success of both the Poydras Street and 700 Baronne Street branches have allowed us to continue to press forward with our strategy to build a statewide presence. Today, our delivery on a promise kept with this third New Orleans expansion speaks to our deep commitment to this area for the long-haul. It is our vision to bring our customers in this area a full-service, Louisiana-based, community-banking experience through individual and commercial products inclusive of traditional retail, mortgage, private & investment banking. Customers can expect the same relationship-focused approach to banking as found at all Red River Bank branches as well as our commitment to supporting local, community-based programs important to this area."
Red River Bank's New Orleans Market President, Meghan Donelon has led efforts to develop the Bank's presence throughout New Orleans since joining the Bank in September 2021. "What sets Red River Bank apart is our genuine desire to listen to customers' needs and react to those needs quickly," stated Donelon. "Credit decisions are made locally, and support is provided by our experienced team of individuals. Day-to-day customer service is easily accessible, now more than ever with three locations. Louisiana is the focus of our bank, and we are thrilled to offer New Orleans its third Red River Bank location."
About Red River Bank
Red River Bank is a Louisiana state-chartered bank established in Alexandria, Louisiana, in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of its commercial and retail customers. Red River Bank operates from a network of 27 banking centers throughout Louisiana and one combined loan and deposit production offices in New Orleans, Louisiana. Banking centers are located in the following Louisiana markets: Central, which includes the Alexandria metropolitan statistical area ("MSA"); Northwest, which includes the Shreveport-Bossier City MSA; Capital, which includes the Baton Rouge MSA; Southwest, which includes the Lake Charles MSA; the Northshore, which includes Covington; Acadiana, which includes the Lafayette MSA; and New Orleans. Red River Bank is a subsidiary of Red River Bancshares, Inc., which trades under the trading symbol RRBI on the Nasdaq Global Select Market. Learn more at redriverbank.net.