LAFAYETTE – MidSouth Bancorp, Inc. is holding a series of town hall-style meetings throughout Louisiana and Texas to let small business know about the bank’s financial condition.
The hour-long meetings, which begin at 6 p.m., are intended to let customers know the bank is “well-capitalized and proactively lending in order to stimulate the economy,” according to an announcement from the bank. Elected officials and community leaders have also been invited to the meetings. Meetings along the 10/12 corridor are as follows:
:: Baton Rouge – Jan. 26, 6919 Corporate Blvd.
:: Lafayette – Jan. 28, 102 Versailles Blvd.
:: Breaux Bridge – Jan. 29, 728 Berard St.
:: New Iberia – Feb. 10, 2309 Old Jeanerette Road
:: Lake Charles – Feb. 12, 813 Lake Shore Drive
:: Jennings – Feb. 19, 1110 N. Main St.
“We’re conducting these Town Hall meetings because we’re in the business of lending money, and we want to deliver that message,” MidSouth Bank President and CEO Rusty Cloutier says. “We recognize that small business is what drives our economy, and we will do everything in our power to encourage and support economic expansion in every market we serve.”
MidSouth Bank recently announced that it sold $20 million worth of its preferred stock to the U.S. Department of the Treasury in association with the Capital Purchase Program.