Banking & Finance

How is LSU’s $1.5B capital campaign coming along? 

Despite the challenges LSU has weathered over the past 18 months—a pandemic, a Title IX scandal, a federal investigation into alleged NCAA violations, and a leadership change—its Fierce for the Future campaign is doing well, all things considered.

Pace of bank mergers faster than at any time since 2008 crash

Banks this year are completing acquisitions and mergers at a pace not seen since the 2008 financial crisis, The Wall Street Journal reports.

Louisiana’s unemployment trust fund insolvent by federal standards

The fund Louisiana uses to pay benefits to unemployed workers falls short of federal standards for solvency, according to the Washington, D.C.-based Tax Foundation.

Graves: Debt-ceiling dispute likely to delay flood insurance rate hike

Partisan budget disagreements on Capitol Hill will likely impact the implementation of new flood insurance rates scheduled to take effect Oct. 1, according to U.S. Rep. Garret Graves, R-Baton Rouge.

Courtyard Marriott on South Acadian Thruway sold to New York company

The Courtyard Marriott at 2421 S. Acadian Thruway was sold to a New York-based real estate investment trust for $2 million on Wednesday.

How to request an increase on your EIDL loan 

If you've received an Economic Injury Disaster Loan from the Small Business Administration you might be eligible for more money. SBA lifted the cap on EIDL loans up to $2 million, from $500,000, on Sept. 8. 
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Where home prices are headed, according to forecast models 

But what does softening in the housing market mean for home price growth? The consensus among the industry's forecast models is that we're headed for slower, but still positive growth.

Report: Flood insurance would increase for 80% of Louisiana policyholders

About 80% of Louisiana policyholders who are insured through FEMA’s National Flood Insurance Program would pay more under pending changes to how the program evaluates and prices risk, according to a new report. 

Get to know Investar Bank’s Candace LeBlanc 

Investar Bank Chief Accounting Officer Candace LeBlanc is a native Louisianan, but after graduating from Southeastern Louisiana University she moved to Washington, D.C. hoping to spend time with other young professionals from outside the state.  

Tigeraire is first Louisiana startup to raise seed funding from top 50 venture capital firm

Baton Rouge-based Tigeraire today announced that General Catalyst, the Silicon Valley venture capital firm behind Venmo, Stripe, Airbnb, and TikTok, has signed as their lead investor.