Two Louisiana-based banks merge, no impact to customers

Two Louisiana-based banks merge, no impact to customers

POSTED: Thursday, November 15, 2012 - 6:45pm

UPDATED: Thursday, November 15, 2012 - 6:49pm

A local bank is changing hands, and changing its name.

Red River Bank announced it bought Fidelity Bank. Fidelity has 5 branches in the Greater Baton Rouge area, 50 employees, and more than $100-million in assets.

Red River is based in Alexandria and is almost 10 times as big.

Fidelity says it will take the Red River name when the merger is completed early next year.

It says all 5 local branches will remain open, and customers won't see any impact related to accessing their money.
 

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