The Pinhook Road location that housed MidSouth Bank when it opened for business in February 1985, known as “The Hut,” is being demolished.
The 3,000-square-foot branch, located at 1926 W. Pinhook Road, has not been occupied by MidSouth Bank since 1993, when the bank moved its headquarters to downtown Lafayette. The building being razed due to structural problems.
“We have always had a very fond attachment to that little hut,” MidSouth Bank President and CEO Rusty Cloutier said. “And we are once again reminded of our humble beginnings, when all of our business was conducted at a desk and in a single location. No teller line and certainly no drive-thru.”
MidSouth Bank is a wholly owned subsidiary of MidSouth Bancorp Inc., which trades on the NYSE and has since grown into an almost $2-billion-asset financial institution with 60 locations in Louisiana and Texas.
Recalling that he was the designated lawn mower, Cloutier said the staff did all of the maintenance and upkeep of The Hut in the early days. Three of those staff members, Cloutier included, remain with the bank to this day. The others are Controller Teri Stelly and Electronic Payment Supervisor Brenda Jordan.