Lafayette-based MidSouth Bancorp Inc. is doubling its Baton Rouge presence by buying two banking center locations.
Subject to regulatory approval, MidSouth is acquiring the former Hancock Bank branch at 2927 Sherwood Forest Blvd. and former Whitney Bank branch at 6031 Jones Creek Road for an undisclosed price.
The two branches were put up for sale after a consolidation of locations from the merger of Hancock and Whitney.
“These former Hancock and Whitney locations are a perfect distance from our two existing banking centers, allowing us to expand both our commercial and consumer reach in the Baton Rouge market,” said MidSouth Bank Regional President Paul Judice. “The investment in these two locations will support our future growth in Baton Rouge and into surrounding parishes, while providing more convenience for our existing customers.”
MidSouth’s existing branches in Baton Rouge are at 6677 Siegen Lane and 6919 Corporate Blvd. at Towne Center.
MidSouth Bank plans to open the Sherwood location in September and the Jones Creek location in October.
MidSouth also is constructing a new location at 800 Veterans Drive in Carencro, expected to open in August.
The three new centers will increase MidSouth’s number of locations in Louisiana and Texas to 43.