PEDESTAL BANK

  • Bank Name:Pedestal Bank
  • Bank Class:State Chartered - FED Nonmember Bank
  • FDIC ID:Certificate #35005 - Inactive
  • FED RSSD ID:#2760102 - Inactive
Headquarters:1300 West Tunnell Boulevard, Houma, Louisiana 70360
Acquired by b1BANK
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HISTORY OF PEDESTAL BANK

Pedestal Bank, originally established as Coastal Commerce Bank on January 11, 1999, operated primarily in Louisiana. The bank underwent significant changes and growth throughout its history, particularly on February 20, 2018, when it adopted the name Pedestal Bank and acquired four financial institutions: Tri-Parish Bank in Eunice, Teche Bank & Trust Co. in Saint Martinville, Kaplan State Bank in Kaplan, and City Savings Bank & Trust Company in Deridder. In a strategic move to enhance its services and reach, the bank's main office was relocated to 1300 West Tunnell Boulevard in Houma, Louisiana, on July 7, 2003. Ultimately, Pedestal Bank merged with b1BANK on May 1, 2020, becoming part of the larger banking institution based in Baton Rouge, Louisiana.

Below is a list of some important events in banks history, including mergers and acquisitions.

DATEEVENT

1999-01-11Institution established. Original name: Coastal Commerce Bank.

2003-07-07Main Office moved to 1300 West Tunnell Boulevard, Houma, LA 70360.

2018-02-20Changed Institution Name to Pedestal Bank.

2018-02-20Acquired City Savings Bank & Trust Company in Deridder, LA.

2018-02-20Acquired Kaplan State Bank in Kaplan, LA.

2018-02-20Acquired Teche Bank & Trust Co. in Saint Martinville, LA.

2018-02-20Acquired Tri-Parish Bank in Eunice, LA.

2020-05-01Merged and became part of b1BANK in Baton Rouge, LA.

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