BancorpSouth is expanding its local footprint with the construction of an 8,000-square-foot office building on Settlers Trace Boulevard, which will serve as a headquarters for the Mississippi-based company’s Acadiana offices, and will also mean the hiring of additional employees upon its completion early next year.
With the ground cleared and construction expected to get under way before summer’s end, Ken Judice, BancorpSouth’s top Acadiana executive, says the Settlers Trace office should open its doors for business within the first quarter of 2014.
“It will be ready sometime after Jan. 1, and hopefully before Mardi Gras if all goes according to plan,” Judice tells ABiz.
The two existing Lafayette offices — including a full-service branch on Rue Jean Lafitte and a loan production office on Silverstone Road in River Ranch — will merge into one with the opening of the Settlers Trace office.
The new location will also create up to six additional jobs — both executive and entry-level positions. Those new hires, Judice tells ABiz, will be added to the existing 18 employees working at the Lafayette, Broussard and New Iberia branches.
“Our performance here in South Louisiana has been very positive, and Lafayette is one of the top performing markets within the franchise,” says Judice. “Everything we’re hearing from corporate about the South Louisiana market here has been extremely positive and confident, especially in regards to Lafayette.”
Thousands of people who bought health insurance through the marketplace created by the federal health care overhaul face price hikes next year that could top 10 percent.
Three bedroom traditional Lafayette home or three bedroom Breaux Bridge home
Style market slated for old Artesia
The city prosecutor has released the case file for Lafayette Parish School Board member Tehmi Chassion’s simple battery complaint against Superintendent Pat Cooper, and the seven witness statements given to police illustrate two very different scenarios.
Acadiana's nightlife guide.
Louisiana fell one spot in an annual national ranking of child well-being that looks at poverty, education and health access.
A federal judge has decided he doesn't need to hear more arguments in the case of a gay couple who want a Louisiana marriage license.
Saints again bring playoff aspirations into 2014 campaign.
New details in the case against the man arrested for last week’s bomb threat and bank robbery has surfaced, including a MidSouth Bank surveillance video showing the alleged suspect attempt an early-morning bank robbery.
Citing conflicting witness accounts, the city prosecutor will not pursue Tehmi Chassion’s allegation of simple battery against Superintendent Pat Cooper.
Wednesday's Blogs from the Bog!
Smoked meat, fresh sides and the best boudin around
Michael Sam focuses on making the team; Christians flee Mosul; Kerry at work in Middle East and more national and international news for Wednesdays, July 23, 2014.
Mellow Mushroom Pizza Bakers opens on Johnston.
Cirque du Soleil effortlessly combines circus art with beloved Michael Jackson hits.
Kelly Guidry Open House
Parents and teachers who support the Common Core education standards sued Gov. Bobby Jindal Tuesday over his actions against the multi-state standards, accusing him of illegally meddling in education policy.
Acadiana's nightlife guide.
An arrest was announced this morning in connection with last week’s bomb scare at UL Lafayette.
Attorneys, judges and others interviewed by LaPolitics expect 15 to 20 district judge races this year.
"I feel like I'm under siege," an attorney said recently over drinks at Galatoire's Bistro in Baton Rouge. "We all do. Every time I turn around somebody wants a check. District attorney races. The judges. They're killing us."
As a requirement for running for Congress in the 6th District, former Gov. Edwin Edwards has filed his financial disclosure statement with the U.S. House showing his income in 2013 totaling $242,787.
Unlike those swindled by Bernie Madoff, the victims of Texas businessman Robert Allen Stanford’s Ponzi scheme won’t be getting any relief from the Securities Investor Protection Corp.’s emergency fund after a recent appellate court ruling.
Acadiana's Top 50 Private Companies
It would be an understatement to say Schumacher Group had a challenging year in 2013.
Hampton Toyota has been serving Acadiana as the premier Toyota dealership for more than 10 years. And now, the glossy Johnston Street dealership is looking forward to a makeover.
Even when Floyd Degueyter is on “vacation” he’s hard at work.
As the second largest metal heat treating company in the country, Analytic Stress Relieving Inc. has grown by leaps and bounds since its inception in 1979.
When the Prohibition era came to an end in 1933, Joseph R. Streva saw an opportunity to make a little extra money to supplement his day job.
When a hurricane hits, Brent Mouton doesn’t run. The convenience store chain owner is proof that the challenges of mother nature can almost break a business, but Mouton learned to grow out of temporary closure from near devastation in 2002 and of lost potential revenue.