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.”
Accept no substitutions for homemade Eggnog
Here's your daily look at late-breaking national and international news, upcoming events and the stories that will be talked about Friday, December 13, 2013:
September's $509 million in sales pushed Lafayette Parish's nine-month total to $4.4 billion.
The Louisiana Supreme Court has punted on its first chance to decide whether a new state constitutional provision declaring gun possession a fundamental right could void a long list of criminal statutes that regulate firearms.
New Orleans' offense, which ranks sixth in the NFL, isn't helping many of its skill players pile up Pro Bowl-type stats. Rather, the approach of coach Sean Payton and quarterback Drew Brees has enabled a wide range of play-makers to emerge periodically with high-production outings.
An ordinance phasing out a rebate businesses receive for collecting and remitting sales taxes is tabled, but it doesn’t solve the vexing issue of government revenue.
From jewelry to home goods, deals abound
Forgiving shapes for NOLA Bowl
As part of a national undertaking known by industry insiders as the “Butterfly Project,” a rebranded version of The Daily Advertiser is set to launch with Sunday’s edition of the Gannett-owned paper.
Louisiana moved up a slot to 48th in the ranking of healthy states — once again, thank God for Mississippi! — so all this frettin’ about Gov. Bobby Jindal’s refusal to expand Medicaid per Obamacare ... fuggidaboutit! We don’t need Medicaid no more!
The Denham Springs woman who placed Christmas lights in the shape of a butter finger on her roof in a display of anger directed at neighbors has doubled the trouble for the 2013 holiday season.
The New Orleans architect behind the 1984 World’s Fair also left his mark on Lafayette.
Laid back vibe just right for NOLA Bowl
The 30-second commercial, to run around the state, is the Democratic senator's first TV spot in her bid for re-election to a fourth term.
It's a number that has edged up but falls far short of the thousands who are eligible for subsidized coverage.
A group of mostly higher education leaders will make recommendations to state lawmakers about how to tweak the policies governing tuition rates charged at the state's public colleges.
Week long specials and a ribbon cutting celebration held in Parc Lafayette
Fort Worth company's new facility at Lafayette Regional Airport will build helicopters primarily for the export market.
Could River Ranch restaurant be the next star?
Move over Hooters — there’s a new breastaurant coming to town.