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re: First NBC Bank selling 9 branches to Whitney
Posted on 1/3/17 at 3:00 pm to GeauxTigers1983
Posted on 1/3/17 at 3:00 pm to GeauxTigers1983
quote:
Very true. They may be selling the branches that the other bank did not want to get more value and then sell itself to another bank.
Seems to be a some different small/regional banks around each location, with a few Whitney Banks next door or across the street.
Of all locations, the following number of banks are near them:
Iberia, Gulf Coast, First American - 2 each
Investar, Regions, Midsouth, Florida Parishes - 1 each.
(I didnt include Cap One, Chase, etc.)
I could see a bank like FABT or Investar getting a great deal on establishing their brand better in the FNBC markets. But I know nothing of any bank financials.
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
Posted on 1/3/17 at 3:05 pm to TigerRob20
quote:
with a few Whitney Banks next door or across the street.
probably upgrading to newer facilities
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