NEW IBERIA, LA — (Marketwire) — 04/18/12 — Patrick Little, President and CEO of Teche Federal Bank, a subsidiary of Teche Holding Company (NYSE Amex: TSH), announced that Teche Federal Bank is planning a new branch for the Baton Rouge area. “This new Teche Federal Bank facility in Baton Rouge demonstrates a significant step in growing our commitment to Baton Rouge,” said Little.
Teche Federal Bank has purchased the property at 5063 Essen Lane with plans to immediately demolish the former Hancock Bank branch at that location and build a new updated facility for its capital region customers.
Teche Federal Sherwood Forest Branch Sales & Service Manager, Lindsey Robinson-Jones, said, “The Essen Lane location is a very popular area and we are excited about plans for a new branch there.”
Teche Federal Vice President and Commercial Executive, David Henry, stated, “Essen Lane, across from Our Lady of the Lake Hospital, is a prime location for business banking.”
Teche Federal Bank operates nineteen offices in South Louisiana and serves over 60,000 customers. Teche Federal Bank is the fourth largest publicly owned bank based in Louisiana with over $789 million in assets. Deposits at Teche Federal Bank are insured up to the legal maximum amount by the Federal Deposit Insurance Corporation (FDIC). Teche Holding Company-s common stock is traded under the symbol “TSH” on the NYSE AMEX.
Contact:
Patrick Little
President/CEO
Teche Holding Company
(337) 560-7151