Cross Keys Bank in St. Joseph, La., has named a new president and elected a new chairman.
Shane Bridges was promoted from chief credit officer to president of the $320 million-asset bank in January. Bridges has worked for Cross Keys since 2002 and had been chief credit officer since 2009..
Bridges succeeded Michael Vizard, who will remain chief executive. Vizard was also named chairman of Cross Keys, succeeding William Watson. Vizard had been the bank's president and CEO since 2005.
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The Mississippi bank hopes its settlement talks with the CFPB and Justice Department ultimately clear the way for it to complete acquisitions in Texas and Louisiana, but time is running short.
January 26 -
Grant Bancshares in Natchitoches, La., has acquired Bank of Ringgold in Louisiana.
January 5 -
The $938 million-asset company will incur $400,000 in expenses from shutting down the unit, including $300,000 for contract termination costs and $100,000 for severance and employee benefits.
November 20
Additionally, Rebecca Vizard was named chairman of BSJ Bancshares, the holding company for Cross Keys Bank, also succeeding William Watson in that role. Ben Watson remains president and CEO of BSJ Bancshares
Cross Keys Bank was founded in 1902. Its nine branches are in Bossier City, Monroe, Newellton, Rayville, Shreveport, Sterlington, St. Joseph, Tallulah and West Monroe.