-
Fidelity Homestead Savings Bank in New Orleans has acquired regional mortgage lender NOLA Lending.
January 15 -
The Treasury Department is planning to wind down its Troubled Asset Relief Program investments in six financial institutions by auctioning off approximately $358 million in preferred stock and subordinated debt investments.
February 5
First Trust in New Orleans has been freed from a written agreement with the Federal Reserve Board.
The June 2012
In August, First Trust was released from a July 2010 consent order from the Federal Deposit Insurance Corp. The order required First Trust to address issues relating to management, loan quality, earnings, liquidity, capital and sensitivity to market risk.