American Banker: Acquisitive Iberiabank in La. creates $6.7B community investment plan
American Banker, Nov. 9, 2017: Acquisitive Iberiabank in La. creates $6.7B community investment plan
The $22 billion-asset company, which has been an aggressive acquirer in recent months, said in a press release last week that it had worked with the National Community Reinvestment Coalition on the five-year plan.
Starting next year, Iberiabank will increase its focus on mortgages and small business lending, community development, philanthropy and improving access to financial services in low- and moderate-income communities. The plan will focus on the eight states where Iberiabank operates, including Arkansas, Florida, Louisiana, Tennessee and Texas.