Red River Bancshares, Inc. and Red River Bank Announces Board Changes
February 25, 2021 at 09:45 pm
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Red River Bancshares, Inc. announced that its founding director John C. Simpson has decided to transition from his role as Chairman of the Board of the Company and Red River Bank, the Company’s wholly-owned subsidiary. Simpson will remain a member of the board of directors of the Company and Red River Bank, serving with the distinction of Chairman Emeritus. Teddy R. Price, who is also a founding director, has been elected by the board to serve as Chairman of the Board of the Company and Red River Bank. The board also appointed Anna Brasher Moreau, DDS, MS, as an independent director to the Board of the Company and Red River Bank. All changes are effective February 25, 2021.
Red River Bancshares, Inc. is the bank holding company for Red River Bank (the Bank). The Bank is a Louisiana state-chartered bank that provides a fully integrated suite of banking products and services tailored to the needs of commercial and retail customers. The Bank operates from a network of approximately 27 banking centers throughout Louisiana and one combined loan and deposit production office in New Orleans, Louisiana. It targets privately-owned commercial and industrial operating companies for both credit and treasury management services, while also providing owners and employees with the same customized, personal service for their individual financial needs. It offers a range of deposit products, including checking, savings, money market accounts, and time deposits. It offers real estate loans, commercial and industrial loans, tax-exempt loans, consumer loans, and loans held for sale. It also offers online banking services, night deposits, telephone, mail, and mobile banking.