Hancock to close up to 45 branches
NEW ORLEANS- The CEO of Hancock Holding Co., the parent company of Whitney Bank, says up to 45 branches will be closed within its five-state area by the end of the year.
Hancock President and CEO Carl Chaney wouldn't say where the closures will occur, but said that the closures would have "little impact" on its core markets in New Orleans and along the Mississippi Gulf Coast.
He says most of the closings and consolidations will be in markets where the company is repositioning its focus.
Hancock operates more than 250 branches in Alabama, Florida, Louisiana, Mississippi and Texas, including more than 50 in the greater New Orleans area under the Whitney brand.