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Iberiabank merging 2 subsidiaries

4 years ago August 24, 2010 Aug 24, 2010 Tuesday, August 24 2010 Tuesday, August 24, 2010 7:08:41 AM EDT in News
Source: Associated Press

Iberiabank Corp. says it is merging its two financial subsidiaries.

The federally chartered Iberiabank fsb thrift will be combined with the commercial bank Iberiabank. The Lafayette-based company says the merger should be completed in early October.

Iberiabank says the move will increase its flexibility in light of recently enacted financial regulatory legislation.

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