Posted: Aug 24, 2010 8:08 AM by Andrea Fontenot
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.