Investar Bank has purchased a .73-acre site along La. Highway 1 in Port Allen and plans to open its second branch there in early 2009. The Baton Rouge-based community bank paid $265,000 for the property. Investar plans to build a 2,700-square-foot branch on the site, with drive-thru lanes and an ATM. Investar moved into its permanent home on Perkins Road at the end of May. Patrice Theriot, assistant vice president, says more locations in Baton Rouge and surrounding cities are being considered.
Will the ongoing national economic downturn impact your support of Mayor Kip Holden’s $989 million capital improvements project?
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