Louisiana bank expands to Baton Rouge through purchase

August 16, 2017 by  

BOJ Bancshares, Inc. and its wholly owned subsidiary, The Highlands Bank in Jackson have recently been purchased by Investar Bank. The transaction is expected to be completed in the fourth quarter of this year.

As Highlands Bank offers a full range of banking services and products to the residents of the parishes of East and West Feliciana and in Baton Rouge, this acquisition of Investar will enable the company to expand its footprint in the market of Baton Rouge. It will also be able to build on its name of excellent client service and growth.

Highlands Bank will also benefit from the expanded resources and additional financial strength of a larger banking institution. Although the name of the bank will be changed to the Investar name, those who work at the branch offices will remain in their positions and be able to provide their personal services to their customers.

This provides an opportunity for business card printing companies, as these employees will need new business cards with the new name of the bank.

President and Chief Executive Officer of Investar, John D’Angelo, said the company is excited about being able to expand in the market of Baton Rouge with this acquisition, as The Highlands Bank aligns with the strategy of the company to expand its brand through existing and surrounding markets.