Lake Charles, Louisiana
The organizers and management of Lakeside Bank (I.O) are excited to announce the preliminary approval of their new bank charter by the Louisiana Office of Financial Institutions and the FDIC.
This group is led by Hartie Spence, proposed President and CEO, and consists of local Lake Charles community leaders. Organizers have assembled a management team with significant banking and business experience Consolidations of local banks into larger regional institutions, have left numerous Lake Charles businesses seeking alternative banking relationships based on local management, local decision making and superior customer service. The bank will offer a full menu of retail services aimed at the local consumer. The loan portfolio will include business, commercial and personal lending including consumer loans and mortgages based on local real estate. The bank will deploy state of the art technology in internet banking and customer service.
The initial bank location will be at 4537 Nelson Road in Lake Charles. The bank is immediately beginning a capital campaign to raise at least $12 million. Stock sales are available to the public. The Bank will be led by three senior management officers all of whom are very familiar with the Lake Charles community.
Hartie Spence – President and CEO - Mr. Spence is a Louisiana native and currently residing in Lake Charles. He attended LSU on a football scholarship and also graduated with a Juris Doctor degree from LSU Law School. Mr. Spence has 45 years of Louisiana banking experience with more than half of the experience as a CEO or Chairman including Calcasieu Maine National Bank. Mr. Spence will also serve on the board of directors
Raymond “Terry” Harrison – Chief Operating and Compliance Officer - Mr. Harrison graduated the University of Denver with a degree in Business Administration and attended Baylor University where he graduated with a MBA in Finance. Mr. Harrison volunteers as a credit counselor at a local transitional housing facility. Terry’
Walter M. “Mike” Anderson, Sr. - Chief Lending Officer - Mr. Anderson was born and raised in Baton Rouge. He graduated from LSU with a degree in Business Administration. Mike has 30 years experience in financial institutions, serving on two different bank boards of directors and President of Omni Bank of Baton Rouge.
The Bank is proposed to have the following members of the Board of Directors: Mr. Tom Flanagan, Mr. Joe Thomas, Senator Willie Mount, Mr. Robert Piper, Mr. Bill Roberts, Mr. David Trahan, Mr. Andrew Vanchiere, Mr. Mike Veron, Dr. Willie Staats,
Contact:
Hartie Spence, President & CEO
Lakeside Bank (I.O.)
hartie.spence@
PH: 337-564-5822
