The $287
million-asset bank said in a press release Thursday that it had officially
changed its name to Catalyst Bank. The change follows the bank’s mutual-to-stock
conversion in October that created Catalyst Bancorp.
“Our
customers played a key role in helping us raise over $50 million in completing
our” Joe Zanco, Catalyst’s president and CEO, said in the release.
“Their
investment has positioned us to serve as a key catalyst for economic growth
across Acadiana like never before," Zanco added. "Our new name reflects this commitment.”
The bank
plans to change its signage on June 27.
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