Having escaped the worst of Hurricane Ida, Merchants & Marine Bank in Pascagoula, Mississippi, is now looking for ways to assist neighboring banks that weren’t as fortunate.
Merchant & Marine, which has $ 742 million in assets, has been reaching out to Louisiana bankers to offer the delivery of items like latex gloves, bleach, paper towels and toilet paper, Clayton Legear, the bank’s president and CEO, said in an interview Tuesday .
“We really believe in bankers helping bankers,” he said.
Drive-thru lanes at a Regions Bank branch in Houma, Louisiana, sustained damage from Hurricane Ida.
Read Also
- Venezuela signs contracts with Chevron oil company after US sanctions relief Nov 30, 2022
- Banks can’t afford to miss the buy now / pay later party Sep 8, 2021
- The trend that goes unnoticed by the vast majority of investors May 30, 2021
- The ECB will set a new inflation target of 2% that can be exceeded if necessary Jul 7, 2021
- The new version of the Spring Market by 809 Mercado Jun 4, 2022
- How the Citizens-Investors merger deal fell into place Sep 20, 2021
- Take 2 on a Michigan bank deal tanked by pandemic Aug 9, 2021
Regions
On Wednesday, Gulf Coast bankers were largely still surveying the wreckage left by Ida. While the physical damage to branches was less extensive than many expected, power outages kept bank offices closed in some of the hardest-hit areas. Lines at gas stations were long as many drivers sought to fill their tanks.