M C Bank to build new headquarter office in Morgan City

M C Bank & Trust Company announced plans to construct a new headquarter office in Morgan City.

The Bank is acquiring the land on Greenwood Street between 9th Street and Victor II Boulevard – a block away from its current headquarters.

M C Bank’s current headquarter office is located at 1201 Brashear Ave., where they are tenants of the building. According to a news release, the Bank is in the preliminary planning phases. It anticipates building a full-service banking center and drive-thru along with commercial, support, and executive offices and conference rooms at the new location.

“Building a new main office in the city that has helped make us who we are today is important and will allow us to continue to showcase our history,” Christopher LeBato, president & CEO of M C Bank, said in a news release.

“I’m excited to further our commitment to Morgan City, especially as we expand our reach to share the hometown spirit into new communities we serve across Louisiana.”

Eva Tregle, board of directors and real estate committee member, said this is a great opportunity to deepen their roots in the Morgan City community.

“A fresh new headquarter building for the bank is exactly what we need as we continue to build our brand,” Tregle said. “M C Bank has a rich and robust history coupled with an energized future that the Board is excited about.”

M C Bank recently opened its first banking center in Covington, which is part of a new Stirling Properties development on Highway 190. Later this summer, the bank will relocate its Bayou Vista banking center to a larger building and open a new banking center in Metairie on the corner of Veterans and Causeway. In addition, the bank announced that it bought property in Lafayette on Spring Farm Road to build a banking center and office space in the Acadiana Market.

M C Bank first opened its doors in 1955 in Morgan City. On April 1, 1991, MC Bancshares was formed as a one-bank holding company with its solely owned subsidiary being Morgan City Bank & Trust Company. With the merger of the bank into the holding company, the Bank’s name changed to M C Bank & Trust Company. The bank’s headquarters are in Morgan City, and they have nine banking centers and offices in Louisiana: Amelia, Bayou Vista, Covington, Houma, Lafayette, Metairie, Morgan City, New Orleans and Youngsville.

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