Investar Bank Helps Establish Evangeline Parish Foundation
Invests $50,000 in the Community
Baton Rouge, La. – Investar Bank has helped to establish the Evangeline Parish Foundation (EPF), an affiliate of the Community Foundation of Acadiana, with an initial investment of $50,000. The Bank challenged community leaders both public and private to match this donation so the Foundation may start with $100,000 of seed funding. Through the generosity of many, the Foundation will get started by engaging with the University of Louisiana in Lafayette (ULL) to conduct a community needs assessment to identify where the greatest needs lie. This process should take 3-6 months and the results will be shared with the EPF Board of Directors, led by Matt Marcantel, Evangeline Market President & SVP, Investar Bank.
“We are excited to show the community that Investar cares deeply for the people of Evangeline Parish,” said John D’Angelo, President & CEO, Investar Bank. “We hope to see the funds used to help educators and improve healthcare services,” D’Angelo continued.
The EPF will provide grant opportunities to many Evangeline Parish organizations that align with the results of the needs assessment. The EPF looks forward to expanding their efforts to reach more generous donors and will soon launch a $1 million fundraising campaign. This will not only help Evangeline community members but further enhance community development in the Parish.
“Community Foundation of Acadiana's (CFA) core purpose is to build legacies and improve communities by connecting generous people to the causes they care about,” said Raymond Hébert, Chief Executive Officer, CFA. “The Evangeline Parish Foundation, an affiliate of CFA, is something good for Evangeline Parish. This Foundation will grow and enhance philanthropy for the benefit of all things Evangeline Parish.”
Investar Holding Corporation (NASDAQ: ISTR), parent company of wholly-owned subsidiary Investar Bank, had total assets of approximately $1.6 billion as of March 31, 2018. Investar Bank is a full-service community bank headquartered in Baton Rouge, La. offering extensive banking products and services for individuals and businesses for over 10 years. The Bank serves several markets across South Louisiana with 20 branches: the Baton Rouge area (four branches in Baton Rouge, one in Denham Springs, one in Port Allen, one in Gonzales, one in Prairieville, one in Jackson, one in Slaughter, one in St. Francisville & one in Zachary), Hammond, the Acadiana area (one in Lafayette, one in Ville Platte, one in Mamou and one in Pine Prairie) and the New Orleans area (one in Metairie, one in Elmwood and one in Mandeville). Equal Housing Lender. Member FDIC. To learn more, visit www.InvestarBank.com .