Investar Bank Opens Branch In Greater Tuscaloosa Area
September 15, 2023
Seventh Branch in the Alabama Market
Tuscaloosa, Ala. – – Investar Bank, National Association (NASDAQ: ISTR) (“Investar”) converted its existing Loan and Deposit Production Office located at 120 McFarland Blvd. North, Northport, Alabama, to a Cashless Branch on Tuesday, September 12, 2023. Designed to provide a dynamic and streamlined digital banking experience, this modern 2,900-square-foot facility features a digital station for customers to conduct business using the branch’s iPad and two full-service Interactive Teller Machines (ITM) with ATM capabilities. This is Investar’s twenty-ninth branch across the footprint and seventh in Alabama.
In alignment with Investar’s strategic digital transformation, the location is not a traditional branch. However, clients can utilize the ITM to deposit and cash checks. Staffed with a Market President, Commercial Relationship Manager, and Branch Manager, it is a cashless, service-based model designed to deliver targeted loan and deposit products along with treasury services to small business and commercial customers.
“We are thrilled to provide this banking experience to the Tuscaloosa market through the opening of our branch office,” said Stephen Wessel, Eastern Region President/EVP. “Our Tuscaloosa Market President, James Cochrane, leads our team of talented and experienced bankers as they continue to develop commercial banking relationships. We are proud to expand the Investar Bank footprint in Alabama by providing a modern banking experience,” continued Wessel.
The Northport branch is open by appointment only, with the full-service ITM available 8:30 a.m.-5:00 p.m. and ATM available 24/7. Please contact the branch at 205.710.6660 to schedule an appointment. To learn more, visit us online at www.investarbank.com.
Investar Holding Corporation (NASDAQ: ISTR), the parent company of wholly-owned subsidiary Investar Bank, National Association (“Investar”), had total assets of approximately $2.8 billion as of June 30, 2023. Investar is a full-service community bank headquartered in Baton Rouge, La., offering extensive banking products and services for individuals and businesses for 17 years. The Bank has 29 branches serving several markets across south Louisiana, Texas and Alabama. Investar Bank NMLS ID# 481188. Equal Housing Lender. Member FDIC. To learn more, visit www.InvestarBank.com.