M C Bank will build new HQ in Morgan City

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

The bank is purchasing the land on Greenwood Street between Ninth Street and Victor II Boulevard, one 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.

The Bank is in the preliminary planning phases; however, it anticipates building a full-service banking center and drive-through 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,” said Christopher LeBato, president & CEO
of M C Bank.

“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.” said Eva Tregle, Board of Directors and Real Estate Committee member.

“This is a great opportunity to deepen our 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. 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 U.S. 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.

Additionally, the bank announced that they purchased property in Lafayette on Spring Farm Road to build a banking center and office space in the

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 Co.

Simultaneous with the merger of the bank into the holding company, the bank's name changed to M C Bank & Trust Co.

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. M C Bank is a locally and privately owned institution focused on strengthening the communities in Louisiana.