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504-586-7171
228 St. Charles Avenue
New Orleans, LA 70130

Whitney Bank is headquartered in New Orleans and is the 2nd largest bank in the state of Louisiana. It is also the 95th largest bank in the nation. It was established in 1990 and as of December of 2013, it had grown to 1,867 employees at 116 locations. Whitney Bank has a A health rating.

Reviews (4)

What A Joke!

This bank is the absolute worst. I wouldn't recommend it to anyone they are so far behind in technology all the paper work they have to do just for a deposit its like 1975 in there and the constant new faces are ridiculous. Every time they get someone who is worth keeping around they end up losing them and keeping the rude tellers. i wouldn't recommend this bank at all. They do these ridiculous customer service surveys and it is so stupid. Bottom line no matter how many times u call and ask how my experience was its was never going to change I'm so glad I woke up and went to a real bank.

Worst Bank Ever

This use to be a good bank until they merged with Whitney Bank. I have been a customer for the past 3 years. I ended up opening 3 other bank acounts with better rates and fees. I am so thankful to get rid of Hancock. They will try to charge you for any little thing that they can especially when they know you plan to leave them. Stay away if possible. It has been a steady decline in treating customers right. I have never been so dis-satisfied with a bank before, and believe me...I've used 8 other national banks and credit unions.

Are People Really This Dumb !!!

Last time I checked, banks charge for incoming and outgoing wires lol, have minimum balance requirements etc. Most banks are for-profit so if you have fee issues go to a Credit Union, they will also charge you for wires etc, yet they are non-profit !!! Everything in life cant be free!!! Wake Up People!!!

Worst Bank!!!

Worst bank I have ever had. They find anyway to charge you. They not only charge you monthly if you don't keep over $250.00 daily in your bank account, but they charge you $20.00 to send, and recieve a wire transfer! I have never had a bamk do that! , I have moved around a lot and have had several different banks, and this one by far is the most money hungry one. Be careful, they will find some way to ring money out of you.



Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Whitney Bank had $91.62 million in non-current loans and owned real-estate with $1.77 billion in equity and loan loss allowances on hand to cover it. This gives Whitney Bank a Texas Ratio of 5.17% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Whitney Bank decreased dramatically from 8.95% as of December 31, 2012 to 5.17% as of December 31, 2013, resulting in a positive change of 42.22%.This indicates that the balance sheet and financial strength for Whitney Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
C

In the past year, Whitney Bank has decreased its total deposits by -$137.3 million, resulting in -1.29% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Whitney Bank has shown is average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Whitney Bank has $13.02 billion in assets with $1.77 billion in equity, resulting in a capitalization level of 13.60%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #33029
Year Established1990
Employees1867
Primary RegulatorFDIC
Assets and Liabilities
Assets$13.02 billion
Loans$7.89 billion
Deposits$10.50 billion
Equity Capital$1.73 billion
Loan Loss Allowance$40.37 million
Unbacked Noncurrent Loans$65.61 million
Real Estate Owned$26.02 million
Historic Data - December 2012
Assets$13.22 billion
Equity Capital$1.80 billion
Loan Loss Allowance$41.13 million
Unbacked Noncurrent Loans$65.61 million
Real Estate Owned$57.68 million
Profit Margin - Quarterly
Net Interest Margin3.69%
Return on Assets0.95%
Return on Equity6.97%
Interest Income$439.91 million
Rates

Sorry, we do not have rate data for Whitney Bank

Locations

Whitney Bank has 135 locations. Click to view all Whitney Bank locations.