IBERIABANK is headquartered in Lafayette and is the largest bank in the state of Louisiana. It is also the 65th largest bank in the nation. It was established in 1887 and as of December of 2019, it had grown to 3,148 employees at 192 locations. IBERIABANK has an A+ health rating.
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Palm Springs FL Branch
This branch is operated by some of the nicest women I've met in banking! Iberia doesn't have some of the fancier looking web designs for their online banking, but they have made up for it in service.
Thank you Des, Jodi and Aida!
Always a pleasure doing my banking with Iberia.
jd178
Iberia Bank
I use IberiaBank as my primary bank for checking, savings, and safe deposit box. I also retain an account at a major bank with a fixed amount of funds in case I need to stop/close my IberiaBank account due to identity theft. I have never had to close my IberiaBank accounts due to identity theft. Working with IberiaBank has been great. My preferred branch office is walking distance from my home with a another branch about 10 minutes from work. When reviewing charges against my account, I have not had any issues with challenging charges that appear to be fraudulent. I simply walk into my local branch and they take my information and act on it promptly. Each issue has been successfully resolved in my favor. Also, my local branch remembers me by name (my family has lived in the area for generations) and will work readily with me over the telephone. Their online presence is adequate for most banking activities. Being a smaller bank, they are typically behind the major banks in introducing new features (e.g. photographing a check for deposit). They do get these features implemented a few months behind the major banks.
Iberia Bank Experience
I have been banking with Iberia Bank in Baton Rouge, LA for a couple of years now. It's silly, but I really like their newer buildings, it makes me feel like things are more secure and up-to-date for keeping my money safe. I really enjoy going there because the employees actually recognize me when I come in, not like at some of the larger national banks in town. I don't see myself switching to another bank any time soon because I'm happy with Iberia. It was super easy to open a checking and savings account and as long as I keep enough money in the accounts, there are no monthly fees, so I really like that. Their mobile app is okay, not great, not terrible, I guess that's one minor area of improvement.
The WORST BANKING EXPERIENCE EVER
I cannot begin to explain how much I have hated every second of banking with Iberia. I set up 2 business accounts and the rules were ridiculous, The account manager was completely inexperienced, told me I had to have city forms that didnt even exist, U finall had to ask for his regional manager to get things completed. I find out 2 months later that my check by phone limit is $1500 a month... FOR A BUSINESS ACCOUNT! WHAT??? I am unable to transfer money to other banks and was told I needed a personal account to do that, so I created a personal account and have that added to my online banking... I can't transfer to another bank, I call and find out why, ITS BECAUSE I HAVE IT IN THE SAME ONLINE ACCOUNT AS A BUSINESS ACCOUNT! OMG, I hate this bank so much and the only positive experience I had in the full year that I was with them was pulling all of my money out and closing my accounts. Absolutely the worst banking experience I have ever had in my 50 years on this planet.
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 28100 |
| Year Established | 1887 |
| Employees | 3148 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.24% |
| Return on Equity - YTD | 9.46% |
| Annual Interest Income | $1.31B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $31.61B$30.74B |
| Loans | Q4 2019vs Q4 2018 | $24.09B$22.49B |
| Deposits | Q4 2019vs Q4 2018 | $25.39B$23.95B |
| Equity Capital | Q4 2019vs Q4 2018 | $4.25B$3.95B |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $146.6MM$140.6MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $139.0MM$134.4MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $28.0MM$30.4MM |
