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
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.
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.
I have been a customer of Old Florida for a long time, and loved the community feel. It was nice to have a bank that wasn't so invested in nickel and dime-ing you to death. All the tellers and other employees knew be my first name, products were competitive, and I was generally happy. When I became aware they would be taken over by Iberia, I was skeptical. Major changes in banking systems have never benefited me in the past, and I was worried the same would happen. Thankfully, the service has remained, and we are now a part of a larger network, with more locations, and the products are even better. The only thing I'm not fond of is the mobile system. It is a bit of a hassle, and needs some major improvements. Once that is resolved, this will be the absolutely perfect bank!
Overall | |
---|---|
FDIC Certificate # | 4977 |
Year Established | 1864 |
Employees | 8014 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.6% |
Return on Equity - YTD | 14.62% |
Annual Interest Income | $1.33B |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2020vs Q3 2019 | $82.69B$43.53B |
Loans | Q3 2020vs Q3 2019 | $59.77B$31.62B |
Deposits | Q3 2020vs Q3 2019 | $69.86B$32.31B |
Equity Capital | Q3 2020vs Q3 2019 | $8.21B$5.26B |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $988.1MM$192.2MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $461.7MM$194.6MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $19.7MM$20.2MM |
Always verify rates and promotions with the bank or credit union. We are not IBERIABANK; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | - | - | Statement Savings | |
0.05% | - | - | Business Statement Savings |