- Business
- BOL Bancshares Inc. operates as the bank holding company for Bank of Louisiana, a full-service commercial bank providing personal and business banking services primarily in the New Orleans area of Louisiana; deposit products including checking accounts, savings accounts, certificates of deposit, and money market accounts; various loan products such as automobile, truck, boat, recreational vehicle, consumer, commercial, real estate, interim construction, business expansion, merchant cash advance, and mortgage loans; additional services encompassing cashier's checks, wire transfers, direct deposit, account research, stop payments, night depository, merchant services, online banking, safe deposit boxes, ATM/debit cards, and credit cards including nationally recognized and private label options. The company, founded in 1988 and headquartered at 300 St. Charles Avenue in New Orleans, Louisiana, focuses on state commercial banking with approximately 63 employees and six branches serving individual, small business, and commercial customers in the region. No major acquisitions, funding rounds, partnerships, new product launches, or strategic shifts have been reported for the company in the last one to two years.