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5. Liberty Bank and Trust Co.
- 2009 Rank: 5 (Last Year: 8)
- Chief Executive(s): Alden J. McDonald Jr.
- Business Type: bank
- Address: P.O. Box 60131
New Orleans, LA 70160 - Staff: 118
- Year Started: 1972
- Website: http://www.libertybank.net
Financial Information
- Assets: $372.7
- Capital: $27.6
- Deposits: $335.9
- Loans: $175.9
Liberty Bank & Trust Co. was established in 1972 with the opening of its first office in a trailer located on a New Orleans corner lot. More than 30 years later, the financial institution has become a banking powerhouse in the South.
Today, Liberty is the nation’s fifth largest black-owned bank, a corporate partner with more than 70 Fortune 500 companies, and a major financial services supplier to government agencies throughout Louisiana and Mississippi.
In February 2009, the bank added New Orleans-based United Bank and Trust to its expanding portfolio. The acquisition increased Liberty’s branch location to 17 in five states: Louisiana, Mississippi, Missouri, Kansas, and Texas.
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