A New Owner For A Metairie-Based Bank
Eureka Homestead is a federal savings association that is in Metairie. Eureka Investor Group Inc. has plans to acquire Eureka Homestead Bancorp Inc. The transaction should be completed by the beginning of 2024.
Eureka Investor Group is a new corporation that is headed by two long-standing banking directors in the industry, Lisa Narrell-Mead and Bob Goldstein. According to the company Eureka Homestead must raise $43 million to fund the transaction. There will also be a new full-service community bank that will be located in the New Orleans area.
“We want to thank the current Board of Directors of Eureka for the opportunity to expand on the Eureka legacy. We are committed to the customers and employees and are making a significant investment into the Bank which will allow us to improve our offerings of products, technology and convenience while maintaining an exceptional custom experience. Our customers should rest assured that they will continue to see the same friendly faces they always have, and soon will be able to enjoy an expanded array of additional banking products and services. This is an exciting win-win for our customers and the New Orleans area,” states Alan Heintzen, CEO of Eureka Homestead.