# Red River Bank

> Red River Bank is a Louisiana community bank serving households, businesses and professionals through personal and commercial banking, mortgages, treasury management, private banking and investment services. It opened in Alexandria in 1999 and is owned by publicly traded Red River Bancshares, Inc. Its published strategy combines local bankers, conservative lending and staged expansion across Louisiana.

- **Founded:** 1999
- **Headquarters:** Alexandria, United States
- **Founders:** R. Blake Chatelain (Co-founder, President and CEO)
- **Products:** Personal banking, New Opportunity Checkless Checking, Commercial and small business lending, Treasury management, Mortgage lending
- **Notable:** Opened for banking on January 14, 1999., Parent company completed a Nasdaq IPO in May 2019., Parent reported $42.8 million net income for 2025.

## Products & services

- **Personal banking** — Checking, savings, CDs, IRAs, debit and credit cards, and online and mobile banking. Totally Free Checking lists a $50 opening deposit and no monthly fee.
- **New Opportunity Checkless Checking** — Bank On-certified account with no overdraft fees, a $25 opening deposit and a $5 monthly fee waived with eStatement or direct deposit.
- **Commercial and small business lending** — Business loans, lines of credit, real estate and construction finance, supported by local commercial bankers.
- **Treasury management** — ACH receivables and payments, merchant processing, remote deposits, wire transfers, sweeps and Positive Pay controls.
- **Mortgage lending** — Home purchase, land and construction financing, with down-payment assistance resources.
- **Private banking** — Personal and business banking with specialized offerings for physicians and attorneys.
- **Red River Investments Group** — Investment, retirement and financial-planning guidance. Brokerage assets under management reported as $1.35 billion at March 31, 2026.
- **Q2 online and mobile banking upgrade** — Unified digital platform rolled out in February 2025 after partner selection announced in October 2024.
- **CashPlease** — Small-dollar, short-term lending for eligible Red River Bank depositors; homepage advertises loans up to $750.

## Achievements

- Opened for banking on January 14, 1999.
- Parent company completed a Nasdaq IPO in May 2019.
- Parent reported $42.8 million net income for 2025.
- Ranked No. 51 in the 2025 Best Banks to Work For program.
- Operated 28 Louisiana banking centers as of the October 23, 2026 announcement.

## Latest updates

- **2026-10** — Announced purchase of former credit-union property at 2175 Gause Boulevard E., Slidell, on October 22. Planned full-service opening in Q1 2027 is subject to regulatory approval.
- **2026-07** — Parent reported Q2 net income of $11.8 million and $3.31 billion in consolidated assets; New Orleans teams moved to the Energy Centre on July 20.
- **2026-05** — Completed Northwest market facility and retail banking-center relocation projects in Shreveport.
- **2026-04** — First-quarter presentation described construction of a second Acadiana full-service location on Camellia Boulevard, expected to open early in 2027.

## Links

- Website: https://www.redriverbank.net/
- LinkedIn: https://www.linkedin.com/company/red-river-bank/
- Twitter/X: https://x.com/redriverbank
- Facebook: https://www.facebook.com/redriverbank.la

---

Profile page: https://yespress.io/red-river-bank
Published by YesPress — https://yespress.io
Last updated: 2026-10-24