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MCBANK Strengthens Community Ties and Leadership in Acadiana

In a bold move to enhance its presence in Acadiana, M C Bank & Trust (known as MCBANK) has recently announced a series of leadership expansions and renewed community commitments. This strategic initiative reflects MCBANK's long-term dedication to the Lafayette area and its surrounding communities, emphasized by their plans for an additional banking location in River Ranch.

Daryl Byrd, the chief executive officer of MC Bancshares, which oversees MCBANK, boasts vast experience and deep connections within the Acadiana region, having previously served as the CEO of IBERIABANK. "The foundation of any successful bank lies in its people," Byrd stated, highlighting the importance of strong team dynamics. He believes that MCBANK's carefully curated group of bankers possess a unique understanding of their clients' needs and are dedicated to fostering long-term relationships.

Joining Byrd in this endeavor is Bill Fenstermaker, chairman and CEO of C. H. Fenstermaker Associates, Inc. and a seasoned leader within the banking community. Having served as chairman of IBERIABANK’s board, Fenstermaker articulated the significance of local relationships, emphasizing that the success of Acadiana hinges on collective trust and investment in the region’s future. His involvement is expected to fortify MCBANK’s objectives and align them with the community's needs.

The leadership team in Acadiana will be spearheaded by Hayes Berthelot, who brings extensive local knowledge and a proven track record in banking. With him is Pat Trahan, formerly the Lafayette market president at IBERIABANK, who adds further depth to the team with his commendable experience and connections. Brandon Boudreaux rounds out this key leadership group, also contributing valuable community relationships and insights.

MCBANK's robust team is complemented by Mike Pelletier, the senior executive vice president and chief human resources officer, who has over three decades of experience. Pelletier, previously with IBERIABANK, adds a wealth of HR expertise to ensure the bank is well-positioned to support both its workforce and customer base.

The legacy team in Acadiana is strong, featuring Jason Kennemer as the commercial relationship manager and Lincoln Narcisse as the business development manager, both of whom possess essential local knowledge and experience. "Lafayette is a dynamic and relationship-driven market, perfectly aligned with our operational philosophy," Berthelot remarked, expressing enthusiasm about the expansion plans in River Ranch, which will allow the bank to better serve its clients.

MCBANK has been an enduring fixture in the Acadiana community and currently serves the area through its established locations at 115 Verot School Road and 2480 Youngsville Highway. Their recent commitment includes a letter of intent to lease a site in River Ranch, marking a strategic expansion into one of Lafayette's most vibrant business corridors.

Byrd's leadership track record includes propelling IBERIABANK to substantial heights, with a remarkable 982% total return to shareholders from 1999 to 2019. This exemplary performance places IBERIABANK among the elite financial institutions of its peer group.

The moves made by MCBANK are part of a larger growth strategy, following a successful capital raise that generated over $225 million from 550-plus investors. This reflects robust confidence not only in MCBANK's leadership but also in its forward-thinking vision for future expansion.

Targeting key markets in the southeastern United States, MCBANK remains steadfast in its commitment to fostering lasting, meaningful relationships, a principle that has underpinned its operations for more than seven decades. The bank's commitment to personal relationships and local decision-making will undoubtedly benefit individuals, families, and businesses across Acadiana and beyond.

About M C Bank & Trust and MC Bancshares, Inc.

Founded in 1955 and stationed in Morgan City, Louisiana, MCBANK is a community-centered banking institution dedicated to serving personal and commercial banking needs across the Southeast. With a focus on long-term client relationships and localized decision-making, MCBANK champions the values of community support and engagement. To learn more about MCBANK and its services, please visit www.mcbt.com.