OnPath Federal Credit Union Acquires Century-Old Bank in Covington

OnPath Federal Credit Union acquires century-old bank in Covington

KEY TAKEAWAYS: OnPath FCU to acquire Heritage Bank of St. Tammany in spring 2026 Combined assets will exceed $1.28 billion across Southeast Louisiana Heritage Bank customers to gain access to expanded services and digital tools The merger strengthens OnPath’s people-over-profits financial model The fourth largest federal credit union in Louisiana is expanding its footprint with the acquisition of a federally chartered savings bank headquar…

Louisiana credit union to buy in-state bank

Heritage Nola’s nearly $26 million deal with OnPath Credit Union comes after the bank mutually terminated a merger proposal with a Louisiana lender, MC Bancshares.

HERITAGE NOLA BANCORP, INC., HERITAGE BANK OF ST. TAMMANY AND ONPATH FEDERAL CREDIT UNION SIGN AN AGREEMENT FOR THE ACQUISITION OF THE ASSETS OF HERITAGE BANK

/PRNewswire/ -- Heritage NOLA Bancorp, Inc. ("Heritage NOLA Bancorp") (OTC Pink: HRGG), the holding company for Heritage Bank of St. Tammany ("Heritage Bank"),...