MBT Bancshares Inc. (MBKL)

Overview

MBT Bancshares, Inc. functions as the bank holding company for Metairie Bank and Trust Company, offering a broad spectrum of banking products and services. Founded in 1947, it has established its presence with several offices in Metairie, Mandeville, and Covington, Louisiana. Its mission encompasses providing comprehensive financial solutions to its customers through a wide range of banking and financial services tailored to meet the diverse needs of individuals and businesses.

Products and Services

• Banking Accounts: MBT Bancshares, Inc. provides a variety of account options including checking, savings, individual retirement accounts (IRAs), and money market accounts, alongside certificates of deposit (CDs), catering to the diverse needs of their customers.
• Loan Products: A comprehensive suite of loan products is available, including home and mortgage loans, personal loans, auto loans, recreational vehicle loans, business term loans, commercial real estate loans, and commercial construction loans. The company also offers business and personal lines of credit as well as letters of credit, facilitating the financial needs of businesses and individuals alike.
• Card and Online Banking Services: To ensure efficient and convenient banking, MBT offers card services and online banking, enabling customers to manage their finances effectively from anywhere.
• Additional Banking Services: The company provides a range of supplementary banking services, such as account analysis, ACH transactions, automatic funds transfers, coin counting, collection services, foreign currency exchange, merchant services, money orders, municipal bond coupon redemption, online bill pay, overdraft privilege and protection, remote capture deposit, sweep investment services, and wire transfers. These services are designed to meet the comprehensive banking needs of their clientele.
• Convenience Services: MBT Bancshares enhances its customers’ banking experience by offering combined statements, e-statements, official checks, postage stamps, safe deposit boxes, traveler's cheques, and U.S. savings bonds.
• Financial Planning and Investment Services: The company provides retirement planning and saving, financial planning, professional asset management, and estate planning services. It also offers college savings plans, mutual funds, annuities, stocks and bonds, and fixed income securities, aiming to assist customers in achieving their financial goals.
• Insurance Services: Through its insurance agency services, MBT Bancshares caters to commercial, personal, health, and life insurance needs, offering comprehensive coverage options to protect its customers and their assets.