Newly Designed Website Launching February 17th

Resource Bank is pleased to announce we will release a refreshed website designed on Wednesday, February 17th. The overall branding will have a familiar Resource Bank style with slight changes to accommodate a slimmed-down logo and coloring to feature several iconic blue shades. You will notice a similar homepage layout and favorited conveniences such as access to the Online Banking portal at the top of every webpage. The site will still highlight images of local photography and culture, with monthly features throughout the year. Upgrades to www.resource.bank include a Mega Menu feature that displays all pages related to topics, a site search function, video demos and tutorials, and product-based FAQs. Resource Bank has seen a shift to mobile use, and we have made the site responsive, so you enjoy a similar experience across all devices.

Our site redesign is just one of many recent enhancements to your digital experience. We recently enhanced our digital signature acceptance, upgraded our mobile deposit camera feature, and more Online Banking and Mobile App features are on the roadmap. Soon you will notice updates to the My Spending feature in digital banking. Our team is working hard to offer timely and relevant services. When you see something you like or something you need, let us know. We are always looking for ways to better your banking experience.

It's a familiar look with new features to love. We've put everything in the pot. Peel through the web pages; they're seasoned perfectly. You can see the new design, still at www.resource.bank, beginning Wednesday, February 17th.
Q4 2020 Financials

As of quarter-end, our total assets were $939 million, an increase of 24.99 percent from the same quarter last year. Loans ended at $630 million, and deposits ended at $816 million, changes of -1.85 percent and 27.79 percent, respectively. The undiluted book value per share, net of dividends, was $61.55, an increase of $4.10 per share with our total capital equal to 10.68 percent of total assets.

We are responding to the digital conveniences that the year 2020 highlighted and that 2021 will expand upon. We have a renewed focus on operational efficiencies, customer needs recognition, and expanding our referral base. As always, we look forward to a successful year of growth and opportunity. Thank you for your ongoing loyalty and support.
North Causeway ATM

They say all good things come to an end, which is the case with our beloved North Causeway Mandeville location. Many of you may recall, North Causeway was the first Resource Bank branch to open its doors and is our former main office. We have transitioned the site over the years. First to an Express Branch, then to the ATM only location, and recently our internal auditors have worked in the office. With the close proximity to our West Causeway branch, it is the right move to consolidate and say goodbye to 2190 North Causeway. 

Beginning July 1st, 2021, we ask clients to use the nearest ATM location at 1695 West Causeway.

See all of our branch locations and fee-free nationwide ATMs here.
Check Fraud is on the Rise: Protect Yourself

We use fewer checks these days, but criminals are attacking them more than ever. Each check written today is more likely than ever to present risks. Checks are still the leading target for attempted fraud, according to the Federal Reserve. Electronic payments tend to have authentication and security features, so check fraud is now even more attractive to criminals. Checks are also now more commonly written for higher dollar amounts.

We encourage you to sign up for Online or Mobile Banking review your accounts daily. Please take advantage of our complimentary features such as eStatements, Notify Me Alerts, and Bill Pay to manage your account activity. Businesses can benefit from the additional fraud protection services we offer through our Cash Management suite. Now is a great time to ask your Account Officer how to take advantage of all our security features so you can deter and detect check fraud.
Holiday Closure Reminder - Presidents' Day

Resource Bank will be closed Monday, February 15th, in observance of Presidents' Day. We will be open Tuesday, February 16th, on Mardi Gras Day.
OVERHEARD FROM A RESOURCE BANK CLIENT

"My husband and I were facing unsettling concerns brought on by an unknown party surrounding our debit card(s). We immediately contacted our local branch. The team was extremely helpful and confident. Subsequently, our concerns were met positively and expeditiously. Thumbs up!"