Hibernia Corporation is a financial holding company that, through its banking and non-banking subsidiaries principally Hibernia National Bank, provides an array of financial products and services throughout Louisiana and portions of Texas. As of December 31, 2004, the Company operated in 314 locations in 34 Louisiana parishes and 34 Texas counties and two mortgage loan production and retail brokerage services offices in southern Mississippi. The Company also maintains a transactional website that offers certain banking services online. On May 13, 2004, Hibernia completed its merger with Coastal Bancorp, Inc. (Coastal), headquartered in Houston, Texas. On April 28, 2004, Hibernia National Bank purchased 50% of the outstanding shares of The MerchantNet.com Corporation (MerchantNet), with an option to purchase the remaining 50% at a later date.
(Source: 10-K) – less – More from ZoomInfo »