Heritage Bank of St. Tammany
Heritage Bank of St. Tammany was a Louisiana community bank founded in 1924, providing deposit accounts, real estate loans, and consumer credit to individuals and local businesses across four branches in St. Tammany Parish until its April 2026 acquisition by OnPath Federal Credit Union.
- Company typePublic
- Founded1924
- HeadquartersLausanne, Switzerland
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Heritage Bank of St. Tammany does
Heritage Bank of St. Tammany was a community bank founded in 1924 as St. Tammany Homestead Association, headquartered at 205 North Columbia Street in Covington, Louisiana. It served individual consumers and small-to-medium local businesses in St. Tammany Parish through a traditional community banking model. Its core product set comprised deposit products (non-interest-bearing and interest-bearing demand accounts, savings accounts, and certificates of deposit), real estate lending (one-to-four-family residential, commercial real estate, and construction and land loans), commercial and business loans, home equity lines of credit, and consumer loans. Digital delivery was provided via an online banking platform (24/7 access with bill pay) and a mobile banking app available on iPhone, iPad, and Android, built on third-party infrastructure rather than proprietary technology. No AI/ML or proprietary technology features were disclosed.
The bank's revenue model was standard for a community bank: net interest income from the spread between loan yields and deposit costs, supplemented by non-interest fee income from deposit services, loan origination, and a third-party bill payment arrangement. Distribution ran through four physical branches (Covington HQ, Madisonville, Slidell, and Copperstill Marketplace) supported by local relationship-based sales and standard lobby/drive-thru hours. Its holding company, Heritage NOLA Bancorp, Inc. (Maryland-incorporated, OTC Pink: HRGG), was created in February 2017 ahead of a July 12, 2017 mutual-to-stock conversion.
Effective April 1, 2026, OnPath Federal Credit Union completed a purchase and assumption transaction acquiring substantially all assets and assuming substantially all liabilities of the Bank. Following closing, Heritage Bank began liquidation and dissolution, with the Slidell branch relocating to 1322 Gause Blvd on the same date. Heritage NOLA Bancorp shareholders were expected to receive between $20.00 and $20.75 per share in cash via a Q4 2026 distribution, and customers were transitioned to OnPath's expanded 17-branch network and enhanced mobile banking platform.
Heritage Bank of St. Tammany firmographics
Firmographics- Name
- Heritage Bank of St. Tammany
- Legal name
- Heritage Bank of St. Tammany
- Website
- https://heritagebank.org
- Company type
- Public
- Founded year
- 1924
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Heritage Bank of St. Tammany was a Louisiana community bank founded in 1924, providing deposit accounts, real estate loans, and consumer credit to individuals and local businesses across four branches in St. Tammany Parish until its April 2026 acquisition by OnPath Federal Credit Union.
- Ownership category
- akta.pro rank
Heritage Bank of St. Tammany industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (522110), Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)
Keywords
Where Heritage Bank of St. Tammany is headquartered
LocationHeadquarters
- HQ city
- Lausanne
- HQ country
- Switzerland
- HQ region
- Europe
Offices4 records
Markets served
Heritage Bank of St. Tammany business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Net Interest Income: Primary revenue from spread between interest earned on loans (residential real estate, commercial real estate, construction/land loans, home equity lines of credit, consumer loans) and interest paid on deposit products (demand accounts, savings accounts, certificates of deposit).
- Non-Interest Income: Fee income from deposit account services, loan origination fees, and other banking service charges.
- Bill Payment Service: Third-party bill payment service provider; bank earns referral or processing fees from the arrangement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Standard banking products and services |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Heritage Bank of St. Tammany product offering
Product offeringCore offering
Heritage Bank of St. Tammany is a community bank providing deposit products (non-interest-bearing and interest-bearing demand accounts, savings accounts, and certificates of deposit) and a full suite of lending products including one-to-four-family residential real estate loans, commercial real estate loans, construction and land loans, commercial business loans, home equity lines of credit, and consumer loans. Banking services are delivered through four physical branches in Covington, Madisonville, Slidell, and Copperstill (Louisiana), supplemented by online banking, mobile banking apps (iPhone, iPad, Android), and a third-party bill payment service.
Product overview
Heritage Bank of St. Tammany offers a unified banking platform combining traditional banking services with digital delivery channels. The core product portfolio includes deposit products (checking, savings, CDs), real estate lending (residential, commercial, construction), business loans, home equity lines of credit, and consumer loans. Digital services are delivered through the Heritage Bank Online Banking platform and Mobile Banking App (iPhone, iPad, Android), with supplementary features including Bill Payment Service and Overdraft Protection. The bank operates four physical branches in Covington, Madisonville, Slidell, and Copperstill Marketplace, Louisiana.
Differentiator
Problem solved
Functional benefit
Products and services
- Heritage Bank Online Banking 24/7 internet banking platform enabling Heritage Bank customers to view account balances, review transaction histories, transfer funds between accounts, make loan payments, and pay bills through a third-party provider. Transactions initiated before 5:00 PM CT post same business day.
- Heritage Bank Mobile Banking App Mobile banking application available on iPhone, iPad, and Android that gives Heritage Bank customers full banking access on mobile devices, including account management and transactions.
- Deposit Products Non-interest-bearing and interest-bearing demand (checking) accounts, savings accounts, and certificates of deposit (CDs) for personal and business customers.
- Residential Real Estate Loans One-to-four-family residential real estate loans for homebuyers and homeowners in St. Tammany Parish.
- Commercial Real Estate Loans Commercial real estate loans for local businesses and investors acquiring, refinancing, or developing income-producing and owner-occupied commercial properties.
- Construction and Land Loans Construction financing and land development loans for residential builders, developers, and land purchasers in the local market.
- Commercial and Business Loans Commercial business loans (in addition to commercial real estate) to finance operating needs of local businesses in St. Tammany Parish.
- Home Equity Lines of Credit Home equity lines of credit (HELOCs) providing flexible revolving borrowing secured by residential home equity for personal and consumer use.
- Consumer Loans Personal consumer loans for various individual financing needs such as auto, personal, and other installment borrowing.
- Bill Payment Service Online bill payment service enabling Heritage Bank customers to schedule payments to merchants, financial institutions, or individuals with a U.S. address; processed through a third-party bill payment provider via ACH or paper check.
Companies that use Heritage Bank of St. Tammany
Customer profileSegments2 records
Ideal customer profiles2 records
Heritage Bank of St. Tammany technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Heritage Bank of St. Tammany partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- OnPath Federal Credit UnioncoreOnPath Federal Credit Union completed a purchase and assumption transaction acquiring substantially all assets and assuming substantially all liabilities of Heritage Bank of St. Tammany, effective April 1, 2026. This acquisition marks OnPath's strategic expansion into St. Tammany Parish with new branch presence in Covington and surrounding areas.
Scale indicators3 records
Recent moves6 records
Expansion highlights2 records
Heritage Bank of St. Tammany competitors and assessment
Company assessmentMarket position
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Heritage Bank of St. Tammany social profiles
Digital presenceHeritage Bank of St. Tammany compliance and trust
Trust signalCompliance3 records
Heritage Bank of St. Tammany financial estimates
Financial estimateRevenue estimate
Valuation estimate
Heritage Bank of St. Tammany leadership team
Management profileNumber of profiles
Profiles2 records
Heritage Bank of St. Tammany funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Heritage Bank of St. Tammany M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Heritage Bank of St. Tammany
What does Heritage Bank of St. Tammany do?
Heritage Bank of St. Tammany is a community bank providing deposit products (non-interest-bearing and interest-bearing demand accounts, savings accounts, and certificates of deposit) and a full suite of lending products including one-to-four-family residential real estate loans, commercial real estate loans, construction and land loans, commercial business loans, home equity lines of credit, and consumer loans. Banking services are delivered through four physical branches in Covington, Madisonville, Slidell, and Copperstill (Louisiana), supplemented by online banking, mobile banking apps (iPhone, iPad, Android), and a third-party bill payment service.
Is Heritage Bank of St. Tammany a public or private company?
Heritage Bank of St. Tammany is a public company. It is classified as public and is currently acquired.
When was Heritage Bank of St. Tammany founded?
Heritage Bank of St. Tammany was founded in 1924. It employs 11 to 50 people.
Where is Heritage Bank of St. Tammany based?
Heritage Bank of St. Tammany is headquartered in Lausanne, Switzerland, in the Europe region.
How does Heritage Bank of St. Tammany make money?
Three revenue lines are on record. Net Interest Income is the primary driver. The others are non-Interest Income and bill Payment Service.
Does Heritage Bank of St. Tammany have an API?
No public API is recorded for Heritage Bank of St. Tammany.
What industry is Heritage Bank of St. Tammany in?
Heritage Bank of St. Tammany's product category is Community Banking. Its primary akta.pro industry code is FSABAEAF, Cooperative Banks (Member-Owned Commercial/Retail). Its NAICS code is 522110 and its SIC code is 6022.