Hibernia Returns to Landmark Downtown Headquarters Monday; Management Returns, Branch to Open for Customers
28 October 2005 - 6:56AM
Business Wire
In another sign of Hibernia Corp's (NYSE: HIB)continued recovery
and commitment to serving customers, the company will return to its
landmark downtown headquarters building beginning Monday, Oct. 31.
The branch office in the lobby of the headquarters building at 313
Carondelet St. in the Central Business District will also re-open
that day to the public. Members of Hibernia's Executive Management
Committee and others will be the first to move back into their
offices in the building. Other departments will begin returning to
their offices in the days and weeks that follow. The Executive
Management Committee has been based in Baton Rouge since Hurricane
Katrina struck on Aug. 29. The company continues to re-open branch
offices in the region as quickly as possible, and Orleans Parish
offices are now open in the French Quarter at 137 Royal St., Uptown
at 3540 St. Charles Ave. and in Algiers at 3800 Gen. DeGaulle
Drive. In Jefferson Parish, 15 of the company's 20 offices and
drive-up locations have reopened. Hibernia has been based in
downtown New Orleans since the company was formed in 1870. The
company's current headquarters building opened in 1922, and held
the record as New Orleans' tallest skyscraper for 43 years. It was
declared a national landmark in 1984. On Sept. 15, two weeks after
Hurricane Katrina, the company used generators to once again
illuminate the white tower atop the 22-story building to provide a
beacon of hope at a time when most of the city was still without
electricity. For updates on Hibernia's open branches, loan
programs, disaster relief for customers and other information
related to hurricanes Katrina and Rita, go to
www.Hibernia.com/Recovery. Hibernia is on Forbes magazine's list of
the world's 2,000 largest companies and Fortune magazine's list of
America's top 1,000 companies according to annual revenue. Hibernia
has $23.2 billion in assets and 326 locations in 34 Louisiana
parishes and 36 Texas counties. Hibernia Corporation's common stock
(HIB) is listed on the New York Stock Exchange.
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