Company Information

Get to know Jeff Davis Bancshares

Jeff Davis Bancshares, Inc. was the parent holding company for JD Bank, a community bank founded in 1947. Headquartered in Jennings, Louisiana, the bank focused on providing a comprehensive suite of personal and commercial banking services, including checking and savings accounts, loans, and mortgages, to the communities of Southwest Louisiana. In October 2020, Jeff Davis Bancshares, Inc. completed a merger with First National Bank of Louisiana. The combined, larger institution now operates entirely under the JD Bank name and charter, continuing its mission to serve the financial needs of local residents and businesses with a commitment to community involvement and personalized customer service.

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Jeff Davis Bancshares

United States

Founded in

12 3월 1947 (79 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.