Bailout Bank Bio: Whitney Holding Corporation

Dec 8, 2008 | 2 min read | Print Article

Whitney Holding Corporation is a bank holding company based in New Orleans, Louisiana. The company is the parent of Whitney National Bank. In early 2007, Whitney completed its acquisition of Signature Financial Holdings, Inc., the parent of Signature Bank and in November 2008, Whitney completed its acquisition of Parish National Corporation, the parent company of Parish National Bank. Whitney Holding will receive $301 million through the Treasury Department’s Capital Purchase Program.

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Bailout Bank Bio: Whitney Holding Corporation


Federal Equity Investment	$301 million
Total Revenue	$787.8 million (2007) $683.0 million (2008)
Net Income	$151.1 million (2007) $58.6 million (2008)
Number of Employees	2,474
Corporate Headquarters	New Orleans, Louisiana
Business Sector	Financial
Officers and Directors	John C. Hope III, Chairman of the Board, Chief Executive Officer John M. Turner Jr., President, Director Thomas L. Callicutt Jr., Chief Financial Officer, Executive Vice President, Treasurer
Corporate Website	http://www.whitneybank.com
Executive Compensation	Whitney Holding Corporation