MC Bancshares Appoints Nathanson and Underhill to Board
Company - People | Apr 25, 2025 | EIN
MC Bancshares, Inc., the holding company for M C Bank & Trust Company, has appointed two new board members, Steve Nathanson and Townsend Underhill, at its recent Annual Shareholders Meeting. Both Nathanson and Underhill previously served on the bank's Greater New Orleans Advisory Board, with Underhill acting as Chair. Nathanson brings 50 years of experience in energy, construction, and agriculture industries through his leadership role at Nathanson Energy, while Underhill offers expertise in commercial real estate as President & CEO of Stirling. The appointments align with M C Bank's mission to strategically grow and innovate by integrating the insights and community-focused approaches of the new board members. The bank operates across 10 locations in Louisiana and prides itself on a human-centered banking approach.
Sectors
- Financial Services
- Real Estate
- Energy
Geography
- United States – The activities and participants involved are based in the US, specifically in Louisiana.
- Louisiana – The state where M C Bank operates and where the new board members have professional ties.
Industry
- Financial Services – The industry pertains to the activities of M C Bank & Trust Company, a financial institution offering banking services.
- Real Estate – Relevant due to Townsend Underhill's role in Stirling, a commercial real estate company.
- Energy – Relevant due to Steve Nathanson's role in Nathanson Energy and its portfolio dealings.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| M C Bank & Trust Company | Target Company | Company | A Louisiana-chartered state bank and the primary subsidiary of MC Bancshares, Inc. |
| MC Bancshares, Inc. | Holding Company | Company | The holding company for M C Bank & Trust Company, facilitating the appointment of new board members. |
| Steve Nathanson | New Board Member | Person | Chairman of the Board and Managing Partner of Nathanson Energy, with a background in energy, construction, and agriculture. |
| Townsend Underhill | New Board Member | Person | President & CEO of Stirling, with expertise in commercial real estate. |
| Kenny Nelkin | M C Bank's Board Chairman | Person | Board Chairman who announced the new appointments. |
| Chris LeBato | President & CEO of M C Bank | Person | President & CEO of M C Bank, highlighting the strategic growth driven by new board skills. |