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Synergy Bank Announces New Vice Presidents & Credit Officer

Synergy Bank’s board of directors recently named promotions within bank leadership. Gerald Thibodaux II was named Vice President and Chief Credit Officer, while Wade Richard and Rusty Bourg were named Vice Presidents. The announcement was made by Jerry P. Ledet, Jr., Synergy Bank President.

Gerald Thibodaux II is a 1994 graduate of Thibodaux High School and received his bachelor’s degree in accounting in 1998 and his Master of Business Administration in 2001 from Nicholls State University. Mr. Thibodaux is a Certified Public Accountant (CPA) with 20 years of banking experience, previously having served as Vice President of Operations and Accounting Manager at Synergy Bank, as well as Senior Vice President at another financial institution. He is a member of the Rotary Club of Thibodaux, E.D. White Catholic High School Cardinal Club Board of Directors, American Institute of Certified Public Accountants, and Society of Louisiana Public Accountants.

Wade Richard was promoted to Vice President. Mr. Richard is a graduate of Thibodaux High School and received his bachelor’s degree in Business Administration from Nicholls State University. He has 45 years of banking experience, serving the last 9 years as Synergy Bank’s Gray Branch Manager. Mr. Richard is a member of the Raceland Lions Club, Raceland Grand Marshalls Club, Raceland Fire Department, and Central Lafourche Chamber of Commerce.

Rusty Bourg was promoted to Vice President. Mr. Bourg is a graduate of South Terrebonne High School and received his bachelor’s degree from Louisiana State University in 2006. He serves as Synergy’s Administrative Services Manager, overseeing bank security as well as vendor and facilities management. Mr. Bourg also fills the roles of Bank Secrecy Act Officer and Information Security Officer. He serves as a member of the Terrebonne Parish Sheriff’s Community Council.

Synergy Bank is a locally owned community bank with six locations serving Terrebonne and Lafourche Parishes. As of December 31, 2020, Synergy’s total assets equaled $672 million. For more information about Synergy Bank, visit

Gerald Thibodaux II

Pictured left to right: Gerald Thibodaux II, Rusty Bourg, Wade Richard