About

What We Do

Life happens. Sometimes all you need is a friend to be there to help you get up when life knocks you down. Here at Foti Financial Services we are "a friend when you need us." We provide financial services to clients who need a quick solution to life's problems. We are a company you can rely on to be accountable and responsible with your money. When assessing lending needs, we focus on the relationship we have with our customers while also looking out for their best interest.

Why We Do It

Foti Financial Services was started in 1955 in Donaldsonville, Louisiana, by Dr. Dominc Foti. Dr. Foti wanted to help individuals who could not get financial help at banks and always prided himself on being there for the people in the community. Over 50 years later, Foti Financial Services is still there for the community. We provide the opportunity for people in communities all over south Louisiana to get money when they need it so they can better manage their lives. We are passionate about helping those who may not be able to get service elsewhere, because perhaps they need a friend the most.

How We Do It

Relationship Building
 

When you have a problem, that's when you need a friend to look out for you and understand your problem. At Foti Financial Services, we look out for people. We build relationships within our communities so we can be that friend. We take the time to find out what the problem is and work with you to find a solution that works for you.

Integrity
 

We believe in always doing the right thing, even when people aren't looking. We are always looking out for the best interest of our customers, even when they don't quite understand the hows or whys of personal finance. We will always transact business in such a manner as to deserve the respect and confidence of the public, and we will adhere to the highest standards of business.

Accountability
 

No one should ever be caught off guard by changing rates or terms, so with our set rates and terms, everything is up front. We will always explain clearly to our customers the conditions, terms and contractual obligation of all loan transactions. This will help customers understand their obligations and be accountable as well. Through our profit-sharing program instituted in 1992, our managers can invest in their branches to become minority owners of the company. This simply means that your best interest is our best interest.

Customer Service
 

We are here to serve you. The best way to serve you is by getting to know you. Our managers take the time to find out more about your situation, rather than just go through the motions of filling out paperwork. To us, you are more than just a credit score. We want to know what's going on in your life so we can better understand how we can help you.

 

The Foti Legacy

Dr. Dominic Foti came to Donaldsonville, Louisiana, from St. Martinville in the 1940s. When he arrived, he set up his dental practice in Donaldsonville across the street from the current Foti Financial Services home office. He was an entrepreneur from the beginning, doing not only dental work, but also buying and selling things like watermelons, scraps and pecans, etc. Part of that was lending to people who couldn't go and get money. He lent money to help local businesspeople and even worked out payment plans for people who came to have dental work done.

At that time, banks were the only place people could go to borrow money, but they had to prove that they didn't need the money in order to receive it, so Dominic Foti decided to start his own finance company. He got many of his friends (mostly doctors) and investors from Baton Rouge, Port Allen and Thibodeaux to invest in the company. In 1955, the first branch of Foti Finance Company was opened in Donaldsonville, Louisiana. To try to keep competition from coming in, he started another finance company named Donaldsonville Finance, which is still a company today. Dr. Foti always prided himself on operating a company that was there for the people in the community.

In 1962, Anthony Grisaffe came to work for Dominic Foti as CEO of Foti Finance Company. Some years later in the 1970s, inflation and other things happened with the economy, creating a need for premium financing. Back then, Louisiana didn't have big chain insurance operations. Instead, there were smaller insurance companies. People needed financing because they couldn't pay their premiums up front. In 1979, Dominic Foti, with Anthony Grisaffe as CEO, started Insurance Limited (now Assurance LLC). They financed insurance premiums by paying the premiums in full and allowing the customers to pay them back monthly. Assurance was in operation until 2010 when it was bought out by Foti Premium Finance.

In 1992, Foti Finance Company instituted the profit-sharing program with branch managers. Managers would invest in their branch and be able to collect the profits, making them minority owners. This was, and still is, a very rewarding opportunity for the individuals working for the company.

Dominic Foti passed away in 1996. At that time, his wife Marie Foti, with the assistance of Anthony Grisaffe, took over the company. In 2001, they went from Foti Finance Company to Foti Financial Group, LLC. All of the finance companies turned to Foti Financial Services.

In 2004, Marie Foti passed away, so her daughter, Dr. Mica F. Landry, stepped in as the managing member of the company. She was assisted by her brother, Dr. Dominic Foti, as well as Anthony Grisaffe. In 2008, Mica's son, Paul T. Landry, IV came on board. Anthony Grisaffe retired in 2010 after serving as CEO for 48 years. Paul T. Landry IV took over as CEO in 2011.

Employment Opportunities

We are always looking for good people to join our team. Are you the right person? Fill out the form below and let's begin the journey.


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DONALDSONVILLE
422 Lessard St.
Donaldsonville, LA
225-473-9288

GONZALES
2247 S. Burnside Ave.
Gonzales, LA
225-644-2106

LUTCHER
1297 Lutcher Ave.
Lutcher, LA
225-869-5381

PLAQUEMINE
24307 Eden St.
Plaquemine, LA
225-687-6331

HOUMA
6486 West Park Ave.
Houma, LA
985-879-2335

THIBODAUX
602 South Canal Blvd.
Thibodaux, LA.
985-446-8828