UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 11-K

(Mark One)

R ANNUAL REPORT PURSUANT TO SECTION 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2007

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ____________ to _____________.

Commission file number:  01026.

A.  Full title and address of the plan, if different from that of the issuer named below:

WHITNEY NATIONAL BANK

SAVINGS PLUS PLAN

B.  Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

WHITNEY HOLDING CORPORATION

228 St. Charles Avenue

New Orleans, Louisiana 70130

WHITNEY NATIONAL BANK

SAVINGS PLUS PLAN

TABLE OF CONTENTS

Financial Statements

Signature

Exhibit 23.1:  Consent of PricewaterhouseCoopers LLP

Whitney National Bank Savings Plus Plan

Financial Statements and Supplemental Schedule

December 31, 2007 and 2006

Whitney National Bank Savings Plus Plan

Index

December 31, 2007 and 2006

	Page(s)
Report of Independent Registered Public Accounting Firm	1
Financial Statements
Statements of Net Assets Available for Plan Benefits at December 31, 2007 and 2006	2
Statement of Changes in Net Assets Available for Plan Benefits for the Year Ended December 31, 2007	3
Notes to Financial Statements, December 31, 2007 and 2006	4–8
Supplemental Schedule
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) at December 31, 2007	9

Note:  Other schedules required by Section 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure under Employee Retirement Income Security Act (“ERISA”) of 1974 have been omitted because they are not applicable.

Report of Independent Registered Public Accounting Firm

To the Participants and Administrator of

Whitney National Bank Savings Plus Plan

In our opinion, the accompanying statements of net assets available for plan benefits and the related statement of changes in net assets available for plan benefits present fairly, in all material respects, the net assets available for plan benefits of Whitney National Bank Savings Plus Plan (the “Plan”) at December 31, 2007 and 2006, and the changes in net assets available for plan benefits for the year ended December 31, 2007 in conformity with accounting principles generally accepted in the United States of America.  These financial statements are the responsibility of the Plan’s management.  Our responsibility is to express an opinion on these financial statements based on our audits.  We conducted our audits of these statements in accordance with the standards of the Public Company Accounting Oversight Board (United States).  Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.  An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation.  We believe that our audits provide a reasonable basis for our opinion.

Our audits were conducted for the purpose of forming an opinion on the basic financial statements taken as a whole.  The supplemental schedule of assets (held at end of year) at December 31, 2007 is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974.  This supplemental schedule is the responsibility of the Plan’s management.  The supplemental schedule has been subjected to the auditing procedures applied in the audit of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.

/s/ PricewaterhouseCoopers LLP

Atlanta, Georgia

June 23, 2008

1

Whitney National Bank Savings Plus Plan

Statements of Net Assets Available for Plan Benefits

December 31, 2007 and 2006

	2007		2006
Assets
Investments, at fair value	$	139,929,968	$	136,753,851
Participant loans		2,749,259		3,269,253
Total investments		142,679,227		140,023,104
Dividends and interest receivable		309,702		271,830
Total assets		142,988,929		140,294,934
Liabilities
Due to broker for securities purchase		456,973		483,867
Total liabilities		456,973		483,867
Net assets available for plan benefits, at fair value		142,531,956		139,811,067
Adjustment from fair value to contract value for indirect interest in
benefit-responsive investment contract		62,421		170,776
Net assets available for plan benefits	$	142,594,377	$	139,981,843

The accompanying notes are an integral part of these financial statements.

2

Whitney National Bank Savings Plus Plan

Statement of Changes in Net Assets Available for Plan Benefits

Year Ended December 31, 2007

Additions:
Investment income
Interest	$	256,151
Dividends		1,167,424
Net appreciation in fair value of investments		1,456,343
		2,879,918
Contributions
Employer		3,687,387
Employee		7,803,409
Others (including rollovers)		1,037,486
Funds transferred related to acquisitions		648,682
Total contributions		13,176,964
Total additions		16,056,882
Deductions:
Benefits paid to participants		13,434,064
Administrative expenses		10,284
Total deductions		13,444,348
Increase in net assets available for plan benefits		2,612,534
Net assets available for plan benefits
Beginning of year		139,981,843
End of year	$	142,594,377

The accompanying notes are an integral part of these financial statements.

3

Whitney National Bank Savings Plus Plan

Notes to Financial Statements

December 31, 2007 and 2006

1.   Plan Description

General

The following description of the Whitney National Bank Savings Plus Plan (the “Plan”) provides only general information.  Participants should refer to the Plan agreement for a more complete description of the Plan’s provisions.

Whitney National Bank (the “Bank” or “Whitney”) is the sponsor of the Plan.  The Plan is subject to the applicable provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).

Plan Administration

The Bank’s Trust and Wealth Management Division acts as Trustee for the Plan, and the Plan is administered by the Bank acting through its Human Resources Department.  The Plan’s employee account record maintenance function is performed by an outside service organization, Fidelity Investments Institutional Operations Company, Inc. (“Fidelity”), which also functions as custodian.

Contributions

Eligible participants may elect to contribute, on a pre-tax basis, from 1% to 25% of their compensation, as defined in the Plan document, subject to certain limitations.  The Bank matches the participant’s eligible contributions dollar for dollar up to 4% of the participant’s compensation.  The foregoing provisions qualify the Plan as a Safe Harbor Plan in 2007 and 2006.  Participants age 50 or older may also make catch-up contributions up to limits specified under the Internal Revenue Code (“IRC”), but such contributions are not taken into account for purposes of determining the Bank’s matching contribution.  The Plan Administrator may also allow participants to contribute or roll over assets attributable to their pre-tax contributions to another qualified employee benefit plan.

Funds Transferred Related to Acquisitions

During 2007, assets with a total value of $648,682 were transferred into the Plan from a 401(k) plan for the employees of Signature Bank (“Signature”), a subsidiary of Signature Financial Holdings, Inc., which was acquired by the Bank’s parent company, Whitney Holding Corporation.  Signature was merged into the Bank.

Vesting

Participants immediately vest 100% in their voluntary contributions, matching Bank contributions and investment earnings.

Benefits

Participants may elect to receive their account value in a lump-sum distribution or, if eligible, in the form of an IRA rollover when they terminate service or because of death, disability or retirement.  Participants may also transfer their account balance to another tax deferred qualified plan.  A lump-sum distribution is subject to certain taxes and penalties imposed by the IRC and to the Plan’s rules regarding the availability of distributions.  In certain circumstances, participants who are actively employed may request a hardship withdrawal from their account, but the participant may be subject to Federal and State income taxes and the imposition of a penalty tax on such withdrawals for the year of distribution.  The Plan has adopted the hardship withdrawal provisions of the Katrina Emergency Tax Relief Act (“KETRA”).  The Plan also allows certain withdrawals by actively employed participants who are at least 59-1/2 years of age.

Participant Accounts

Individual accounts are maintained for each of the Plan’s participants to reflect the participant’s contributions, the Bank’s matching contributions, and investment income, gains and losses.

Participation

The Plan covers all salaried employees of the Bank who have completed six months or more of employment (eligible participants).

4

Whitney National Bank Savings Plus Plan

Notes to Financial Statements

December 31, 2007 and 2006

Participant Loans

Participants may borrow from their accounts amounts ranging from a minimum of $1,000 to a maximum of 50% of the account balance, not to exceed $50,000.  Loan maturities generally range from 1-5 years, but may extend up to 10 years for the purchase of a primary residence.  Plan amendments in response to KETRA temporarily increased the loan limit for qualified participants to $100,000, allowed them to borrow up to 100% of their account balances and relaxed certain loan terms.  The loans are collateralized by the balance in the participant’s account and are to bear interest at the prime rate as reported in the Wall Street Journal plus 1% or such other rate determined by the Plan administrator on a uniform and consistent basis.  The interest rate on outstanding loan balances ranged between 5% and 9.5% for 2007 and 5% to 10.5% for 2006.  Principal and interest is paid ratably through semi-monthly payroll deductions.  Upon origination of a loan, participants are charged an administrative fee.  Loan fees are reflected in administrative expenses.

Investment Options

Under the provisions of the Plan, participating employees are allowed to choose the manner in which all of their contributions are invested.  Employees may choose from a number of registered investment company investments, e.g. mutual funds, a stable value fund and Whitney Holding Corporation common stock.  Employees have the ability to change investment elections and transfer account balance funds among the various fund options on a daily basis.

Cash and Cash Equivalents

From time to time, the Whitney Stock Fund holds uninvested cash to meet certain distributions and, on a short-term basis, pending investment in additional Whitney stock.  During 2007 and 2006, most of the cash held by the Whitney Stock Fund was invested in short-term institutional money market funds earning market rates of interest.

2.   Summary of Significant Accounting Policies

Basis of Accounting

The financial statements of the Plan are prepared using the accrual method of accounting.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein, and disclosure of contingent assets and liabilities.  Actual results could differ from those estimates.

Investment Valuation and Income Recognition

Plan investments are stated at fair value except for loans to participants that are valued at cost, which approximates fair value.  Whitney Holding Corporation common stock is valued using quoted market prices.  Shares of registered investment companies are valued at the net asset value of shares held by the Plan at year end.  The Plan's interest in the common/collective trust is valued based on information reported by the investment advisor of the common/collective trust at year-end.

As described in Financial Accounting Standards Board Staff Position, FSP AAG INV-1 and SOP 94-4-1, Reporting of Fully Benefit-Responsive Investment Contracts Held by Certain Investment Companies Subject to the AICPA Investment Company Audit Guide and Defined Contribution Health and Welfare and Pension Plans (the "FSP"), investment contracts held by a defined contribution plan are required to be reported at fair value.  However, contract value is the relevant measurement attribute for that portion of the net assets available for benefits of a defined contribution plan attributable to fully benefit-responsive investment contracts, because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the Plan.  The Plan invests in investment contracts through a common/collective trust.  As required by the FSP, the statements of net assets available for plan benefits present the fair value of the investment in the common/collective trust as well as the adjustment of the investment in the common/collective trust from fair value to contract value relating to the investment contracts.  The statement of changes in net assets available for plan benefits is prepared on a contract value basis.

5

Whitney National Bank Savings Plus Plan

Notes to Financial Statements

December 31, 2007 and 2006

Purchases and sales of investments are recorded on a trade date basis.  Dividends are recorded on the ex-dividend date.

In September 2006, the FASB issued SFAS No. 157, Fair Value Measurements, to increase consistency and comparability in fair value measurements and provide for expanded disclosures about the development of such measurements and their effect on earnings.  Although the statement does not require any new fair value measurements, its definition of fair value and the framework it establishes for measuring fair value in generally accepted accounting principles will result in some changes from current practice.  The guidance in this statement is generally effective for the Plan’s 2008 fiscal year.  The initial application of this standard is not expected to have a material impact on the Plan’s net assets available for plan benefits.

Administrative Expenses

Under the Plan, as amended, the Bank may elect to charge administrative fees and expenses against the assets of the Plan, subject to certain requirements imposed by applicable law.  This election can be made annually and need not be the same each year.  Substantially all of the administrative expenses of the Plan were borne by the Bank in 2007.

Certain asset management fees are imposed under each of the investment options offered by the Plan.  These management fees are charged against the return earned by the applicable investment option.  In general, no sales commission or other front-end or back-end charges (loads) are imposed with respect to the acquisition or disposition of investment options under the Plan.  Two of the registered investment company investment options deduct a trading fee when shares are held fewer than 90 days.

Payment of Benefits

Benefits are recorded when paid.

3.   Investments

The following is a detail of investments that represent 5% or more of net assets as of December 31, 2007 and 2006:

	2007		2006
Whitney Stock Fund (including cash of $1,023,585 and
$991,757 as of December 31, 2007 and 2006, respectively)	$	28,697,869	$	33,535,231
Fidelity Advisor Stable Value Portfolio: Class I, at contract value		15,763,904		17,073,313
Fidelity Advisor Equity Income Fund: Institutional Class I		19,355,165		20,595,235
Fidelity Capital Appreciation Fund		20,822,434		20,246,533
Fidelity Contrafund		15,927,534		12,754,819

During 2007, the Plan’s investments (including gains and losses on investments bought, sold, transferred in, and held during the year) appreciated in value by a net $1,456,343 as follows:

	Year Ended
	December 31,
	2007
Investments in Registered Investment Companies	$	7,240,529
Investment in Common/Collective Trust		671,708
Investment in Whitney Stock Fund		(6,455,894	)
Net Change in Fair Value	$	1,456,343

6

Whitney National Bank Savings Plus Plan

Notes to Financial Statements

December 31, 2007 and 2006

4.   Investment in Whitney Holding Corporation Stock

The Plan held investments in the Bank’s parent, Whitney Holding Corporation (the “Corporation”), at December 31, 2007 and 2006 as shown in the following table:

	2007			2006
Number of shares held		1,058,290			997,654
Market value of shares	$	27,674,284		$	32,543,474
As a % of fair value of the Plan's total investments		19.40	%		23.24	%
As a % of the outstanding common shares of the Corporation		1.61	%		1.51	%

With regard to the Whitney Stock Fund, the Plan utilizes a unit value method for tracking the market value of assets invested in this fund option.  As of December 31, 2007 and 2006, there were approximately 1,227,669 and 1,170,362 units outstanding with a market value of approximately $23.01 and $28.47 per unit, respectively, related to the Whitney Stock Fund.

5.   Risks and Uncertainties

The Plan provides for various investments in registered investment companies, a common/collective trust and common stock.  Investment securities, in general, are exposed to various risks, such as overall market volatility, credit and interest rate risk.  Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term, and that such changes could materially affect the value of participants’ account balances and the amounts to be reported in the statements of net assets available for plan benefits for future periods.

6.   Related Party Transactions

Certain Plan investments are shares of registered investment companies or units of a common/collective trust, all of which are managed by an affiliate of Fidelity, and Whitney Holding Corporation common stock.  Fidelity is the recordkeeper and custodian as defined by the Plan and Whitney Holding Corporation is the Bank's parent.  Therefore, these transactions qualify as related party transactions, which are exempt from the prohibited transaction rules.  Additionally, participant loans are related party transactions which are also exempt from the prohibited transaction rules.

7.   Tax Status

The Internal Revenue Service has determined and informed the Company by a determination letter dated June 11, 2008, that the Plan and related trust, which include all amendments to date, are designed in accordance with applicable sections of the IRC.

8.   Plan Termination

While it has not expressed any intention to do so, the Bank has the right under the Plan to terminate its participation in the Plan at any time by delivering written notice to the Trustee at least ten days prior to the proposed effective termination date.  In the event the Plan terminates, the Trustee would, in accordance with written instructions of the Bank, either (1) distribute the Plan’s assets to participants after payment of any expenses properly chargeable to the Plan, or (2) continue to hold and administer the assets in accordance with the Plan and Trust agreements.

7

Whitney National Bank Savings Plus Plan

Notes to Financial Statements

December 31, 2007 and 2006

9.           Reconciliation of Financial Statements to Form 5500

The following is a reconciliation of net assets available for plan benefits per the financial statements to the Plan’s Form 5500:

	December 31,
	2007			2006
Net assets available for benefits per the financial statements	$	142,594,377		$	139,981,843
Less:  Benefit claims payable		(303,336	)		-
Less: Adjustment from contract value to fair value		(62,421	)		(170,776	)
Net assets available for benefits per the Form 5500	$	142,228,620		$	139,811,067

The following is a reconciliation of benefits paid to participants per the financial statements to the Plan’s Form 5500:

	Year Ended
	December 31,
	2007
Benefits paid to participants per the financial statements	$	13,434,064
Add:  Benefit claims payable at December 31, 2007		303,336
Benefits paid to participants per Form 5500	$	13,737,400

8

Whitney National Bank Savings Plus Plan

EIN 72-0352101, Plan Number 001

Schedule H, Line 4i – Schedule of Assets (Held at End of Year)

December 31, 2007

b

			(c)
			Description of
			investment including
			maturity date, rate of		(e)
		(b)	interest, collateral, par	(d)	Current
(a)		Identity of issue, borrower, lessor or similar party	or maturity value	Cost **	Value
		Federated Mid Cap Index Fund	Registered investment co.		$4,177,362
	*	Fidelity Advisor Equity Income Fund: Institutional Class I	Registered investment co.			19,355,165
	*	Fidelity Advisor Intermediate Bond Fund: Class I	Registered investment co.			4,617,759
	*	Fidelity Advisor Value Strategies Fund: Class I	Registered investment co.			2,863,320
	*	Fidelity Capital Appreciation Fund	Registered investment co.			20,822,434
	*	Fidelity Contrafund	Registered investment co.			15,927,534
	*	Fidelity Four-in-One Index Fund	Registered investment co.			445,949
	*	Fidelity Freedom Income Fund	Registered investment co.			126,507
	*	Fidelity Freedom 2000 Fund	Registered investment co.			75,164
	*	Fidelity Freedom 2005 Fund	Registered investment co.			214,289
	*	Fideltiy Freedom 2010 Fund	Registered investment co.			1,472,244
	*	Fidelity Freedom 2015 Fund	Registered investment co.			1,363,073
	*	Fidelity Freedom 2020 Fund	Registered investment co.			622,357
	*	Fidelity Freedom 2025 Fund	Registered investment co.			298,182
	*	Fidelity Freedom 2030 Fund	Registered investment co.			416,464
	*	Fidelity Freedom 2035 Fund	Registered investment co.			281,628
	*	Fidelity Freedom 2040 Fund	Registered investment co.			167,098
	*	Fidelity Freedom 2045 Fund	Registered investment co.			27,357
	*	Fidelity Freedom 2050 Fund	Registered investment co.			62,335
	*	Fidelity Strategic Income Fund	Registered investment co.			1,077,708
	*	Fidelity U.S. Bond Index Fund	Registered investment co.			283,545
	*	Spartan U.S. Equity Index Fund - Investor Class	Registered investment co.			6,408,932
	*	Spartan International Index Fund - Investor Class	Registered investment co.			5,406,624
		The Oakmark Equity & Income Fund - Class I	Registered investment co.			6,981,907
		Wells Fargo Advantage Small Cap Value Fund - Class Z	Registered investment co.			2,035,679
		Subtotal Registered Investment Companies				95,530,616
	*	Fidelity Advisor Stable Value Portfolio: Class I	Common/Collective Trust			15,701,483
	*	Whitney Holding Corporation Stock	Whitney Stock Fund			27,674,284
	*	Cash				1,023,585
		Subtotal Whitney Stock Fund				28,697,869
	*	Various participant loans	5.00% - 9.50%
			2008 - 2017			2,749,259
						$142,679,227

*Denotes party-in-interest.

**Cost information not required for participant directed investments under an individual account plan.

9

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the Whitney National Bank Savings Plus Plan) have duly caused this Annual Report on Form 11-K to be signed on its behalf by the undersigned hereunto duly authorized.

Whitney National Bank

Savings Plus Plan

/s/ Paul D. Bergeron

Paul D. Bergeron

Plan Administrator

Date:  June 23, 2008