Home » NEWS » Renasant opens on Main St. in Columbus

Renasant opens on Main St. in Columbus

By Ted Carter

Renasant Bank is telling the Great Recession “you’re not the boss of me.”

In fact, the recession hasn’t called many shots at all in the Tupelo boardroom of Renasant.

The $4.2 billion banking company is ignoring the banking sector slowdown as it completes an acquisition and branch tri-fecta for the year. Renasant, which has 75 banking, lending and insurance offices, took over a failed bank in north Georgia in the summer, opened a branch in New Albany in May and later opened a new branch in a Birmingham suburb.

This week (Nov. 17), it officially opened its new Columbus branch downtown at 905 Main St.

“We see the Golden Triangle as a solid banking market with tremendous growth potential,” says Scott Cochran, Renasant Mississippi Division president.

The Triangle is indeed a coveted market. When Trustmark announced its ill-fated acquisition of Cadence Bank, it noted the prosperity to be gained in the economically resurgent region and Cadence’s long relationships with businesses and individual account holders there. We all know that the story had a less-than-happy ending for Trustmark, as Cadence jilted the Jackson-based regional for a subsequent offer from a Houston banking investment group.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Amy McCullough

Leave a Reply

Your email address will not be published. Required fields are marked *

*