Retired banker Jerry Wilson of Columbus has been chosen by Gov. Phil Bryant to become Mississippi’s next banking commissioner.
Wilson must be confirmed by the state Senate. He would serve a four-year term beginning July 1 as the head of the Department of Banking and Consumer Finance. The department regulates state-chartered banks, thrifts and credit unions, as well as loan companies, pawn brokers, check cashers and mortgage lenders.
Wilson is the former president of BankFirst Financial Services, based in Macon, Miss., having retired in 2011.
Before joining what was then Merchants and Farmers Bank in 1984, Wilson worked for People’s Bank in Grenada and BancorpSouth. From 1967 to 1969, he was a bank examiner for the Office of the Comptroller of the Currency, which regulates national banks.
He would replace John Allison, who retired in September after 40 years with the Department of Banking and Consumer Finance. Theresa Brady, deputy commissioner under Allison, has served as interim commissioner. Brady said Tuesday she intends to return to her former post of deputy commissioner.