TUPELO — BancorpSouth Bank, subsidiary of BancorpSouth Inc. has opened a loan production office at 11612 Bee Caves Road in Austin, Texas, providing a broad range of financial services to the Austin metropolitan area.
“The Austin, Texas MSA consistently ranks at or near the top of almost all statistical publications regarding economic drivers and activity,” said BancorpSouth chairman and CEO Dan Rollins. “Austin’s business climate, together with our experienced team, provides BancorpSouth with tremendous growth opportunities.”
BancorpSouth Bank currently operates 22 banking offices in Texas, comprising nearly $1 billion in net loans and more than $800 million in total deposits.
BancorpSouth Inc. is a financial holding company headquartered in Tupelo with approximately $13.1 billion in assets. BancorpSouth Bank, a wholly-owned subsidiary of BancorpSouth Inc., operates approximately 300 commercial banking, mortgage, and insurance locations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, including an insurance location in Illinois.