Town getting ‘replacement’ bank for BancorpSouth

ECRU — The Town of Ecru won’t be without a bank after all.

Last month, Tupelo-based BancorpSouth said it was closing 23 branches this fall in six states to improve efficiency. One of those was the branch in Ecru, the town’s only bank.

The Northeast Mississippi Daily Journal says the First National Bank of Pontotoc has announced it will fill the void.

First National Bank president Buddy Montgomery says a temporary bank should open by the middle of August. He says a new bank will be built once a location is found.

Source: The Northeast Mississippi Daily Journal

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