ABA honors BankPlus for program aimed at the underserved

by MBJ Staff

Published: February 24,2012

Tags: awards, bankers, banking, Banks, finance, financial institutions, trade associations, underserved

RIDGELAND — The American Bankers Association has recognized 10 banks for their outstanding leadership by honoring them with an ABA Community Bank Award. The 2012 awards were presented in seven categories ranging from Improving Financial Literacy to Reaching Out to the Underserved.

The ABA selection committee awarded 10 banks from a field of nearly 200 nominations based on the innovation, creativity and effectiveness of the bank’s approach to making a difference in its community.

BankPlus won the Reaching Out to the Underserved for its CreditPlus program, which is a loan product designed to help improve a person’s credit and get consumers on the right track to a more sound financial future. This program that caters to the many Mississippians that are unbanked or underbanked also offers comprehensive financial education programs.

BankPlus was the only Mississippi-based bank to earn an ABA award.

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