Archive for the ‘BANKING & FINANCE – Market Sector’ Category

Banks may love debit cards more than you

by Published: October 9,2014

Tags: banking, Business, finance, Mississippi, small business

Like banks across the country, in today’s digital world, State Bank & Trust in Cleveland is getting fewer requests for checks. “We don’t order nearly the checks we used to for people,” said Jerry Bullock, president, State Bank & Trust, Cleveland. “Most would rather use a debit card. Just about everyone uses a debit or […] [...]

Developer who won suit wants cooperation — not resistance — from Jackson and the JRA

by Published: October 9,2014

Tags: Business, Downtown Jackson, Mississippi

With his lawsuit against the City of Jackson behind him,  developer Don Hewitt says he will pursue new local development opportunities, including building a convention center hotel. His big hope, he said, is that the new leadership at City Hall and on the JRA governing board will bring a less combative atmosphere that allows him […] [...]

New company, familiar faces — Coblentz, Kenne team up to form Tellōs Creative

by Published: October 9,2014

Tags: Business, Mississippi, small business

Two successful Golden Triangle-based entrepreneurs have teamed up, combining their strengths to establish a new, full-service advertising company. Robbie Coblentz, executive producer and chief executive officer of Starkville-based full-service production company Broadcast Media Group Inc., and Kathy Kenne, former co-founder and partner of the advertising, public relations, social media and special events firm Quest Group […] [...]

South Mississippi woman pleads guilty to bank, wire fraud

PICAYUNE — A Picayune woman has pleaded guilty in connection with a fraud scheme in New Orleans. U.S. Attorney Kenneth Polite’s office says 50-year-old Kim Parish entered the plea yesterday to charges of bank fraud and wire fraud. Prosecutors said Parish worked as an accountant for a New Orleans information technology services business, which she […] [...]

BancorpSouth moves Houston office into Friendswood facility

TUPELO — BancorpSouth Bank has opened a loan production office in the Houston, Texas, suburb city of Friendswood. BancorpSouth initially opened an office in temporary office space just over five months ago in a Southwest Houston location. The office recently moved to its new location at 699 South Friendswood Drive, Suite 107. The move enhances […] [...]

Hancock Bank to celebrate its 115th year in operation

GULFPORT — At the turn of the 20th century, 19 South Mississippians envisioned a bank committed to helping local people succeed. So, with $10,000 in capital and a business plan built on core values, they opened Hancock Bank. On Oct. 9, Hancock Bank will celebrate 115 years of serving the Coast with festivities in Lighthouse […] [...]

UPDATED: Payday lender All American operating on temporary license

Payday lender All American Check Cashing’s troubles with state regulators have cost it renewal of its annual license. The Madison company instead is operating its 41 stores under a temporary license granted by Mississippi Department of Banking and Consumer Finance regulators who need more time to determine whether the low-dollar lender violated state laws against […] [...]

New owners adding bistro to historic Bay St. Louis Main St. building

by Published: October 6,2014

Tags: Bay St. Louis, Business, Gulf Coast, Mississippi

BAY ST. LOUIS – The new owners of the brick facade building at 111 Main St. will enhance the retail space on one side, open a coastal bistro on the other and rebrand the new development as The Shops at Magnolia Alley. Also in the plans is construction of exclusive apartments behind the building. The Parrish […] [...]

Federal jury: Jackson must pay $600,000 for violating developer’s free speech rights

by Published: October 2,2014

Tags: Business, JACKSON, lawsuit, Mississippi

A federal court jury late Thursday afternoon delivered a $600,000 judgment against the City of Jackson on a claim the Jackson Redevelopment Authority violated the First Amendment free speech rights of a principal of a local development company that sought JRA bond money to buy downtown’s Deposit Guaranty building for a residential conversion. In ruling […] [...]

IKE TROTTER: Life insurance is for the living — plan it that way

by Published: October 2,2014

Tags: banking, Business, finance, Greenville, Ike Trotter, Mississippi

It has become a custom to write about life insurance concepts during the month of September. The calendar has turned to October, but my annual message is still important. My annual comments are due in great part to the publicity generated by Life Insurance Awareness Month and the great work of the non-profit organization sponsoring […] [...]

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