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

Cherokee Brick & Tile to restart Tri-State plant in Jackson

by Published: July 7,2014

Tags: bricks, Business, construction, JACKSON, Mississippi, NEWS

Brick and tile manufacturing is set to resume by the end of the year at the dormant Tri-State Brick and Tile plant under new owners who see Jackson as a gateway to reaching an additional 30 percent of  the U.S. market. Cherokee Brick & Tile, a Macon, Ga., family-owned maker of brick and tile and […] [...]

Mississippi ranks sixth in growth of women-owned businesses

Mississippi is ranked sixth in the nation in the growth of women-owned firms between 1997 and 2013, according to American Express OPEN’s 2013 State of Women-Owned Businesses Report: A Summary of Important Trends, 1997-2013. The report showed that Mississippi had a 77.4 percent growth in the number of women-owned firms between 1997 and 2013. The […] [...]

Metropolitan Bank – Best Places to Work 2014

SECOND PLACE WINNER OF MEDIUM CATEGORY At Metropolitan Bank, relationships are everything – in fact, it’s the company’s belief that customers deserve to handle banking business on their own terms, be it online or in person. Metropolitan also believes associates possess an attitude for leadership at every level in the bank. It is this belief […] [...]

NCUA gives approval for new credit union charter

MCCOMB — The National Credit Union Administration has approved a charter for First Unity Federal Credit Union of McComb. NCUA board chairman Debbie Matz said in a news release yesterday that First Unity will primarily serve people in Pike, Walthall and Amite counties in southwest Mississippi. The three counties had a population of 68,978 in […] [...]

Trustee wants Vantium to service Community Home loans

JACKSON — United States Bankruptcy Court for the Southern District of Mississippi has approved the request of Kristina M. Johnson, Chapter 11 trustee of the bankruptcy estate of Community Home Financial Services Inc., to retain Vantium Capital Inc. (d/b/a Acqura Loan Services) to service mortgage loans on behalf of the bankruptcy estate. Johnson’s appointment as […] [...]

A Q&A with Gov. Phil Bryant — Energy, oil and other things

Gov. Phil Bryant earlier this month delivered a keynote address to oil company executives and others gathered in Houston for the Tuscaloosa Marine Shale Summit. Upon his return, the governor’s office agreed to answer a series of questions on the subject of the Tuscaloosa Marine Shale. Here is the Q&A: Q — Does the governor […] [...]

Revised home-mortgage rules seen as threat to home ownership in rural Mississippi

New home mortgage lending rules that threaten to end  balloon mortgage lending in Mississippi likely will top the list of concerns the Mississippi Bankers Association will note in a reply to federal regulators who have initiated a series of  comment periods on banking regulations. The replies by Mississippi bankers and their advocacy organization, the MBA, […] [...]

The next transition — Phil Hardwick leaving the Stennis Institute

Few people can match Phil Hardwick’s resume when it comes to diversity. Over his career, Hardwick has been a clerk, soldier, law enforcement officer, investigator, real estate consultant, author/columnist, community and economic developer and educator/trainer. On Sept. 1, Hardwick will begin yet another chapter in his eclectic career after stepping down as coordinator of capacity […] [...]

SBA surpasses $100M in loans through third quarter

ACROSS MISSISSIPPI — With just over three months to go before the federal fiscal year ends, the U. S. Small Business Administration Mississippi District has surpassed the $100-million milestone. Thus far through the third quarter of fiscal year 2014 (Oct. 1, 2013 to June 15, 2014), the Mississippi SBA office has 287 approved loans totaling […] [...]

WHO’S BEST FOR BUSINESS? Mississippians see different stakes in GOP Senate runoff

Size really does matter when breaking down how Mississippi’s business sector will vote in Tuesday’s Republican senatorial primary runoff. The larger the business the more likely the sentiments will fall to incumbent Sen. Thad Cochran, who has been in Washington longer than 42-year-old tea party challenger and Mississippi Senate member Chris McDaniel has been on […] [...]

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