Posts Tagged ‘banker’

Bank creates half-billion-dollar loan pool for businesses

TUPELO — BancorpSouth is setting aside a $500 million loan fund aimed at Mississippi businesses, saying it will work with state officials to find qualified borrowers. Gov. Phil Bryant appeared with BancorpSouth executives to laud the move today. The officials spoke at the headquarters of C Spire Wireless, citing the eight-story office building as an […] [...]

Former teller with drug addiction sentenced for stealing

GULFPORT — A federal judge has sentenced Ashley Ann Keel to 18 months in prison and ordered her to make restitution of the $80,980 she stole when she was vault teller for a Hancock Bank branch in Biloxi. The Sun Herald reports U.S. District Judge Louis Guirola Jr. sentenced Keel yesterday and also ordered drug […] [...]

Emergency loan deadline nearing for victims of Feb. 10 storm

SOUTH MISSISSIPPI — The U.S. Small Business Administration is reminding eligible private non-profit (PNP) organizations in Mississippi of the April 22 deadline to submit disaster loan applications for damages caused by severe storms, tornadoes and flooding that began Feb. 10. The SBA offers low interest disaster loans to private non-profit organizations for physical losses up […] [...]

Bank raises $20M through private stock placement

HATTIESBURG — The First Bancshares Inc., the parent company of The First, A National Banking Association, has completed a private placement of Series D Nonvoting Convertible Preferred Stock, $1 par value. The First raised $20 million in new capital through a private placement of 1,951,220 shares of its Series D nonvoting convertible preferred stock at […] [...]

Locally-owned bank building new regional HQs in La.

LAFAYETTE, La. — Whitney Bank has begun construction on a regional headquarters building to serve the Lafayette, La., Morgan City, La.,  and central Louisiana markets. The Daily Advertiser reports the 20,000-square-foot River Ranch complex will house at least 50 employees and be a focal point of the bank’s business banking, commercial and middle-market lending, investments […] [...]

Ex-bank teller to repay $117K, gets jail time for theft

PICAYUNE — A former teller at a Picayune bank has been ordered to repay more than $117,000 she helped steal from the bank’s vault over a year’s time. U.S. District Judge Sul Ozerden also sentenced 43-year-old Debra Mitchell, of Carriere, to six months in prison, six months of house arrest and two years of post-release […] [...]

Deadlines approaching for disaster recovery assistance

ACROSS MISSISSIPPI — The U. S. Small Business Administration reports it has approved over $1 million in Disaster Assistance Loans for residents and businesses in South Mississippi affected by the severe storms, tornadoes and flooding Feb. 10-22. The deadline to file an SBA disaster loan application for physical damage is April 15. “Currently 15 disaster […] [...]

Bank opens renovated, expanded office in Alabama

BRANDON — Community Bank has opened an office in Fairhope, Ala. Community Bank has remodeled the office, adding a 24/7 ATM, night depository and drive-through service lane. The new full-service bank is managed by Mark Stejskal. Also, Poenta Luckie, Baldwin County (Ala.) market president, will also be headquartered in this location. [...]

Deadline approaching for SBA disaster recovery assistance

MISSISSIPPI DELTA — The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that April 8 is the filing deadline for federal economic injury disaster loans available in Mississippi as a result of the drought that began on July 31, […] [...]

Trustmark selects CONIX’s anti-fraud solution

JACKSON — Trustmark National Bank has added CONIX Systems Inc.’s Fraud Detective solution to the bank’s payment processing operation. Manchester, Vt.-based CONIX says Fraud Detective helps banks and payment processors reduce both risk and cost by improving the speed and accuracy of identifying payment fraud across payment channels. “Trustmark has systematically implemented payment alternatives for […] [...]

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