Posts Tagged ‘banking and finance’

Community Bancshares still a top destination for borrowers seeking SBA loans

by Published: September 15,2014

Tags: banking and finance, Business, Mississippi

Brandon-based Community Bancshares continues to run far ahead of other Mississippi banks in the amount of money loaned to businesses through the Small Business Administration. Community Bancshares, the $2.5 billion parent of four separately chartered Community Bank companies based in Biloxi, Ellisville, Brandon and Amory, made slightly more than $47 million in SBA loans from […] [...]

MBA TURNS 125 — Regulation, technology driving consolidation

As the Mississippi Bankers Association celebrates its 125th anniversary this year, the number of banks in the states has decreased from about 165 to fewer than 100 in the past 30 years, and the spiraling growth of bank regulation could possibly reduce that number even farther. Freddie Bagley, chairman of Community Bancshares Inc., of Brandon […] [...]

Trustmark’s military internship program helps military veterans make transitions

by Published: August 14,2014

Tags: banking and finance, Business, Mississippi, Trustmark Bank

Trustmark Bank is recruiting heroes for its military internship program. The bank recognizes the desirable work traits of those who have served in the armed forces and honors their commitment to service. “We are proud to express our gratitude and exercise our commitment to military service by offering professional assistance to former and current military […] [...]

MARK BLACKWELL: It’s a matter of trusts

by Published: August 11,2014

Tags: banking and finance, Business, Mississippi, trusts

When asked to whom he intended to leave his assets at his death, one of our clients responded, “I plan on spending my last few thousand dollars on my casket.”  Another client quipped, “If I have a nickel left over, then I miscalculated!” Despite the occasional one-liner about spending their children’s inheritance, however, most people […] [...]

Banking at the Post Office — Payday lenders more accepting of idea than bankers

The U.S. Postal Service may soon take financial services where traditional banks are no longer eager to be — low- and moderate-income neighborhoods in Mississippi and elsewhere around the country. Savings accounts, debit cards and small loans would become as common place at some post offices as Forever Stamps and parcel packages. Advocates for people […] [...]

Former contractor’s federal bank fraud trial rescheduled

SOUTHAVEN — Former Southaven city contractor James Malcolm Harris Jr., who has business ties to Mayor Greg Davis and was recently indicted on bank fraud charges, has had his federal trial reset for Sept. 9. Harris’ attorney, David Hill, asked the court to delay a March 4 trial, saying they needed more time to prepare […] [...]

Trustmark completes purchase of Alabama-based bank

JACKSON — Trustmark Corporation has completed its merger with Mobile, Ala.-based BancTrust Financial Group Inc., as well as the merger of BankTrust with and into Trustmark National Bank. Gerard R. Host, President and CEO of Trustmark, stated, “We are delighted to expand the Trustmark franchise across Alabama, including the attractive Mobile, Montgomery and Selma markets, […] [...]

Three more drought-ridden counties eligible for assistance

NORTH MISSISSIPPI — The U.S. Small Business Administration reports federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Alcorn, Benton and Tippah counties as a result of the drought and excessive heat. Under this declaration, the […] [...]

Southern Bancorp branch earns LEED certification

HERNANDO — Shortly after the opening of the Southern Bancorp Hernando Branch in summer 2011, Southern applied for LEED (Leadership in Energy and Environmental Design) certification. The United States Green Building Council (USGBC) has now awarded the Hernando Branch its LEED Certification – the first LEED Certified bank building in the State of Mississippi, according […] [...]

Economic crisis gave Metropolitan Bank the opportunities it needed

>> Gabardi’s idea was to cultivate a niche space in which Metropolitan’s bankers would compete against other bankers — not other banks As the sky seemed to be falling on the nation’s banking sector in 2008, veteran banker Curt Gabardi and his “Band of Bankers” executive corps decided there may never be a better time […] [...]

Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments