Posts Tagged ‘banking’

PriorityOne buys mortgage lending offices; forms ‘Delta Division’

MAGEE — PriorityOne Bank has acquired new mortgage lending offices in Greenwood and Greenville, which have been dubbed the “Delta Division” of PriorityOne Mortgage. These offices will give PriorityOne Mortgage the ability to service cities and towns in the Delta region of Mississippi. Robert J. Barnes, president and CEO of PriorityOne Bank, said, “We are […] [...]

Fitch wants new financial literacy program for students

TUPELO — State Treasurer Lynn Fitch says she wants to help Mississippi young people become more comfortable with handling their finances. Fitch is pushing a computerized financial literacy program in schools across Mississippi called Treasurer’s Education About Money. “We’re doing this to get them a critical life skill they so need. It’s important that they […] [...]

Jerry Claret joins Nations Equipment Finance

by Published: August 22,2014

Tags: banking, Business, finance, Mississippi

Jerry Claret has joined Nations Equipment Finance, LLC as senior vice president-sales. Claret has over 30 years’ experience in the equipment finance industry, and prior to joining Nations served as business development manager at ENGS Commercial Finance. He previously held positions at Old Florida National Bank, Equify Financial, LLC, People’s United Equipment Finance Corp. and […] [...]

First American Title Insurance Company promotes Jim Nelson

by Published: August 22,2014

Tags: banking, Business, education, finance, Mississippi, news. newsmakers

First American Title Insurance Company has promoted Jim Nelson to vice president and deputy general counsel, operations. Most recently, Nelson served as the vice president and senior operations counsel for First American’s Direct and Agency divisions in the southwest region. In 2007, Nelson returned to First American Title following a six-year term serving as Mississippi […] [...]

Citizens Holding repurchasing up to 200K shares of common stock

PHILADELPHIA — Citizens Holding Company’s board of directors has authorized the repurchase of up to 200,000 shares of its outstanding common stock over the next 36 months. As part of the share repurchase program, shares may be purchased in open market transactions, including through block purchases, through privately negotiated transactions, or pursuant to any trading […] [...]

Community Bank names new officers

by Published: August 20,2014

Tags: banking, Business, Mississippi

  Community Bank has named new officers. Marshall J. Eleuterius has been promoted to executive vice president for Community Bank in D’ Iberville. He has over 10 years of experience in the commercial lending industry. Eleuterius, a native of Biloxi, is a graduate of William Carey College. He is also a graduate of the Mississippi […] [...]

Community Bank, Pinnacle Trust ink new agreement

BRANDON and MADISON — Community Bank has entered into an agreement with Pinnacle Trust to offer a comprehensive wealth management platform. The new service, named Community Wealth Management, will not only provide investment services but, also asset management, financial planning and trust services. “We are excited that we will be able to provide our customers […] [...]

Southern Bancorp to acquire Bank of Bolivar County

by Published: August 19,2014

Tags: Arkansas, banking, Business, finance, Mississippi

Southern Bancorp, Inc. (“Southern”), a rural-focused Community Development Financial Institution (“CDFI”) and holding company for Southern Bancorp Bank, today announced it had signed an agreement to acquire the Bank of Bolivar County, which operates two branches in the Mississippi communities of Shelby and Mound Bayou. Southern currently operates a branch in Shelby, but Mound Bayou will […] [...]

SPECIAL REPORT: Training emphasized way to double fees on loans for All American Check Cashing

by Published: August 11,2014

Tags: All American Check Cashing, banking, Business, Madison, Mississippi

Just how does a payday lender get double fees off a $200 payday loan to a borrower who is paid monthly? The answer is in an October 2012 training document prepared by Madison’s All American Check Cashing and is part of a practice that has the company in hot water with state regulators. Central to […] [...]

Peoples reverses loss, posts $335K in net earnings during quarter

BILOXI — Peoples Financial Corporation (NASDAQ Capital Market: PFBX), parent of The Peoples Bank, reported net earnings of $335,000 for the second quarter of 2014 and $914,000 for the first half of the year, announced Chevis C. Swetman, chairman and CEO of the holding company and the bank. Second quarter profits reversed a loss of […] [...]

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