Posts Tagged ‘banking’

‘Branch rationalization’ guiding Hancock, Regions branching strategies

Fresh off of closing more than two dozen branches and selling a handful of others in its five-state market, Hancock Bank is back in the branching business with the opening of  a full service location in West Hattiesburg. The 5,300-square-foot Oak Grove branch at 12 Newtowne Loop is among several branches and financial centers the […] [...]

HOPE Federal busy filling gaps left by bank branch closings

by Published: July 10,2014

Tags: banking, Business, finance, HOPE Federal, Mississippi, Regions Bank

Mississippi banks have left Bill Bynum and the HOPE Federal Credit Union he runs plenty of opportunity to grow Hope’s branching business. But he’d rather they wouldn’t. Bank branch closings at the start of the financial services sector collapse in 2008 through the past few years of recovery greatly increased the challenge of reversing the […] [...]

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, […] [...]

Regions creates General Bank, Corporate Bank

BIRMINGHAM, Ala. — Regions Financial Corp. (NYSE:RF) has realigned its business units and geographical leadership, creating a General Bank, which consists of the businesses that serve retail, wealth management, and small business customers, and a Corporate Bank, which consists of the businesses that serve middle-market and larger commercial clients. John Owen, head of business lines, […] [...]

MARK BLACKWELL — Is the market rigged?

by Published: June 6,2014

Tags: banking, Business, column, finance, Mississippi

By Mark Blackwell I’ve been asked this question more this year than in my past twenty five years in the financial services industry. Presumably, the question arises because of Michael Lewis’ book Flash Boys, in which he makes the claim that the stock market is, in fact, rigged. His premise is that trading technology has […] [...]

BCB shareholders approve proposed merger with The First

HATTIESBURG — BCB Holding Company Inc. shareholders have approved the previously announced merger of BCB with and into The First Bancshares Inc., holding company for The First, A National Banking Association. Concurrently, BCB’s wholly-owned subsidiary, Bay Bank, an Alabama banking corporation, will be merged with and into The First, A National Banking Association. In addition, […] [...]

Bankers’ INTEREST means NO INTEREST for Habitat for Humanity

IN 28 YEARS, Habitat for Humanity Mississippi Capital Area has built 590 homes and rehabilitated and/or weatherized more than 155 homes, making it the largest single-family housing developer in Jackson and one of the top Habitat affiliates in the nation. The goal is to help low to moderate income families attain home ownership which in […] [...]

Members of Nigerian ‘Yahoo Boys’ arrested for identity theft

GULFPORT — Sixteen people from several states and other countries have been arrested on charges that they took part in a fraud that used stolen information to get money and goods and then ship them to South Africa and Nigeria, according to documents unsealed in federal court yesterday. The charges by the U.S. Attorney’s office […] [...]

Banking Department looking for new home in metro area

by Published: May 2,2014

Tags: banking, Business, Downtown Jackson, finance, Mississippi

Downtown Jackson could lose a state agency with the pending move of the Mississippi Department of Banking & Consumer Finance from the Woolfolk Building next store to the capital. Banking Commissioner Jerry Wilson said the agency is willing to remain downtown if a suitable space of around 12,000 square feet and 85 parking spaces is […] [...]

Bradley G. Clark promoted by Community Bank in Ellisville

by Published: May 1,2014

Tags: banking, Business, finance, Mississippi, Newsmakers

Bradley G. Clark has been promoted to senior vice president for Community Bank in Ellisville. He joined Community Bank in 2009, and will now support the Ellisville location as office manager. Clark specializes in consumer, commercial and poultry lending. Clark is a 2005 graduate of the University of Southern Mississippi, earning a degree in accounting. […] [...]

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