Posts Tagged ‘financial institution’

South Mississippi woman pleads guilty to bank, wire fraud

PICAYUNE — A Picayune woman has pleaded guilty in connection with a fraud scheme in New Orleans. U.S. Attorney Kenneth Polite’s office says 50-year-old Kim Parish entered the plea yesterday to charges of bank fraud and wire fraud. Prosecutors said Parish worked as an accountant for a New Orleans information technology services business, which she […] [...]

BancorpSouth moves Houston office into Friendswood facility

TUPELO — BancorpSouth Bank has opened a loan production office in the Houston, Texas, suburb city of Friendswood. BancorpSouth initially opened an office in temporary office space just over five months ago in a Southwest Houston location. The office recently moved to its new location at 699 South Friendswood Drive, Suite 107. The move enhances […] [...]

Hancock Bank to celebrate its 115th year in operation

GULFPORT — At the turn of the 20th century, 19 South Mississippians envisioned a bank committed to helping local people succeed. So, with $10,000 in capital and a business plan built on core values, they opened Hancock Bank. On Oct. 9, Hancock Bank will celebrate 115 years of serving the Coast with festivities in Lighthouse […] [...]

BancorpSouth expands Tennessee footprint with Chattanooga office

TUPELO — BancorpSouth Bank, subsidiary of BancorpSouth Inc., has opened a loan production office in Chattanooga, Tennessee, expanding the bank’s presence into Southeast Tennessee. BancorpSouth’s loan production office is located in downtown Chattanooga at 631 Broad Street and features a team of local lending and support professionals. The office is part of BancorpSouth’s Tennessee Metro […] [...]

Fitch Ratings gives Trustmark a ‘stable’ outlook

JACKSON — Fitch Ratings has affirmed Trustmark Corp.’s (TRMK) ratings at “BBB+”/”F2”. The rating outlook remains “stable”. Fitch wrote: “TRMK’s ‘BBB+’ ratings reflect its good asset quality and the leading market share in TRMK’s home state of Mississippi and growing market share in other parts of the southeastern U.S. Furthermore, Fitch positively views the company’s […] [...]

BancorpSouth opens another office in Texas

TUPELO — BancorpSouth Bank, subsidiary of BancorpSouth Inc., has opened a loan production office in Sugar Land, Texas. BancorpSouth’s new office is located at 8410 Highway 90A, Suite 100 in Sugar Land. BancorpSouth Bank currently operates 19 full-service banking locations in East Texas with almost $1 billion in net loans and more than $800 million […] [...]

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 […] [...]

BancorpSouth adding to Louisiana footprint with loan production office

TUPELO — BancorpSouth Bank, subsidiary of BancorpSouth Inc., has opened a loan production office in Lake Charles, Louisiana, expanding the bank’s footprint in Southwest Louisiana. BancorpSouth’s Lake Charles office is located at 4660 Lake Street and provides commercial, real estate construction, and residential mortgage lending, together with a range of related banking services. Russell Pawlowski, […] [...]

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, 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 […] [...]

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