Posts Tagged ‘financial institution’

BancorpSouth buying Texas bank in stock/cash deal

TUPELO — BancorpSouth will acquire Central Community Corp., the parent of Austin-based First State Bank Central Texas, pushing the bank much deeper into the competitive Texas banking market. BancorpSouth said yesterday that it is offering Central Community stockholders shares of its own stock worth $182.3 million, plus $28.5 million in cash. If Central Community shareholders […] [...]

Ex-contractor to be sentenced for bank fraud this month

SOUTHAVEN — Sentencing for James M. Harris, a former contractor with the city of Southaven who pleaded guilty last year to a federal bank fraud charge, is scheduled for Jan. 29 in Aberdeen. The Commercial Appeal reports the 54-year-old Harris pleaded guilty on Sept. 12 to one count of loan and credit application fraud in […] [...]

B&K shareholders agree to merger with Home Bancorp

NATCHEZ — Shareholders of Britton & Koontz Capital Corporation, the parent company of Britton & Koontz Bank, N.A., have approved the merger of the company with and into Home Bancorp Inc. Terms were not disclosed. W. Page Ogden, president and CEO of B&K Capital, said, “We are pleased that our shareholders have overwhelmingly approved the […] [...]

BancorpSouth merging with La. bank in stock/cash deal

TUPELO — BancorpSouth Inc. has signed a definitive merger agreement with Ouachita Bancshares Corp. and its wholly owned subsidiary, Ouachita Independent Bank (OIB) headquartered in Monroe, La., whereby Ouachita Bancshares Corp. will be merged with and into BancorpSouth, Inc. OIB operates 12 full-service banking offices; six in the Monroe-West Monroe, La., area, four in the […] [...]

Delta mayor indicted for false pretense, wire fraud

ROLLING FORK — The mayor of a small town in the Mississippi Delta has been indicted on false pretense and wire fraud charges related to his construction company’s invoices for grants to rehabilitate houses, according to court records. A Sharkey County grand jury charged Rolling Fork Mayor Eldridge “Butch” Walker in two separate indictments Monday, […] [...]

Hancock Holding introduces new small cap fund

GULFPORT — Hancock Holding Company has launched the Hancock Horizon U.S. Small Cap Fund as a new addition to the company’s $2-billion family of mutual funds. The fund offers investors exposure to a diverse portfolio of small cap stocks and is managed by the same team that oversees the 5-star Morningstar-rated Burkenroad Small Cap Fund. […] [...]

Hood reports scam targeting credit unions

JACKSON — Attorney General Jim Hood says con artists using an automated phone scam have been targeting credit unions and their clients in Mississippi. A news release from Hood says the scam involves text messages touting a fake “Credit Union 24 Hour Alert.” The messages state that the recipient’s “card has been suspended” and they […] [...]

Hood files lawsuit against Chase for collection activities

JACKSON — Attorney General Jim Hood has filed a lawsuit in Hinds County saying JPMorgan Chase should pay up to $10,000 per violation for fraudulently trying to collect debts from Mississippians who did not owe the company money. Hood said in a written statement that a state investigation found that Chase pursued Mississippi consumers for […] [...]

SBA approves new Community Advantage lender

GULFPORT – The U.S. Small Business Administration (SBA) has approved Gulf Coast Renaissance Corporation (GCRC) as a lender in the Community Advantage Loan program. “This will provide the much needed financing to small businesses in underserved communities in Mississippi to help in their development and growth,” said Janita R. Stewart, district director of the SBA […] [...]

M&F branches to close as Renasant wraps up merger

TUPELO — The last six of nine planned branch closures will be completed by Monday as Renasant Bank’s merger with M&F Bank is finalized. Tomorrow, three former M&F Bank locations in Tupelo will close for good. Three remaining branches in Kosciusko, Southaven and Birmingham, Ala., will close on Monday. All are former M&F Bank locations […] [...]

« Previous Page 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