Posts Tagged ‘Mississippi Bankers Association’

Parrott chairing committee

Adams and Reese partner and Banking and Finance Team leader Charles Parrott has been appointed to serve as chairman of the Bank Attorneys’ Committee for the Mississippi Bankers Association, serving a one-year term expiring mid-year in 2015. Parrott has served as the Adams and Reese Banking and Finance Team leader since 2004, and he was […] [...]

Banks say credit unions have unfair advantage

ACROSS MISSISSIPPI — For decades, not-for-profit credit unions have enjoyed tax-exempt status as they emerged as legitimate contenders to banks, gaining new customers, especially as the recession caused many banks to tighten their lending policies. The banking industry says credit unions now enjoy an unfair competitive advantage as they broaden their services while not being […] [...]

Cadence CEO: Possible IPO could raise capital

A resurrected Cadence Bank, formerly headquartered in Starkville but now operating out of Birmingham, Ala., is pausing for some introspection after a couple years of rapid growth throughout a multi-state region. The period of internal focus could lead the privately held $5.7-billion banking company to decide to go public, a move that would return the […] [...]

Banking leader has youth, experience

Of course the president of the Young Bankers section of the Mississippi Bankers Association is a young banker, but the organization’s new president, Matt McCraw, 36, already has quite a bit of banking experience, too. That’s because he began his banking career while he was a student at the University of Mississippi. That banking start […] [...]

Looking for a bright future for people of Mississippi

From Will Loftin’s perspective as senior vice president and consumer banking executive for Regions Bank, the future looks bright for Mississippi. Loftin is responsible for consumer banking operations in the central and southern parts of Mississippi, representing 80 branches and more than 600 employees. Statewide, Regions has more than 146 branches and over 1,600 employees. […] [...]

Strong reaction from community banks cited for Basel III delay

In a move that takes immediate pressure off of community banks in Mississippi and elsewhere in the nation, federal bank regulators say they do not expect to enact new capital requirements on Jan. 1 based on the Basel III International Accords. The Office of the Comptroller of the Currency said in a Nov. 9 statement […] [...]

Mississippi bankers make plea for scrapping Basel III

Now the waiting begins for banks across America as regulators weigh whether to enforce the international Basel III financial regulations here at home. With a comment period on the proposed regulations ending Oct. 22, the Mississippi Bankers Association joined its national counterparts in urging the Federal Reserve, the FDIC and Office of the Comptroller of […] [...]

Weighing the economic risk of Basil III can be daunting

The Mississippi Business Journal recently reported on the demise of brickyards around the state, with the numbers whittled in recent years from a half-dozen to the single surviving yard in Columbus. The brickyards started dying off about the same time demand for new housing ceased. Many other once-healthy sectors of Mississippi’s economy went into decline […] [...]

Mississippi still atop the list of state’s with most unbanked households

Mississippi has retained its distinction as the state with the highest percentage of households without checking accounts or other banking services, a survey released earlier this month by the Federal Deposit Insurance Corp. shows. The survey conducted in 2011 found that 15.1 percent of Mississippi households are “unbanked.” Though the 15.1 percent is higher than […] [...]

September 24, 2012- Chuck McIntosh

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