Posts Tagged ‘Trustmark National Bank’

Redevelopment underway in Delta of low-income housing

YAZOO CITY — Construction has begun on the redevelopment of Magnolia Crossing, an 86-unit housing development of single-family homes and duplexes for low-income families in Yazoo City. The Federal Home Loan Bank of Dallas (FHLB Dallas) and Bank of Yazoo provided Magnolia Crossing a $460,000 Affordable Housing Program (AHP) grant to assist with the renovations. […] [...]

Sara Harrison White

Sara Harrison White is an assistant vice president and trust officer in the Trustmark Wealth Management Personal Trust department. White received her B.A. from the University of Southern Mississippi where she was a member of the NCAA Women’s Tennis Team and was awarded Academic Excellence Among College Athletes. She received her J.D. from Mississippi College […] [...]

Trustmark wins bid to handle bonds for SportsPlex construction

GREENVILLE — The Washington County Board of Supervisors has accepted a bid from a Jackson bank to handle a $3-million bond issue to finance the construction of the first phase of the Delta Sportsplex. Trustmark National Bank offered a 3.62 percent interest rate on a 15-year repayment plan. Revenue generated from the county’s hotel tax […] [...]

Trustmark wraps up acquisition of Oxford branches from SOUTHBank

JACKSON and OXFORD — Trustmark National Bank, a subsidiary of Trustmark Corporation, has completed its previously announced purchase of two branches in Oxford from SOUTHBank, F.S.B. Gerard R. Host, president and CEO of Trustmark, said, “This transaction enables Trustmark to establish new customer relationships and provides existing Oxford customers with the added convenience of well-positioned […] [...]

Trustmark taps Foster Kennedy, Campbell Helveston as VPs

Foster Kennedy has joined Trustmark National Bank as vice president of corporate banking where he serves as a commercial relationship manager. Kennedy is a native of Jackson and currently resides in Madison.  He earned a bachelor of accountancy and a master’s of taxation from Mississippi State University.  He is a volunteer with Habitat for Humanity […] [...]

Brady made assistant VP

Kathy Brady has been promoted to assistant vice president at Trustmark National Bank in Columbus. The Commercial Dispatch reports Brady has more than eight years of experience in the financial industry. She is a mortgage loan originator. Brady earned a bachelor of science in paralegal studies from Mississippi University for Women.   [...]

Everyone thought things were running smoothly for Tri-State

Up until 2007, Hilda Henne Abbot and her siblings thought fiscal management of Tri-State Brick & Tile was running as smoothly as the millions of dollars in automated equipment installed at the Forest Avenue brickyard in the previous years. Within a year, Abbot and brother Robert Henne and sisters Linda Henne and Jodie Henne learned […] [...]

Trustmark feels pain of $10 million in bad debt after Tri-State Brick’s demise

Court documents describe the collapse of longtime Jackson company Tri-State Brick & Tile as a “Mississippi success story gone awry.” And a story in which a bank is left holding the bag — in this instance a very hefty bag. Trustmark National Bank’s foreclosure on Tri-State Brick & Tile came to a close with the […] [...]

Assessing Tri-State’s future (or lack of one)

Brick industry professional Pete Cieslak does not have a specific company in mind but says a buyer somewhere outside the South could conceivably have an interest in acquiring the defunct Tri-State Brick & Tile. It’s the kind of move that could get an outsider a foothold in the region, said Cieslak, president of the Brick […] [...]

Family fights for control of Tri-State Brick & Tile

Trustmark National Bank’s early July foreclosure of Tri State Brick & Tile left the founder’s splintered family little to fight over, but the Mississippi Supreme Court may still have to declare a symbolic winner in the years-long feud. The justices have been asked to decide whether Trustmark, as the major lender to the 66-year-old Forest […] [...]

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