Tag Archives: Federal Reserve

Extension Service offering financial literacy workshop

September 19, 2013

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One of the needs many point to in Mississippi to improve quality of life here in the state in financial literacy, and a program offered through the Mississippi State University Extension Service is looking to address that issue. Extension is offering its Dollars and Sense 2013: Financial Education for the Classroom workshop to anyone who […]

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Fed sees moderate increase in regional economic activity

October 15, 2012

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The Fed is reporting modest gains in regional as well as nationwide economic activity. U.S. economic activity has expanded over the last four months, though spending is reported to be flat or up only slightly, the Federal Reserve said in its Beige Book report issued Oct. 10. Manufacturing sectors activity was mixed but, on balance, […]

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Hancock CEO Tapped for Federal Reserve Board

December 23, 2011

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Hancock Holding Company president and CEO Carl J. Chaney has been appointed to the board of directors for the New Orleans office of the Federal Reserve Bank of Atlanta, according to a morning news release. The three-year term is effective January 1. The board of directors will provide economic information from their region to the […]

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What next for banks after failed debit fee experiment?

November 13, 2011

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Dead in a near blink of an eye. That’s how history will chronicle the big idea banks had for ginning up revenue through a monthly fee to customers for debit-card transactions. Perhaps you can blame awful timing. Parks in cities across the nation began filling up with protests against Wall Street and the banking system […]

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‘Modest’, ‘subdued’ economic activity for Mississippi regions

September 25, 2011

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Overall lending at a sample of large banks increased modestly through August within the Federal Reserve’s St. Louis District, which includes northern Mississippi, reports the Fed’s Beige Book, a tracking of economic activity released by each of the 12 Fed district s on Sept. 7. The new report details economic activity for the three-month period […]

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Fed greenlights Cadence acquisition; March 1 closing set

February 15, 2011

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By Ted Carter Having gained Federal Reserve approval Tuesday, Starkville-based Cadence Financial Corp. says it expects its acquisition by Community Bancorp LLC to be completed by March 1. The Fed approval marked the last regulatory hurdle for the takeover of Cadence, said John Boydston, director of marketing. “This completes all of the regulatory requirements for […]

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