Tag Archives: Jerry Host

Trustmark in deal to acquire Panhandle’s Bay Bank

November 30, 2011

0 Comments

In a move that will return Jackson-based Trustmark Corp. to the scene of some its biggest commercial real estate loan troubles, the regional bank has signed a definitive agreement to acquire Bay Bank & Trust Co. of Panama City in a $22 million transaction. Trustmark CEO Jerry Host said the acquisition of the 76-year-old, $247 […]

Continue reading...

National bankers group encouraged by bid to quash debit-fee cap

March 15, 2011

0 Comments

By Ted Carter The American Bankers Association says legislation introduced in the Senate Tuesday gives it hope that banks can avoid a pending cut in the fees they receive from merchants on debit card transactions. The so-called Durbin amendment, named after sponsor Sen. Dick Durbin of Illinois, mandates the Federal Reserve’s Board of Governors put […]

Continue reading...