Here are the top MBJ stories posted online for 2012.* 1. Greenville Mayor Chuck Jordan resigning; has late-stage cancer 2. Jackson’s Charley Hutchison believed to be one of Apple’s youngest app developers 3. Trustmark feels pain of $10 million in bad debt after Tri-State Brick’s demise 4. Greenville Mayor Chuck Jordan dies after bout with [...]
Tag Archives: Trustmark
Trustmark in deal to acquire Panhandle’s Bay Bank
November 30, 2011
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 [...]
National bankers group encouraged by bid to quash debit-fee cap
March 15, 2011
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 [...]
December 21, 2012
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