by Ike Trotter Published: May 20,2012
Tags: banking, credit score, finance, Ike Trotter
One of the financial necessities required in today’s world is good credit. It can make a huge difference when you’re trying to pass muster with a landlord, a lender or even a potential employer. On a numeric grading system, it helps to have a credit score of 740 or better. And while the medium credit [...] [...]
by Associated Press Published: May 18,2012
Tags: banking, Banks, chair, chairmanship, chamber of commerce, chirman, community development, economic development, finance, financial institutions
JACKSON — Jerry Host, president and CEO of Trustmark Corporation and Trustmark National Bank in Jackson, has been elected chairman of the Mississippi Economic Council for the coming year. Host served as MEC’s treasurer from 2008-2010. He joined Trustmark’s Investment Department in 1984 and since then has worked in a variety of positions for the [...] [...]
by MBJ Staff Published: May 16,2012
Tags: banking, Banks, disaster recovery, disasters, drought, dry, federal agency, financial institutions, heat, loans, losses, natural disasters, severe weather, small businesses, Weather
ACROSS MISSISSIPPI — The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that June 14 is the filing deadline for federal economic injury disaster loans available in Mississippi as a result of the drought and excessive heat that occurred [...] [...]
by MBJ Staff Published: May 15,2012
Tags: bonds, corrections, debt, debt ratings, investing, investments, investors, jails, prisons, ratings
MARSHALL COUNTY and WILKINSON COUNTY — Fitch Ratings has withdrawn its ratings on the following bonds due to pre-refunding activity: • Mississippi Development Bank (MS) (MSLoan Prog-Mississippi Department of Corrections-Marshall County Correctional Facility Refunding Proj) general obligation special obligation bonds series 2008C (all maturities); and • Mississippi Development Bank (MS) (MSLoan Program-Mississippi Department of Corrections [...] [...]
by MBJ Staff Published: May 14,2012
Tags: banking, Banks, ceremonies, construction, expansion, finance, financial institutions, groundbreaking, offices
FLOWOOD and MADISON — Community Trust Bank will break ground on two new banking centers in May. Located in Flowood and Madison, these centers are slated to open in the fourth quarter of 2012. The new Flowood Banking Center groundbreaking will be held May 22 at 203 Promenade Boulevard. The new Madison Banking Center groundbreaking [...] [...]
by Associated Press Published: May 11,2012
Tags: Aubrey Patterson, BancorpSouth, Mississippi, Mississippi Business Journal
TUPELO — Aubrey Patterson will retire from his post as chairman and CEO of BancorpSouth Inc. in 2013, the regional bank says. In a Thursday release, Patterson said he expected to retire around the time of the company’s annual meeting in April 2013. >> A Q&A with Aubrey Patterson >> BancorpSouth reaches 2-year high on [...] [...]
by Associated Press Published: May 9,2012
Tags: Community Bank, Jennifer White, Mississippi, Mississippi Business Journal
JACKSON — A former bank employee is scheduled for sentencing July 12 after pleaded guilty to stealing money from her employer. The federal indictment in the case says Jennifer White worked at Community Bank in Brandon and orchestrated the schemed from August 2010 to August 2011. She’s charged with transferring money from the banks insufficient [...] [...]
by Contributing Columnist Published: May 6,2012
Tags: estate taxes, federal income taxes, financial planning, Health Care Act, HORNE LLP, Medicare, personal finance, Stan Purvis, wealth advisors
By Stan Purvis The ongoing public policy debate on federal income and estate taxes has increased investor concerns. Investors are concerned about the uncertainty of new tax laws and the impact the tax increases will have on their lives and family. The ballooning federal annual deficit and federal debt and how to best deal with [...] [...]
by Associated Press Published: May 4,2012
Tags: banking, Banks, deposits, expansion, financial institutions, loans, money
TUPELO — Renasant Corp. is entering the banking market in east Tennessee. Renasant says the new bank should open in Maryville, Tenn., a suburb of Knoxville, by the end of May. Renasant says in a statement that this is the eighth expansion by the bank in the past year and a half. Renasant is the [...] [...]
by MBJ Staff Published: May 2,2012
Tags: acquisition, casinos, Conventions, credit, financing, gambling, gaming, hospitality, lodging, meetings, mergers, purchase, restaurants, tourism, tourists, visitors
BAY ST. LOUIS — Las Vegas, Nev.-based Full House Resorts reports it has obtained financing commitments for new credit facilities totaling $75 million to fund the company’s acquisition of the Silver Slipper Casino. The financing will consist of a $55 million first lien credit facility and a $20 million second lien facility. Capital One N.A. [...] [...]
Loading ...
