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Banking & Finance

Brown named loan officer at Community Bank

Peyton Brown has recently been named Loan Officer. A native of Brandon, Mississippi, Brown has been a part of the Community Bank family for almost a year. He most recently served as a Credit Analyst. Brown, is a graduate of Mississippi College with a Bachelor of Business Administration in Finance. In his new role, Brown will focus on growing loans ...

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COMMERCIAL FINANCE 701 — The new federal banking sheriffs

On May 24, 2018, 489 days after his inauguration, President Donald Trump finally succeeded in placing appointees at the helms of the four major federal banking regulators.  The prospective immediate and longer term changes to be brought about by these new federal banking sheriffs bode well for banks, commercial lenders, and developers. BACK DROP: Barack, Elizabeth & Donald During the ...

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Change is theme of 130th Mississippi Bankers Association Convention

By BECKY GILLETTE A lot has changed in the banking world since the Mississippi Bankers Association (MBA) held its first convention 130 years ago. The theme of the recent 130th annual convention of the MBA held at Sandestin Resort in Destin, Fla., May 9 to May 12 was “Changes in Latitude, Changes in Attitude” reflecting the many significant changes and ...

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Trustmark promotes Allen Hart to senior vice president

Trustmark is pleased to announce the promotion of Allen Hart to Senior Vice President at its corporate headquarters in Jackson, where she serves as Underwriting Manager. Allen has 34 years of banking experience and is a graduate of the Mississippi School of Banking. She earned a Master’s degree and a Bachelor’s degree from the University of Mississippi. Allen is active ...

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Mitchener joins BankFirst Financial Services

BankFirst Financial Services recently announced the addition of Grady W. Mitchener as Senior Vice President and Commercial Relationship Manager for the Golden Triangle area. Grady, a Columbus native, has 34 years of banking and lending experience. Mitchener earned a Bachelor of Science degree in business management from Mississippi State University. He is also a graduate of the Mississippi School of ...

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MSU alum Russell joins Nashville firm

Argent Trust Company recently announced that David Russell has joined its Nashville office as vice president and trust officer. Russell, who earned a bachelor’s in banking and finance at Mississippi State University, has more than 34 years in the wealth management industry. Russell is a planned giving specialist, certified financial planner and certified senior advisor. Before joining Argent, Russell served ...

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Rural Lending Co-op hires new credit analyst in Ridgeland office

Southern AgCredit, ACA, a rural lending cooperative, recently hired Melanie Lien as a credit analyst in its Ridgeland administrative office. Lien joins Southern AgCredit with one year’s experience in the finance department of the Madison County School District. Previously, she worked for five years in credit/underwriting at a bank. Lien holds a bachelor’s degree in accounting from Mississippi College. Originally ...

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Feds and Mississippi fight over who should clean up fraud

The U.S. Securities and Exchange Commission and Mississippi’s secretary of state are fighting over who should collect assets and repay victims of a $100 million-plus fraud. Arthur Lamar Adams pleaded guilty last week to one count of wire fraud. Authorities say the 58-year-old Jackson resident persuaded investors to loan him money, promising interest rates of 12 percent to 15 percent ...

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