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Banking & Finance

Credit rater takes brighter view of Mississippi finances

One of the nation’s three main credit rating agencies is feeling a little more confident about Mississippi’s financial picture. Standard & Poor’s Financial Services on Friday removed its negative outlook on Mississippi’s debt, instead raising the outlook to stable. Mississippi remains rated AA by Standard & Poor’s. Credit ratings can influence how much the state has to pay in interest ...

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BancorpSouth promotes Telford Lindsay and Jennifer Morgan

BancorpSouth Bank recently announced the promotions of Telford Lindsay to first vice president and Jennifer Morgan to bank officer in BancorpSouth Equipment Finance and Leasing, which provides equipment financing for commercial markets and municipalities across the Southeast and parts of the Midwest. Lindsay joined BancorpSouth Equipment Finance in 2014 and most recently served as vice president. He is responsible for ...

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Renasant nearly a $13 billion bank with latest merger

By DENNIS SEID / Daily Journal TUPELO – In just three years, Renasant Corp.’s assets have more than doubled. Acquisitions have played a large role in that growth, as the parent company of Renasant Bank has merged with four other banks during that time. The most recent is its merger with BrandBank of Georgia. The $452 million deal is the ...

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Eastland has joined Community Bank

Thomas Eastland Thomas Eastland has recently joined Community Bank’s Brandon office as Vice President. Eastland, has been in banking for eight years, previously serving as Loan Officer. In his new role, Eastland will be responsible for developing and growing business in the Metro Jackson footprint with an emphasis on Real Estate/ Commercial Lending. Eastland, a native of Brandon, is a ...

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Evans joins Community Bank

Scott Evans Scott Evans has recently joined Community Bank’s Lake Harbour office as Assistant Vice President. Evans, has been in banking for almost five years previously spending eleven years in Sales Management and Business Development. In his new role, Evans will be responsible for managing the overall performance of the branch as well as lending. Evans, a native of Brandon, ...

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Graves named assistant vice president at Community Bank

Jordan Graves Jordan Graves has been named Assistant Vice President at Community Bank. A native of Hattiesburg, Mississippi, Graves recently served as Loan Officer and has been with Community Bank for three years. In his new role, Graves will continue to grow and manage a loan portfolio and deposit relationships. Graves, is a graduate of University of Southern Mississippi class ...

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Some see interest rate hikes by the Fed as a good thing

By BECKY GILLETTE Martin Palomo President Donald Trump raised eyebrows recently when he criticized the decision by the Federal Reserve (Fed) to raise interest rates for the second time this year. The Fed said it has raised interest rates to help prevent inflation. Sitting presidents have rarely commented on the actions of the Federal Reserve, which is supposed to be ...

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Rayburn pushes to create jobs across the state

By NASH NUNNERY Bill Rayburn Bill Rayburn is not known for mincing words. The former University of Mississippi professor-turned-entrepreneur isn’t afraid to share his vision for the financial business or Oxford, his adopted hometown. Rayburn, who co-founded mortgage tech leader FNC and built the company into a banking industry standard before it was sold to CoreLogic for nearly $500 million, ...

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Forbes recognizes Keesler Federal among best credit unions in America

Keesler Federal Credit Union has been ranked as one of “America’s Best In-State Credit Unions” by Forbes Magazine. In its inaugural ranking of America’s best, Keesler Federal is the only credit union in Mississippi to be recognized in the Forbes list. The ranking is based on independent surveys of customers regarding overall satisfaction, willingness to recommend and trust. Forbes conducted ...

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Amason promoted at Peoples Bank

Peoples Bank promoted veteran banker and long-time employee Connie Amason to Vice President. Connie Amason Amason, who joined Peoples Bank in 2006, began her service as a Poultry Loan Assistant, preparing loan packages and conducting cash flow analysis on prospective customer operations. Two years later, she assumed responsibilities for the bank’s Small Business Administration (SBA) loan services. She remains the ...

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