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Tag Archives: banker

Bagley succeeding Kelley as president/COO of BancorpSouth

One of Mississippi’s banks has a new president. The board of directors of BancorpSouth Inc. has selected Chris A. Bagley as the next president and COO of BancorpSouth Inc. and BancorpSouth Bank. Bagley will succeed James V. Kelley upon his previously announced retirement on Aug. 15. Bagley, who joined BancorpSouth earlier this year as an executive vice president, was previously ...

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End of an era — Patterson retiring from BancorpSouth board

One of Mississippi’s iconic bankers is finally calling it quits after more than 40 years of service. Aubrey Patterson, chairman of the board of directors of BancorpSouth Inc. will retire upon the expiration of his current term. Patterson will serve as a chairman emeritus following the expiration of his term. Patterson served BancorpSouth as president and COO from 1983 to ...

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Owens passes IHL gavel to Patterson

Former banker Aubrey Patterson is now the president of the Board of Trustees of State Institutions of Higher Learning. Bob Owens passed the gavel to Patterson at a recent board meeting held in Jackson. Patterson will officially take office on Feb. 1. “I look forward to continuing to work toward our goal of increasing educational attainment in Mississippi with my ...

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Sentencing hearing set for ex-office manager

CLINTON — A federal judge has scheduled a Jan. 14 sentencing hearing for a Clinton woman who pleaded guilty to bank fraud and tax evasion. Federal authorities say in a news release that 60-year-old Barbara Cummings pleaded guilty last week in U.S. District Court in Jackson. A federal grand jury returned a five-count indictment against Cummings in January, charging her ...

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Ex-teller gets eight years for stealing $200K-plus

WIGGINS — A former lead bank teller has been ordered to prison for eight years and must pay restitution of $201,000 for embezzling from the Bank of Wiggins. The Sun Herald reports Circuit Judge Larry Bourgeois sentenced 38-yeaer-old Veronica Morse yesterday to 20 years and suspended 12, leaving eight to serve followed by five years of probation. Prosecutors say Morse ...

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Ex-teller pleads guilty to stealing more than $200K

WIGGINS — The former lead teller of the Bank of Wiggins has admitted embezzling more than $200,000. The Sun Herald reports 38-year-old Veronica Morse pleaded guilty yesterday before Judge Larry Bourgeois in Stone County Circuit Court. Bourgeois ordered Morse returned to jail pending sentencing on Thursday. Bank employees began noticing suspicious activity in late 2012. Morse was charged with skimming ...

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Bank employee arrested for embezzlement; faces up to 10 years in prison

COLUMBUS — An Oktibbeha County bank employee has been arrested for embezzling from her employer, according to Attorney General Jim Hood. Ashley Smith, 28, of Columbus, was arrested by investigators with the Attorney General’s Public Integrity Division following indictment by an Oktibbeha County grand jury on one count of embezzlement.  The indictment charges Smith with embezzling over $30,000 while working ...

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BankFirst moves corporate headquarters during 125th anniversary

COLUMBUS — In its 125th year, BankFirst Financial Services has moved its corporate headquarters to Main Street in Columbus. The bank’s operations center will remain in Macon. BankFirst president and CEO Moak Griffin said, “A home base that’s more centralized and accessible to most of our branches enhances our efficiency, enabling us to serve our patrons better.” BankFirst also welcomes ...

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Trustmark gets earnings boost from BancTrust takeover

JACKSON — Regional bank Trustmark Corp. says profit in 2013’s second quarter rose 6 percent from the same three months of 2012, fueled by gains from its takeover of the former BancTrust Financial Group. Trustmark posted quarterly profit of $31.1 million or 46 cents per share yesterday. That’s up from $29.3 million or 45 cents per share in 2012’s second ...

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Real estate developer gets 10 days in prison for bank fraud

OXFORD — DeSoto County developer Chuck Roberts will serve 10 days in a federal prison in September for his role in a bank fraud scheme involving a Southaven subdivision his company was planning to build. The Commercial Appeal reports the 46-year-old Roberts said during yesterday’s sentencing hearing in U.S. District Court in Oxford that his actions were not indicative of ...

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