Home » Tag Archives: Community Bancshares

Tag Archives: Community Bancshares

HOLDING IT ALL TOGETHER — Keeping companies’ banks united provides advantages for large and small

Put simply, bank holding companies own one or more banks, but don’t engage in banking themselves. And although BHCs involve legal complexities and regulatory considerations, BHCs are favored by many banks because they provide more flexibility in raising capital and more liquidity for shareholders. BHCs are favored by both large and small banks. “It is a common practice,” said Tony ...

Read More »

Community Bank, Pinnacle Trust ink new agreement

BRANDON and MADISON — Community Bank has entered into an agreement with Pinnacle Trust to offer a comprehensive wealth management platform. The new service, named Community Wealth Management, will not only provide investment services but, also asset management, financial planning and trust services. “We are excited that we will be able to provide our customers with access to a full ...

Read More »

John Arledge sitting on Community board

John Arledge has joined the board of directors of Community Bancshares Inc. Arledge is currently vice president of public affairs for Entergy Mississippi. His previous professional experience includes service as deputy chief of staff for Gov. Haley Barbour. Arledge also served as the director of communications for Gov. Kirk Fordice, acting as the governor’s spokesman, head speechwriter and liaison with ...

Read More »

Weir named president/CEO

Community Bancshares Inc. has promoted Simon Weir to president and CEO of Community Bank, North Mississippi, and elected to the bank’s board of directors. He has been with Community Bank since 1998, most recently holding the title of DeSoto County Division president. This new position entails executive level management of the Community Bank offices located in Indianola, Tupelo, Amory, Southaven, ...

Read More »

Lindsey makes senior VP

Community Bancshares Inc. has promoted Cindy Lindsey to senior vice president of human resources for Community Bancshares, the holding company for Community Bank. She has been with Community Bank for the last 39 years. Throughout her career with the bank she has formally held the titles of bookkeeper, teller, loan assistant, administrative assistant to the executive vice president, executive assistant ...

Read More »

Community Bancshares takes federal funds

Other small Mississippi banks choose again not to take part in TARP Washington is considering another round of bailouts for banks that were too small or risky for the first disbursement of Troubled Asset Relief Program (TARP) funds in fall 2008. But “bailout” might not be the right word, since some banks receiving these funds are in good financial standing. ...

Read More »