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Tag Archives: Community Bank of Mississippi

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 ...

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Treasury selling preferred shares of Brandon’s Community Bank in TARP closing

  In winding down programs dating to the 2008 financial crisis, the Treasury Department is auctioning its preferred shares in Brandon-based Community Bank of Mississippi Inc. and 14 other banks that received Troubled Asset Relief Program funds. Community Bank of Mississippi, a subsidiary of Community Bancshares of Mississippi, received $52 million TARP money on Sept. 11, 2009. In exchange, it ...

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Fowler earns promotion

Jay Fowler has been promoted to assistant vice president for Community Bank of Mississippi. He has been with Community Bank since 2011 starting as an assistant in the SBA Department and most recently as a loan officer in the Old Canton Road Office. Fowler is a graduate of Mississippi State University earning a degree in management of construction and land ...

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