TUPELO — Regional bank Renasant Corp. says profit in 2013’s fourth quarter rose 80 percent in the second period following its takeover of First M&F Corp. Renasant posted quarterly profit yesterday of $13.6 million, or 43 cents per share. That’s up from $7.6 million, or 30 cents per share, in 2013’s first quarter. Because that earlier period was before the ...Read More »
Tag Archives: Federal Deposit Insurance Corp.
Mississippi has retained its distinction as the state with the highest percentage of households without checking accounts or other banking services, a survey released earlier this month by the Federal Deposit Insurance Corp. shows. The survey conducted in 2011 found that 15.1 percent of Mississippi households are “unbanked.” Though the 15.1 percent is higher than all other states, it marks ...Read More »