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Tag Archives: finance

MURRAY HARBER: Business leaders discuss employer health, health care reform

E mployer health costs continue to rise year after year causing it to be larger line item and concern as the costs are affecting the bottom line. Health systems and providers are also seeing increase costs due to medical inflation and the requirement of the Patient Protection & Affordable Care Act (PPACA). All players in the US health system including ...

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Wesley Health Systems Federal Credit Union to merge with Keesler Federal Credit Union

BILOXI –  Wesley Health Systems Federal Credit Union, located in Hattiesburg, will merge with Keesler Federal Credit Union on Feb. 28, 2015.  First chartered in 1968 to serve employees of the former Methodist Hospital, Wesley FCU now serves all of Forrest County and select employee groups in Forrest, Lamar and Marion Counties. Wesley FCU will assume the name of Keesler ...

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BankPlus recognized for alternative program to payday lending

RIDGELAND — BankPlus and City First Enterprises of Washington, D.C., are the winners of the inaugural Empowerment Awards, which recognize promising projects that provide or encourage access to safe, fair financial services in underserved communities. BankPlus won in the Community Development Banking category for its innovative alternative to payday lending, and City First won in the Access category for its ...

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Citizens Holding offering increased quarterly dividend

PHILADELPHIA — Citizens Holding Company’s board of directors has declared a cash dividend of $0.23 per share payable Dec. 31 to shareholders of record as of Dec. 15. “Today I am announcing our fourth quarter 2014 dividend of $0.23 per share,” said Greg L. McKee, president and CEO. “This is an increase of $0.01 per share to $0.23 per share ...

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Experian: State's auto-loan delinquency rates at or near top in nation

ACROSS MISSISSIPPI — A survey by Experian Automotive finds that 30- and 60-day automotive-loan delinquencies were up in the third quarter of 2014, and Mississippi is first and second, respectively, in both categories. According to its latest State of the Automotive Finance Market report, 30-day delinquencies grew 3.7 percent from the previous year. Similarly, 60-day delinquencies jumped 8.6 percent during ...

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BancorpSouth opens office in Austin, Texas

TUPELO — BancorpSouth Bank, subsidiary of BancorpSouth Inc. has opened a loan production office at 11612 Bee Caves Road in Austin, Texas, providing a broad range of financial services to the Austin metropolitan area. “The Austin, Texas MSA consistently ranks at or near the top of almost all statistical publications regarding economic drivers and activity,” said BancorpSouth chairman and CEO ...

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Pickering to look over Singing River's finances

PASCAGOULA — The state auditor’s office is going to review the finances of Singing River Health System. State Auditor Stacey Pickering says in a statement that his office was taking up the task at the request of the hospital management company and the Jackson County Board of Supervisors. What that financial review will entail hasn’t been worked out yet. Singing ...

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Hairston named CEO/president of Hancock Holding

GULFPORT — Hancock Holding Company has announced that John M. Hairston has been named the company’s chief executive officer and president. Hairston served as CEO and chief operating officer for the parent of Hancock Bank. He succeeds Carl J. Chaney, who retired effective Friday. Hairston had been CEO/COO in 2008. He has served as an officer with the company since ...

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BauerFinancial gives Hancock five stars for 100th consecutive quarter

GULFPORT — BauerFinancial Inc. has again awarded a 5-Star Superior rating to Hancock Bank. That recommendation (Bauer’s highest rating) affirms the bank as one of America’s strongest, safest financial institutions for the 100th consecutive quarter — 25 years in a row. BauerFinancial awarded its 5-Star rating to Hancock based on the company’s capital, asset quality, profitability, proactive risk management and ...

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