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Tag Archives: financial insitution

Deadlines approaching for disaster recovery assistance

ACROSS MISSISSIPPI — The U. S. Small Business Administration reports it has approved over $1 million in Disaster Assistance Loans for residents and businesses in South Mississippi affected by the severe storms, tornadoes and flooding Feb. 10-22. The deadline to file an SBA disaster loan application for physical damage is April 15. “Currently 15 disaster loans have been approved in ...

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Credit union now offering Kasasa accounts

RIDGELAND — Members Exchange Credit Union is now offering Kasasa, a brand of free checking and savings accounts that rewards consumers for using their account. Mitzi Tate, president/CEO at Members Exchange, said, “Kasasa delivers what research shows people really want but believe they can’t have — great financial products with the personal service of a community banking provider.” Members Exchange ...

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City extends term of tax increment financing plan for mall

SOUTHAVEN — Officials have extended the time frame of the $15-million tax increment financing plan for the proposed outlet mall in Southaven. The Commercial Appeal reports Mayor Greg Davis made clear the amount of funding was not changing, just the time period for the plan was being extended from 15 years to 20 years. Tax increment financing is a plan ...

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Bank to cut ribbon on office featuring new innovations

MADISON — Community Trust Bank will hold a grand opening this month of its Madison Banking Center on Main Street in Madison. Larry Ratzlaff, Mississippi president, Community Trust Bank, said, “Our new building incorporates innovative features that allow our employees to provide a quality service experience to our customers, which is our number one priority at Community Trust Bank. We ...

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Metropolitan Bank adds payroll card program from TransCard

RIDGELAND — Metropolitan Bank has launched a MasterCard-branded payroll card program with Chattanooga, Tenn.-based TransCard. Terms were not disclosed. “Metropolitan is excited about our new TransCard relationship, as their prepaid payroll cards fill an important gap for our commercial clients, offering them a simple, convenient alternative for their employees’ payroll,” said Brad Miller, treasury services manager, Metropolitan Bank.

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