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Tag Archives: Mississippi Bankers Association

Banks get reprieve from Basel III capital requirements

In a move that takes immediate pressure off of community banks in Mississippi and elsewhere in the nation, federal bank regulators say they do not expect to enact new capital requirements on Jan. 1 based on the Basel III International Accords. In a statement Friday, the Office of the Comptroller of the Currency said the delays stems from the massive ...

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Mississippi bankers make plea for scrapping Basel III

Now the waiting begins for banks across America as regulators weigh whether to enforce the international Basel III financial regulations here at home. With a comment period on the proposed regulations ending Oct. 22, the Mississippi Bankers Association joined its national counterparts in urging the Federal Reserve, the FDIC and Office of the Comptroller of the Currency to reject participation ...

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Weighing the economic risk of Basil III can be daunting

The Mississippi Business Journal recently reported on the demise of brickyards around the state, with the numbers whittled in recent years from a half-dozen to the single surviving yard in Columbus. The brickyards started dying off about the same time demand for new housing ceased. Many other once-healthy sectors of Mississippi’s economy went into decline as well when the building ...

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Mississippi still atop the list of state’s with most unbanked households

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 ...

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Trustmark, Hancock head lengthy list of state’s 5-star banks in Mississippi

More than half of the banks based in Mississippi — including two of its largest, Hancock and Trustmark — received five-star ratings in the latest assessments from Bauer Financial. The five stars signify “superior” performance and are the highest grade awarded by the independent financial analysis and reporting agency based in Coral Gables, Fla. Consistently strong performance, profitability and capital ...

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Fellows comes to association

Gordon Fellows has joined the Mississippi Bankers Association staff as vice president, government relations. His duties will include representing the association at the State Capitol, coordinating lobbying efforts and managing association events. Fellows joins the association after working in the furniture industry for six years, three of which were spent in China. A native of Tupelo, he earned a bachelor’s ...

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New MBA chairman says banking healthy in Mississippi

Admittedly an optimistic person, Greg Taylor would have positive feelings about banking in Mississippi regardless. As the new chairman of the Mississippi Bankers Association, he will lead and represent the organization for the next year. He’s chairman, president and CEO of Merchants and Farmers Bancorp, Inc. of Holly Springs and has previously served the MBA as vice president, treasurer and ...

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Ole Miss schools of business, accountancy cited among best by accrediting agency

OXFORD — AACSB International, the Association to Advance Collegiate Schools of Business, has reaffirmed the standing of the University of Mississippi’s School of Business Administration and Patterson School of Accountancy as being among the world’s best. Both schools were reaccredited by AACSB for another cycle. For this academic year, 56 schools maintained their accreditation in business, and 24 sustained their ...

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Sims earns promotion

Tony Sims has been promoted to senior vice president and director of marketing for Community Bancshares Inc., the holding company for Community Banks. Active in the banking community, Sims serves on the Communications Council for the Mississippi Bankers Association and as a County Chairman for Mississippi Young Bankers. He is also a member of the 2012 class of MEC Leadership ...

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