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Banking & Finance

Regions Bank: SBA loans have a number of distinct advantages

By BECKY GILLETTE One of the best methods for financing a new business or business expansion is an SBA loan. Many people, particularly those new to business, might not understand how many benefits there are to this option. “SBA loans benefit Mississippi small businesses by providing what are typically more flexible payment terms,” said Regions Bank Metro Jackson Market Executive ...

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Renasant posts $37.4 millon in third-quarter earnings

TUPELO • Renasant Corp., the parent company of Renasant Bank, reported third-quarter net income of $37.4 million, or 64 cents per share. That compares to $32 million, or 61 cents per share, a year ago. Renasant’s revenue for the third quarter was $146.78 million, an increase of 6.7 percent. Net income for the first nine months of the year was $129.2 ...

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BancorpSouth earns $63.8 million during third quarter

TUPELO • BancorpSouth Bank reported earnings for the third quarter of $63.8 million, or 63 cents a share. That compares to net income net income of $66.7 million, or 67 cents per share for the third quarter of 2018. For the quarter, the Tupelo-based bank had revenue off $242.03 million, a 13.2% increase compared to a year ago. Although earnings were ...

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Cade Junkin hired at Community Bank

Cade Junkin, a native of Indianola, has joined Community Bank’s Indianola office. Junkin will be a part of the Management Trainee program, which is designed to equip trainees with a basic knowledge of all aspects of banking, as well as, the opportunity to learn alongside experienced Community Bankers. Junkin, a 2015 graduate of Indianola Academy, completed his Bachelor of Accountancy ...

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Keesler Federal promotes Joanna Calhoun

Keesler Federal Credit Union has promoted Joanna Calhoun to Director of Branch Operations, Central Region. In her new role Calhoun will oversee operations at nine Keesler Federal branches, in a geographic region that runs from Long Beach to Ocean Springs and north to Wiggins. She has worked as a regional manager supervising the credit union’s branches in Gulfport and Long ...

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Houston promoted at BankPlus

Jessica Houston was promoted to Bank Officer & Customer Relationship Manager in Private Client for BankPlus. A native of Pickens, Houston has been with BankPlus for nine years having worked previously in the Madison Banking Center and most recently in Private Client. She holds a Bachelor’s in English from Tougaloo College and a Master’s in English from Jackson State University. ...

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Cummins promoted by BankPlus

Valerie Cummins was promoted to Assistant Vice President & CSC Quality Assurance Manager at BankPluss. Cummins is a native of Baton Rouge, La., and has been with BankPlus for 18 years. She has served in various banking roles in multiple departments including Customer Service Center, Commercial Real Estate, and Deposit Operations. Cummins and her husband, Josh, reside in Brandon with ...

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BankPlus promotes April

BankPlus promoted Denise April to Assistant Vice President & Customer Service Center Supervisor. April has been in the banking industry for 11 years. She is a native of Jackson and holds an Associate’s in Business Administration from Phillips Community College. April is on the board of the Camelia Chinn Foundation as Treasurer. She resides in Jackson and has two sons, ...

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Stocks move broadly higher on trade talk optimism

Stocks moved broadly higher in early trading Thursday as investors wait to see whether the U.S. and China make any progress in negotiations aimed at ending their ongoing trade war. The markets were encouraged by an early tweet from President Donald Trump saying that China wants to make a deal, though he did not say whether he was also willing ...

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