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Banking & Finance

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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Keesler Federal promotes Ben Donald

Keesler Federal Credit Union has promoted Ben Donald to Director of Retail Operations, Northern Region. In his new position, Donald will oversee operations for Keesler Federal branches stretching from Hattiesburg to Madison. The Northern Regional includes three branches in Hattiesburg and five in the greater Jackson area, three which have opened in the last year. Donald previously served as a ...

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Citizens Holding Company completes merger with Charter Bank

Citizens Holding Company, the parent company of The Citizens Bank of Philadelphia announced today that it has completed its merger with Charter Bank, effective October 1, 2019. The combined company now has approximately $1.2 billion in total assets with 28 offices spread throughout Mississippi. “We are excited to have completed our merger with Charter Bank. This merger expands our presence ...

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Babel Street doubles size as it tags Starkville its ‘ideas’

By TED CARTER Nearly 50 years after Coca-Cola sought to teach the world to sing in perfect harmony, Starkville data tech company Babel Street Inc. is out to fulfill an equally ambitious goal. Babel Street wants to help the world make sense of the 2.5 quintillion bytes of data it produces each day and will employ all of the world’s ...

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BankPlus Corp. announces acquisition of State Capital Corp.

BankPlus Corp., the parent  of BankPlus, and State Capital Corp., the parent of State Bank & Trust Company have announced the signing of a definitive agreement under which BankPlus and State Capital will merge. Subject to the terms of the merger agreement, State Capital shareholders will receive shares of BancPlus’ common stock for each outstanding share of State Capital common ...

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BancorpSouth Bank to Acquire Texas First Bancshares, Inc.

BancorpSouth Bank announced today the signing of a definitive merger agreement with Texas First Bancshares, Inc., the parent company of Texas First State Bank (collectively referred to as “Texas First”), pursuant to which Texas First will be merged with and into BancorpSouth. Texas First, which was founded in 1906 in Riesel, Texas, operates six full-service banking offices in the Waco, ...

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Tolleson promoted to Chief Financial Officer at Peoples Bank

Peoples Bank announced that Michael Tolleson has been promoted to Chief Financial Officer. In his new capacity, Tolleson will manage the financial strategies and controls of the bank. He will also continue to oversee the bank’s activities as a Certified Development Financial Institution. Tolleson earned his Bachelors degree from Mississippi College in 1994 and completed studies at the Graduate School ...

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Dunn named Senior Lending Officer at Peoples Bank

Peoples Bank announced that Christopher Dunn has been promoted to Senior Lending Officer. In his new role, Dunn will focus on mentoring and encouraging production among the bank’s lending staff. He will be responsible for ensuring ongoing training among all lending staff and serve as a resource for other lenders. Dunn attended Co-Lin Community College where he earned an Associates ...

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Harris promoted to Chief Operating Officer at Peoples Bank

Peoples Bank announced that Julie Harris has been promoted to Chief Operating Officer, overseeing all bank operations and Information Technology. Harris is a graduate of Belhaven College, Jackson, where she earned her Bachelor of Science degree in Accounting, 1980. She subsequently completed studies at the Mississippi School of Banking at Ole Miss. After a five-year affiliation with Deposit Guaranty National ...

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Blanton promoted to Senior VP at Peoples Bank

Peoples Bank announced that John Blanton has been promoted to Senior Vice President and will oversee the bank’s government-guaranteed lending programs including SBA and USDA lending. Blanton, who previously served as a Vice President, works in Peoples Bank’s Richland Office. He earned his Bachelor of Science degree in Accounting from the University of Alabama in 1997 and subsequently earned his ...

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