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Jackson-based bank buying branch office in Oxford

OXFORD — Trustmark National Bank, a subsidiary of Trustmark Corporation, has signed a definitive branch purchase and assumption agreement pursuant to which it will acquire the two branches of SOUTHBank, F.S.B., serving the Oxford market. The agreement contemplates the assumption of selected deposit accounts of approximately $11.8 million as well as the purchase of the physical branch offices. The proposed ...

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