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Tag Archives: Mac Deaver

McKinley Deaver, longest serving president of MBA, retires at the end of 2019

McKinley W. “Mac” Deaver will retire as president of the Mississippi Bankers Association (MBA) on December 31, 2019. Deaver has served in this role since 1993, and retires as the longest serving president in 130-year history of the MBA. A native of Purvis, Deaver graduated from Pearl River Community College and then earned a degree in communications from the University ...

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Banks say credit unions have unfair advantage

ACROSS MISSISSIPPI — For decades, not-for-profit credit unions have enjoyed tax-exempt status as they emerged as legitimate contenders to banks, gaining new customers, especially as the recession caused many banks to tighten their lending policies. The banking industry says credit unions now enjoy an unfair competitive advantage as they broaden their services while not being taxed or held to the ...

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Report urges action for state’s un-banked

Mississippi households without checking accounts are double the national average, says a Mississippi Economic Policy Center report that urges the financial sector and communities to initiate more financial education among youngsters and adults and create more access to banking services. The report calls for several actions its authors think can transform more Mississippians into consumers of financial services while increasing ...

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