Archive | Renasant Bank

Alabama bank to open in second former M&F Bank location

CB&S Bank, based in Russellville, Ala., quietly moved from its Thomas Street office in Tupelo last  month, opening on West Main Street on May 19 in the former M&F Bank/Renasant Bank location. Later this month, CB&S is opening a second location, and again, it will be in a former M&F Bank/Renasant location. This one will […]

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Posted in BancorpSouth, Banking & Finance, Business news, New business, Northeast Mississippi, Renasant Bank, Tupelo0 Comments

Renasant rings closing bell at Nasdaq

Renasant Corp., the parent company of Renasant Bank, was at the Nasdaq stock exchange today, where the companies’ shares (symbol RNST) are traded. Renasant Chairman, CEO and President Robin McGraw rang the closing bell. He was invited to the stock exchange several weeks ago to mark Renasant’s 110th anniversary, but McGraw also rang the bell today in […]

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Posted in Banking & Finance, Business news, National, Northeast Mississippi, Renasant Bank, Tupelo0 Comments

BancorpSouth, Renasant branches working on North Gloster

BancorpSouth and Renasant Bank said their offices on North Gloster Street and the Barnes Crossing area by the mall are up and running.  • BancorpSouth’s Randy Burchfield said the Lakeshire branch near the North Gloster/Green Street intersection that saw so much destruction sustained damage and is not open. However, it’s Barnes Crossing branch on 4359 Mall Drive […]

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Posted in BancorpSouth, Banking & Finance, Business news, Northeast Mississippi, Renasant Bank, Tupelo0 Comments

Renasant wrapping up M&F merger and closure of some locations

With the finalization of Renasant Bank‘s merger with M&F Bank, the last six of nine planned branch closures will be completed by Monday, when conversion officially happens. On Friday, former M&F Bank locations in Tupelo – on South Gloster Street, in downtown Tupelo and on West Main Street – will close for good at 5:30 […]

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Posted in Banking & Finance, Northeast Mississippi, Oxford, Renasant Bank, Starkville, State, Tupelo0 Comments

Renasant nets $6.6 million in third quarter

Renasant Corp. reported third-quarter net income of $6.6 million, or 24 cents a share.  That compares to earnings of $7 million, or 28 cents a share for the same period a year ago. However, this year’s third-quarter results also included a  month of  results from the former First M&F Bank, which Renasant merged with earlier […]

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Posted in Banking & Finance, Business news, National, Northeast Mississippi, Renasant Bank, Tupelo0 Comments

Renasant-M&F Bank merger complete, signs changing

Renasant’s acquisition of First M&F was officially completed on Sunday, but over the weekend, crews were putting Renasant signs on M&F Bank locations. By December, when the conversion is complete, the signs at all former M&F Bank locations will be Renasant signs, and the dual signage will be out. Here’s a press release from Renasant: […]

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Posted in Banking & Finance, Business news, Northeast Mississippi, Renasant Bank, Tupelo1 Comment

Renasant-First M&F merger gets regulatory approval

As expected, the merger between Renasant Corp. and First M&F Corp. has received regulatory approval, and the deal should be effective Sept. 1, the financial holding companies announced. Shareholders in June approved the $142 million merger. (Click here for previous coverage). The merger also will mean the closing of  nine bank locations, including six M&F […]

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Posted in Banking & Finance, Business news, Northeast Mississippi, Renasant Bank, Tupelo0 Comments

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