Renasant Bank

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Renasant Bank
Public
Traded asNASDAQRNST
Russell 2000 Component
IndustryFinance and Insurance, Securities
Founded1904
HeadquartersTupelo, Mississippi, USA
Key people
Claude Mitchell (Mitch) Waycaster - President & CEO
ProductsFinancial Services
Number of employees
1,900
Websiterenasantbank.com

Renasant Bank is a regional commercial financial institution based in Tupelo, Mississippi. The bank has a market cap of greater than $1 billion and more than 175 branches; 16 in Alabama, 8 in Florida, 36 in Georgia, 71 in Mississippi and 17 in Tennessee.[1]

History[edit]

Renasant began as The Peoples Bank and Trust Company in 1904. Throughout the 1980s and 1990s the bank grew by acquiring small local banks in Mississippi. In 2005, it acquired Heritage Bank of Decatur, Alabama,[2] and Renasant Bancshares of Memphis, Tennessee and assumed the new Renasant Bank moniker. In 2007, Renasant acquired Capital Bank of Nashville, Tennessee. In 2010, as part of the financial crisis, it acquired the failed Crescent Bank and Trust of Jasper, Georgia and later the American Trust Bank of Roswell, Georgia, both suburban Atlanta banks. Additional acquisitions followed in the 2010s, Merchants and Farmers Bank of Kosciusko, Mississippi in 2013, Heritage Bank of the South in Albany, Georgia in 2015, and Keyworth Bank of Johns Creek, Georgia.[3][4]In the third quarter of 2018, Renasant will acquire BrandBank of Lawrenceville, Georgia, adding 13 more locations.

References[edit]

  1. ^ "Renasant Bank Locations". usbanklocations.com. Retrieved 16 August 2016.
  2. ^ http://www.al.com/business/index.ssf/2015/06/renasant_banks_purchase_of_her.html
  3. ^ "Renasant Bank, History". usbanklocations.com. Retrieved 16 August 2016.
  4. ^ http://www.renasant.com/MNA/100541

External links[edit]