ABA Community Banking

MARCH 23, 2022

Under a new law signed by Mississippi Gov. Tate Reeves, only FDIC-insured banks can acquire or merge with Mississippi-chartered state banks. The post New Mississippi Law Limits State-Chartered Bank M&A to Other FDIC-Insured Banks appeared first on ABA Banking Journal.

Mississippi 45

Mississippi FDIC Community Bank Policies 45

American Banker

JUNE 8, 2023

The FDIC gave Cadence Bank in Mississippi the highest possible rating on its most recent Community Reinvestment Act evaluation. Cadence was the product of a 2021 merger completed just months after the acquired bank settled a federal lending discrimination case.

Mississippi 74

Mississippi FDIC Lending Community 74

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Community Bank of the Heartland, Inc.

Community Bank 172

Community Bank Community National Philadelphia 172

CFPB Monitor

OCTOBER 20, 2022

The ruling was issued in Community Financial Services Association of America, Limited v. At present, the Fifth Circuit’s decision is only binding on federal district courts in Texas, Louisiana, and Mississippi. In addition to the Federal Reserve, the OCC, FDIC, NCUA, and FHFA are not funded through appropriations.

Groups 148

Groups Mississippi Louisiana FDIC 148