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In latest move, Cadence reorganizes its management structure

American Banker

The Tupelo, Mississippi, company announced a management simplification plan in which several executives, including the president and the chief financial officer, are gaining new responsibilities. Most of the changes took effect April 1.

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State Employees In Mississippi Targets Of Direct Deposit Scam

PYMNTS

News comes this week from Mississippi that state workers are being targeted by similar fraud attempts. million from a farmers’ collective during his time as general manager from 2003 to 2018 — and where he controlled the collective’s bank accounts. He had been accused of stealing $5.3

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Banks Seek Outside Help on CECL Amid Economic Recovery

Banking Exchange

Mississippi-headquartered BancorpSouth Bank has joined the growing number of banks calling on external consultancies to assist with its handing of current expected credit loss (CECL) rules Compliance The Economy Feature Risk Management Feature3.

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Branch Business: The Banks Opening New Locations Across the US

Banking Exchange

Merchants & Marine is expanding in Mississippi, while Woodforest National Bank is growing in North Carolina Management Feature M&A Feature3.

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PSCU’s Lumin Enables Digital Payments For TN Credit Union

PYMNTS

Originally founded in 1957 to serve personnel on the naval base in Millington, Tennessee, First South Financial has expanded its financial services offerings across Tennessee and Mississippi. The addition of Lumin Digital gives the credit union (CU) another offering on its menu of digital financial products and services.

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Casino Reopenings Draw In Gamblers Despite Online Gaming Surges

PYMNTS

Casinos in Mississippi and Louisiana are reopening this week, and visitors are traveling long distances and waiting in lines to enter the facilities, according to a report from The Wall Street Journal. Customers reportedly cooperated with temperature checks and social distancing.

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Podcast: ‘Folks Who Are Low-Wealth Also Need Wealth Advisers’

ABA Community Banking

Homeownership, savings and holding down a job are three keys to financial well-being and moving out of generational poverty, so that's what Southern Bancorp focuses on in its home Mississippi and Arkansas Delta region, one of the nation's poorest.