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CDBA & inclusiv | Friday, September 20, 2019

On Wednesday, September 18, 2019, the U.S. Treasury Department announced $25.2 million in Bank Enterprise Awards (BEA) by the US Treasury Department's Community Development Financial Institutions (CDFI) Fund. 38 banks certified as CDFIs received awards for their efforts to channel $19.4 million of deposits into 18 CDFI credit unions to support their lending in distressed communities. In 2016, the Community Development Bankers Association and Inclusiv began working together to play matchmaker between CDFI banks participating in the BEA Program and CDFI credit unions. While traditional banks and credit unions wage fierce battles over market share, tax status, and a host of regulatory issues, CDFI banks and CDFI credit unions work together to combat poverty.

City First Bank of DC | Monday, August 26, 2019

City First Bank of DC has released their 2018 impact report in addition to an anthology highlighting their 25th anniversary. The anthology tells the historic and vibrant stories of social impact that have been critical to City First's community economic development over the past twenty-five years. City First was chartered with a mission of investing intentionally in low wealth neighborhoods to revitalize historic corridors like U Street and H Street. City First is committed to nonprofits, entrepreneurs, and families. In this anthoogy, you will meet the social entrepreneurs that dared to rebuild our urban landscape. 

Planters Bank & Trust Company | Friday, August 23, 2019

Planters Bank announces that Alan Hargett is assuming the role of Chief Executive Officer on September 1, 2019. Hargett, a native of Ruleville, began his banking career with Planters as a management trainee in the Planters Indianola office in 1989 the same year he earned his Bachelor's degree from Mississippi State University. He currently serves as President and Chief Operating Officer of Planters Bank. Hargett is a member of the Planters Board of Directors and serves on the board and executive committee of the Mississippi Bankers Association.

American Bankers Association | Friday, August 16, 2019

The Mississippi Backwater Flood of 2019 has been a devastating event for the residents of the South Delta in Mississippi. The people, farms, businesses, homes, and wildlife have been affected for months with the impact lasting for years to come. Bank of Anguilla has been a huge part of the community for 115 years and will continue to support and provide relief to the South Delta in helping overcome this disaster.

Mississippi Business Journal | Thursday, April 4, 2019

At first glance, a "video teller" installed in New Hebron may seem more impersonal than a traditional bank branch. However, for Peoples Bank this new bit of technology has allowed bankers to personally interact with a whole new set of customers. The machine, stationed in a location far from a physical branch, allows customers to live video chat with a real teller at another nearby Peoples Bank location. "We typically have two to three different employees who are serving that role as a live teller," said Ashley M. Jones, vice president of marketing. "The tellers on our end are enjoying the relationship that they have established...And for our customers, it is always nice to see a familiar face on the other end. It is comforting."