Renasant Bank

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

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 Brand Bank of Lawrenceville, Georgia, adding 13 more locations.

References

External links

• Renasant website