Bank News & Press Releases

Magnolia State Bank Welcomes New Employee Curt Jones
Magnolia State Bank is pleased to announce the addition of Curt Jones to the position of Vice President and Commercial Banking Officer in Hattiesburg, MS. Read More »

Governor Barbour Re-Appoints Brown to State Board of Banking Review
Governor Haley Barbour has announced the re-appointment of Thomas E. Brown of Bay Springs to the State Board of Banking Review for a second five year term. Read More »

Magnolia State Bank Announces Partnership with Oak Grove Schools
Magnolia State Bank recently partnered with Oak Grove High School and the Oak Grove High School Parent Teacher Organization for sponsorship of the school’s marquee. Read More »

Magnolia State Bank Reports Record 3rd Quarter Earnings
Bay Springs, MS - Marcus Robinson, president and CEO has announced financial results for the quarter ended Sept. 30.
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Magnolia State Bank designated as a Certified Development Financial Institution (CDFI)
Bay Springs, MS - Magnolia State Bank recently received designation as a Certified Development Financial Institution (CDFI) and has been awarded $7.9 million in funds at a 2% rate for 8 years. A certified CDFI is a financial institution that works in markets that are underserved by traditional financial institutions. Read More »

Glenn Recognized for Forty Years in the Banking Industry
Danny Glenn, president of Magnolia State Bank in Laurel, was recently inducted in the Mississippi Bankers Association (MBA) Forty Year Club in recognition of his forty years of professional achievement in the field of banking in Mississippi.

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YOU HAVE TO SEE IT TO BELIEVE IT! Magnolia State Bank will host a tour of the NEW Panther Stadium and Petal School District for the Hattiesburg Board of Realtors Tuesday August 3. Lunch will follow at the Bank in Petal. Click here for more details »

Magnolia State Bank Announces Promotion of Kris Mangum

Magnolia State Bank is pleased to announce the promotion of Kris Mangum to Vice President in Petal. Mangum has been with Magnolia State Bank since March 2009 serving as Loan Officer and in Public Relations.

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Magnolia State Bank Opens Hattiesburg Location & Acquires Prime Mortgage, Inc.

Marcus Robinson, Magnolia State Bank President and C.E.O., has announced the opening of Magnolia State Bank’s new location in Hattiesburg and the acquisition of Prime Mortgage, Inc. Read more »

www.primemortgageinc.com

Magnolia State Bank Celebrates Grand Opening on the Evelyn Gandy Parkway

Magnolia State Bank celebrated the grand opening of their new Petal office Friday, December 18 with a ribbon cutting ceremony and drawing for a 2010 Ford Fusion.

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Magnolia State Bank Celebrates Grand Opening of Petal Office

Magnolia State Bank will celebrate the grand opening of their Petal office on the Evelyn Gandy Parkway with a car giveaway Friday, December 18, 2009 from 10:00 a.m. to 2:00 p.m.

From November 23 through December 17, Magnolia State Bank invites the public to come by and open an account and register for a 2010 Ford Fusion.

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Magnolia State Bank Introduces New Senior Vice President

Magnolia State Bank welcomes Canda Olmi as Senior Vice President. Olmi will focus on developing relationships with executives and professionals in the Hattiesburg Market. Olmi, along with President and CEO Marcus Robinson, will open a new branch there later this year.

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Magnolia State Bank Announces New President and CEO

After 30 years of serving as Magnolia State Bank President, CEO and Chairman Thomas Brown has named a new president and CEO, Marcus Robinson, formerly with Regions in Hattiesburg.

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April Yields $7 Million in New Loans for Magnolia State Bank
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Magnolia State Bank Selected By Mississippi Business Journal As One 50 BEST PLACES to Work in Mississippi.
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Magnolia State Bank welcomes Kris Mangum

Magnolia State Bank is pleased to announce that Kris Mangum has joined the management team of Magnolia State Bank as Loan Officer and Public Relations.

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FDIC Temporarily Increased Deposit Insurance
On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009.

Magnolia State Bank sets record growth with over $200 million in assets. Read more...

Magnolia State Bank Expands to Petal - Thomas E. Brown, Chairman and CEO of Magnolia State Bank in Bay Springs, has announced plans to open a bank in Petal. Read more...

Magnolia State Bank Helping Schools with Petal Panthers Visa Cards - Petal, Mississippi – Magnolia State Bank is leading the charge to help Petal schools through a new Affinity Visa program. Read more...

The Magnolia State Bank has established the Magnolia State Hope Fund for Jasper, Jones, and Smith Counties. For more information please visit the Magnolia State Hope Fund website.

MISSISSIPPI BUSINESS JOURNAL,
NOVEMBER 7-13, 2005, BY GEORGE MCNEILL:
   Through the years, Magnolia State Bank Grows. BAY SPRINGS For many years, there seemed to be the general attitude, especially in banking, that bigger is better. Now, the big boys want to be like us. Read more here.

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