Bancorpsouth is reaching out to the business community by creating a $500 million dollar loan fund to grow Mississippi. The announcement was made Friday morning by Bancorpsouth and Governor Phil Bryant.
The financial institution is putting up the loan pool in a private/public partnership with the state of Mississippi. The idea is to help grow more business opportunities and jobs by providing access to capital funding.
"It enables us to enlarge out ability to the types of banks we will be able to serve throughout the state and those that are looking at our state because we will have two different entities that will be looking for those opportunities," said Mississippi Development Authority Executive Director Brent Christensen.
Potential candidates for the loans will be identified through the Mississippi Development Authority and Bancorpsouth's community banks.
Tuesday, September 2 2014 5:28 PM EDT2014-09-02 21:28:36 GMT
The search is over for the missing Mississippi 17-year-old at the center of the weekend Amber Alert. Katelyn Beard's body was found Tuesday before noon, off of Darden road, near the scene of a morningMore >>
The coroner said her body had been dumped for at least two days, and she was shot in the head.More >>
Tuesday, September 2 2014 10:18 PM EDT2014-09-03 02:18:00 GMT
The Mississippi Highway Patrol has issued an Amber Alert for 17-year-old Katelyn Beard. She was abducted Saturday morning from between 6:00 a.m. and 7:00 a.m. from 4244 Lynda Street in Jackson. BeardMore >>
Katelyn Beard's body was found during a search by local law enforcement Tuesday morning. More >>
Thursday, August 28 2014 9:33 AM EDT2014-08-28 13:33:06 GMT
SPARTANBURG COUNT, SC (WYFF) - Fifteen children living in a double-wide trailer were put into protective custody and seven adults were arrested, according to the Spartanburg County Sheriff's Office. DeputiesMore >>
Fifteen children living in a double-wide trailer were put into protective custody and seven adults were arrested, according to the Spartanburg County Sheriff's Office.More >>
Tuesday, September 2 2014 10:17 PM EDT2014-09-03 02:17:29 GMT
Tracy Lynn Garner is being sentenced, Tuesday, in connection to illicit silicone buttocks injections that led to an Atlanta woman's death. Garner was convicted Friday evening after the jury deliberatedMore >>
Garner was convicted Friday evening after the jury deliberated for about five hours.More >>
Tuesday, September 2 2014 10:07 AM EDT2014-09-02 14:07:52 GMT
Labor Day weekend has a special significance for alligator hunters in Mississippi. A few days into the start of this year's hunting season, a record-setting 756-pound gator was caught by Robert MahaffeyMore >>
Labor Day weekend has a special significance for alligator hunters in Mississippi. A few days into the start of this year's hunting season, a record-setting 756-pound gator was caught by Robert Mahaffey of Brandon in the first weekend of the season.More >>
Tuesday, September 2 2014 7:39 PM EDT2014-09-02 23:39:10 GMT
(WMC) – Memphis police are the scene of a shooting where a woman was possibly shot in the head. This happened in the 900 block of East Raines Road, near Elvis Presley Boulevard on Tuesday morning. ThisMore >>
A Memphis mother of two was shot and killed by her estranged husband outside a Whitehaven day care center Tuesday morning. More >>
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