BancorpSouth Bank Expands Saint Louis, Mo. Market Presence with Two New Banking Locations
August 01 2007 - 11:01AM
PR Newswire (US)
Previous Merger with Signature Bank Moved BancorpSouth into
Springfield and St. Louis, Missouri Markets TUPELO, Miss., Aug. 1
/PRNewswire-FirstCall/ -- BancorpSouth, Inc. (NYSE:BXS) announced
today that its subsidiary BancorpSouth Bank has opened a full
service banking location in the Saint Louis suburb O'Fallon and
will open an additional location August 8 in Clayton, Mo., also a
Saint Louis metropolitan area community. This is the result of the
company's two subsidiary banks, BancorpSouth Bank and The Signature
Bank, merging under the BancorpSouth Bank name and charter July 1,
2007. Previously, the respective parent holding companies,
BancorpSouth, Inc. and City Bancorp, merged on March 1, 2007. At
the time of the merger Signature Bank was operating a loan
production office in Clayton, plus had a new office under
construction in O'Fallon. BancorpSouth has completed the O'Fallon
office, located at 100 Christina Marie Drive, O'Fallon, Missouri
and opened for business today. The Clayton office will open August
8 at 100 South Brentwood Boulevard, Clayton, Missouri . Both
locations will offer full service banking, including retail,
commercial and private banking services. BancorpSouth Chairman and
CEO Aubrey B. Patterson said, "We are excited about expanding our
BancorpSouth franchise in the Saint Louis market. We believe our
unique BancorpSouth brand of local decision-making, supported by a
broad and sophisticated product line, technology and resources will
be a combination that our Saint Louis customers will find quite
satisfactory." BancorpSouth Missouri Region President David Kunze
said, "Our customers benefit from the resources, expertise and
community bank approach that BancorpSouth offers. We know that our
two new locations will provide O'Fallon and Clayton with
state-of-the-industry financial services." BancorpSouth Saint Louis
President James Kratzer said, "We are pleased to open the O'Fallon
office today offering full service banking to that growing
community, and next week to do the same in Clayton. We are prepared
to put the resources of BancorpSouth to work helping our customers
and our communities grow and prosper." The St. Louis Metropolitan
Statistical Area is the largest in Missouri and is comprised of 17
counties in Missouri and Illinois, with a population of
approximately 2.8 million. In Springfield, Missouri, BancorpSouth
now operates six banking locations as the result of the merger of
The Signature Bank with BancorpSouth Bank. BancorpSouth, Inc., is a
$13.2 billion-asset bank holding company. The company operates
approximately 290 banking and mortgage locations in Alabama,
Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and
Texas. The company provides traditional banking services, credit
cards, mortgages, trust and fiduciary services through its
principal subsidiary BancorpSouth Bank. BancorpSouth's common stock
is traded on the New York Stock Exchange under the trading symbol
BXS. DATASOURCE: BancorpSouth, Inc. CONTACT: Randy Burchfield,
+1-662-620-4305, or Nash Allen, +1-662-680-2331, both of
BancorpSouth, Inc. Web site: http://www.bancorpsouth.com/
Copyright
BancorpSouth Bank (NYSE:BXS)
Historical Stock Chart
From Jun 2024 to Jul 2024
BancorpSouth Bank (NYSE:BXS)
Historical Stock Chart
From Jul 2023 to Jul 2024