Established in 1909 and certified as a Community Development Financial Institution in 2010, BankPlus focuses on attracting, developing, and retaining high-performance employees who work to ensure the best possible service for their customers and exceptional return on investment to their shareholders. BankPlus is a subsidiary of BancPlus Corporation, a one‐bank holding company located in Ridgeland, Mississippi. The bank received an "Outstanding" overall rating in its 2012 Community Reinvestment Act (CRA) Exam, which also noted the bank’s exemplary record regarding its community development lending and excellent record regarding its innovative and flexible lending practices.
Earline Williams, 76, said she was gifted the best Christmas present when she received a phone call on the first of the year from Mississippi-based BankPlus, telling her she had been approved to receive funds from the Special Needs Assistance Program (SNAP). SNAP grants are awarded through members like BankPlus to provide grant funds for rehabilitation and modification of owner-occupied housing of eligible, special-needs individuals. Since SNAP's inception in 2009, more than $15.1 million has been awarded in grants through FHLB Dallas member institutions to assist more than 3,000 families across FHLB Dallas' five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas.
This month, representatives from BankPlus joined the Federal Home Loan Bank of Dallas and local dignitaries to award over $40,000 in Partnership Grant Program (PGP) funds to three local nonprofits. "BankPlus takes pride in its commitment to the community, and contributing to different groups and causes," said Mark Ouellette, first vice president and director of affordable housing at BankPlus. "What better way to do this than to exercise our partnership with FHLB Dallas to make positive impacts to the lives of many."
Tiffany Stone set out to change her community for the better. So, she began at BankPlus. She started as the Banking Center head teller then quickly moved on to become a branch manager and senior universal banker. "The coolest part of my career is to be a part of the future of banking," Stone said. "Our branches are the future of banking with ITM: Interactive Teller Machines. This is where a live person takes care of all your transactions through our Interactive Teller Machine just like you would at any teller window at any bank. Our branches are not your typical branch look, but customers love it because it's so pleasant and efficient." Read her full story here.