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.
The Wall Street Journal presents “A Portrait of Poverty in America: Job Insecurity and Payday Lending.” The video examines the rampant poverty and high unemployment levels in Holmes County, Mississippi, and highlights the effort of BankPlus to help citizens make ends meet.
The efforts of CDBA Members United Bank of Alabama, BankPlus, and Bank of Montgomery to address the entrenched problems of high rates of unbanked or underbanked individuals in the rural south are highlighted in this recent American Banker article.
The CDFI Fund publicized the awardees for the Financial Assistance, Technical Assistance, and Healthy Food Financing Intiative funds for FY2016. We congratualte the six CDBA members who won awards in this round: BankPlus (FA), Citizens National Bank of Meridian (FA), Neighborhood National Bank (TA), Spring Bank (FA), Southern Bancorp (FA), and Start Bank (FA). Click on Read More to see the full awards list.