- Renasant Bank Login Tutorial & Info
- Address: 209 Troy St, Tupelo, MS 38804, USA
- Website: https://www.renasantbank.com/
- Telephone Number: 1-800-680-1601
- Headquartered In: Mississippi
- Founded: 1904 (116 years ago)
- Bank's Rating:
Renasant Bank is a financial institution that’s headquartered in Tupelo, Mississippi. The bank is recognized as a regional bank.
Renasant Bank currently has over 175 branches which are located in five states:
- Mississippi – 71
- Georgia – 36
- Tennessee – 17
- Alabama – 16
- Florida – 8 etc.
The bank is publicly traded on the NASDAQ stock exchange under the symbol RNST. It currently has a market capitalization of over $1 billion.
Renasant Bank is one of the oldest banks in Mississippi and is also the fourth largest financial institution that’s headquartered in the state. The bank currently employs between 1900 and 2100 employees at its various locations.
History of Renasant Bank
Renasant Bank was formed in 1904 by several prominent businessmen coming from Lee County. At that time, it was known as The Peoples Bank & Trust Company.
Just a few years after the bank was established, the 1907 Bankers’ Panic led to the closure of around 100 banks within Mississippi. However, the bank would survive this through what it describes as ‘excellent leadership’.
This wouldn’t be the only crisis the bank would have to survive to get to where it is today. In 1929, 68 banks in the state were shut down during the financial crisis.
The outbreak of the Second World War would, however, mark the start of a resurgent period for the bank. Between 1954 and 1973, the assets of Renasant Bank would grow from $3 million to $73 million.
In the 70s and 80s, the bank would start to grow rapidly as it opened more branches and also started to acquire other financial institutions. This growth would continue into the 90s as it acquired even more banks in places such as:
- New Albany
- DeSoto County
The bank also opened a number of de novo banks such as in Aberdeen and Olive Branch.
Following a decision to expand the range of financial services, Renasant Bank acquired an insurance agency in Tupelo and also added another based in Corinth.
The bank’s first move outside the state of Mississippi came in 2004 when it acquired Renasant Bancshares of Memphis. Thanks to the merger, the bank was able to change its name and Renasant Bank, as it’s now known, was born.
The bank would make yet another acquisition within Tennessee; Capital Bancorp, Inc. and this gave it seven more locations in the state.
By 2007, the assets of Renasant bank were valued at $3.4 billion.
The main offices of Renasant Bank are located in Tupelo, Mississippi. The bank’s headquarters have been at the same location, 209 Troy Street Tupelo, MS 38801, since 1981.
The bank’s original headquarters is currently being leased to a non-profit art museum for just a $1 a year. This is done as an affirmation of the bank’s commitment to the improvement of the local community.
Renasant Bank Services
Renasant Bank offers a full range of financial services which include:
- Savings and checking accounts
- Loans (personal and business)
- Financing for equipment leasing
- Safe deposit boxes
Customers can also access bank services over the internet and through their phones.
Renasant Bank Headquarters Address
209 Troy St, Tupelo, MS 38804, USA