Dec 02

Renasant Mortgage Expands Atlanta Area Retail Presence

RenasantBankbw                      NEWS

 

P.O. Box 709 • Tupelo, MS • 38802-0709
Phone (662) 680-1219 • Fax (662) 680-1231

www.renasantbank.com
NASDAQ: RNST

CONTACT: Vivian Vought Terry
Phone (205) 824-3813

FOR IMMEDIATE RELEASE
December 1, 2014

Renasant Mortgage Expands Atlanta Area Retail Presence

email logos-03BIRMINGHAM, AL – Renasant (NASDAQ: RNST) today announced that the Mortgage Lending Division, headquartered in Birmingham, AL is expanding its retail presence in the Atlanta, GA market. In addition to loan offices already established in Canton, Cartersville, Jasper, Towne Lake, Woodstock and Cumming, Renasant will be adding six mortgage loan originators and four loan operations professionals and will be opening a new mortgage office in Newnan. The new office will be located at 246 Bullsboro Drive.

As part of this expansion, it was announced that David Payne has joined Renasant Bank as Vice President Georgia Mortgage. In his new role, Payne will oversee eastern region mortgage production and retail mortgage operations in Georgia and expanding into east Tennessee and the Carolinas.

David Mays, Executive Vice President and of Director of Mortgage Lending said, “This expansion signals a continuation of our strategy to grow our mortgage lending operation throughout the Southeast. The Atlanta market is a key part of our franchise and a popular Fortune 500 destination.”

Also joining the Renasant Mortgage lending team are mortgage loan originators Andy Edge, Pina Payne, Denver Payton, Steve McGarrah, Buck Sherman, and Shawna Bryant. Additionally, the following loan operations professionals also joined Renasant: Kim Thomas, DE Underwriter/Operations Manager; Mike Estes, Production Manager; Amanda Freeman, Processor, and Keisha Parker Administrative Assistant.

 

About Renasant:
Renasant Corporation is the parent of Renasant Bank and Renasant Insurance. Renasant is a 110-year-old financial institution that has assets of approximately $5.8 billion and operates 120+ banking, mortgage, financial services and insurance offices in Mississippi, Tennessee, Alabama and Georgia.

Nov 04

Park Place Tower Becomes Renasant Place

RenasantBankbw                                                  

NEWS

 

 

P.O. Box 709 • Tupelo, MS • 38802-0709
Phone (662) 680-1219 • Fax (662) 680-1231

www.renasantbank.com
NASDAQ: RNST

CONTACT: Vivan Vought Terry
Phone (205) 824-3813

FOR IMMEDIATE RELEASE
November 3, 2014

 

Renasant Place334Park Place Tower Becomes Renasant Place

BIRMINGHAM, AL –Renasant Bank and Allegiance Realty announced today the 15-story office building located at 2001 Park Place North has become Renasant Place. Renasant Bank has executed a new lease and will be the lead tenant in the renamed building. 

Mike Ross, Renasant’s Chief Commercial Officer and Eastern Region President said, “We are excited to partner with Chris Smith and Allegiance Realty on this expansion and extension which reaffirms our commitment to the city of Birmingham.”

Renasant is a 110- year old financial institution, headquartered in Tupelo, Mississippi. Renasant has six branches and 125 employees in the Birmingham area. 

Renasant Chairman and CEO, E. Robinson McGraw, said, “Birmingham is a significant part of our franchise. Several key divisions, which include Mortgage, Technology, Compliance and Community Development, are based in Birmingham. In addition to our Birmingham and Alabama operations, senior leadership with responsibility for company-wide Commercial Banking and Credit are housed at Renasant Place.”

Charlotte, NC-based Allegiance Realty Corporation’s CEO and President, Christopher Smith, said of the move, “We are proud to be the headquarters location for Renasant Bank. The broadening and deepening of this relationship is a testament to the quality of both companies. Renasant Bank’s presence and growth in the core of the downtown market mirrors our deep belief in the strength of Birmingham, which is home to two of our prominent properties. Mike Ross and his team at Renasant are the type of high quality companies that will continue to strengthen this downtown core.”

In the transaction, Allegiance Realty was represented by West Harris at Harbert Realty Services and Renasant was represented by Bo Grisham at Brookmont Realty Group.

Renasant Place is a 15 story, class-A office building with 278,027 square feet of rentable space with an attached 343 space parking garage. Strategically located in the heart of downtown Birmingham, the property provides convenient access to the interstates and local expressways as well as Birmingham’s municipal airport. Providing unmatched views of Linn Park, the property has proximity to an excellent amenity base. The property was built in 1980 and was extensively renovated in 2002.

ABOUT RENASANT CORPORATION:

Renasant Corporation is the parent of Renasant Bank and Renasant Insurance. Renasant is a 110-year-old financial institution that has assets of approximately $5.8 billion and operates more than 120 banking, mortgage, financial services and insurance offices in Mississippi, Tennessee, Alabama and Georgia.


ABOUT ALLEGIANCE REALTY CORPORATION:

Allegiance is a privately-held real estate investment company founded in 1996 with a current portfolio totaling 3 million square feet. Headquartered in Charlotte, North Carolina, The Company has a strong track record of successful investments on the behalf of family offices, RIAs, and high-net-worth individuals. For more information, visit http://www.allegiancere.com.

Image

Renasant Announces 2014 Third Quarter Earnings

Q3 Earnings Sheet

Sep 04

Renasant Offers Small Business Workshop

10-23-14---FinancingBIRMINGHAM, AL – Renasant Bank will host a FREE workshop for small business owners on September 18 from 9:30 to 11:00 at the Birmingham Central Library.  The topic will be How Do I Make Money with My Website.  The session will be led by Andrea Walker, Corporate Communications Manager, Walter Energy.  She will share strategies to effectively utilize your company’s online presence to gain more customers and make the most of your website. 

To register, please visit: http://movetogreaterservice.com/smallbiz

This is the second in a free six-part entrepreneurial success series that Renasant Bank is hosting to help small businesses succeed. Series topics include Financial Management, Networking and Relationship Building, Social Media, Tax Information, Business Plan Components, Human Resources and Access to Capital.

Renasant staff and local experts are leading these valuable learning sessions throughout the Birmingham and Shelby County communities. The event is co-sponsored by Birmingham Public Library System and Trudy Phillips Consulting.  Complimentary refreshments will be served.

Tracey Morant Adams, Senior Vice President Small Business and Community Development Director said of the series, ‘This free series is part of Renasant Bank’s continuing commitment to further the success of small business owners and entrepreneurs in our area. We are pleased to provide valuable tools and insight to help our local community businesses thrive and flourish.”

 

 Future sessions include:

Oct. 23, 2014        Financing, Lending Sources and Credit                             Pratt City Library

Nov. 20, 2014       Self-employed & Small Business Tax Workshop               Woodlawn Public Library

Jan. 15, 2015       One-Page Business Plan with Financial Projections          Alabaster City Hall

Feb. 12, 2015       Contract Employees vs. Full Time Employees                   Avondale Public Library

 

To register for any of the sessions, please visit: http://movetogreaterservice.com/smallbiz

 

ABOUT RENASANT CORPORATION:

Renasant Corporation is the parent of Renasant Bank, a 110-year-old financial services institution, and Renasant Insurance. Renasant has assets of approximately $5.8 billion and operates more than 120 banking, mortgage, financial services and insurance offices in Mississippi, Tennessee, Alabama and Georgia. For more information please visit www.renasantbank.com or the Company’s IR site at www.renasant.com.

Jul 16

Renasant Corporation announces record second quarter earnings.

Q2 Earnings

Jul 14

Renasant Business Credit Welcomes David Ellington

RenasantBankbw                                                   NEWS

 

P.O. Box 709 • Tupelo, MS • 38802-0709
Phone (662) 680-1219 • Fax (662) 680-1231

www.renasantbank.com
NASDAQ: RNST

CONTACT: Vivan Terry
Phone (205) 824-3813

FOR IMMEDIATE RELEASE
July 9, 2014

Renasant Business Credit Welcomes David Ellington

Atlanta, GA – Renasant Business Credit is pleased to announce the addition of David Ellington to their asset based lending team in Atlanta. David has assumed the role of Portfolio Analyst in which he will provide broad based support to the ABL Operations,  Originations, Underwriting and Relationship Management teams.

David has an BA Degree in Accounting from Furman University in Greenville, SC and has previous financial services industry experience.

Renasant Business Credit, the Atlanta-based lending division of Renasant Bank, provides asset-based lines of credit of  $2 million and higher to lower middle-market companies throughout the Southeast.

ABOUT RENASANT CORPORATION:

Renasant Corporation, a 110-year-old financial services institution, is the parent of Renasant Bank and Renasant Insurance. Renasant has assets of approximately $5.7 billion and operates over 120banking, mortgage, financial services and insurance offices in Mississippi, Tennessee, Alabama and Georgia. For more information please visit www.renasantbank.com or the Company’s IR site at www.renasant.com.

 

Jul 09

Renasant Business Credit Funds $4.5 million Revolver

RenasantBankbw                                                   NEWS

 

P.O. Box 709 • Tupelo, MS • 38802-0709
Phone (662) 680-1219 • Fax (662) 680-1231

www.renasantbank.com
NASDAQ: RNST

CONTACT: Vivan Terry
Phone (205) 824-3813

FOR IMMEDIATE RELEASE
July 9, 2014

Renasant Business Credit Funds $4.5 million Revolver

Atlanta, GA – Renasant Business Credit is pleased to announce the funding of a $4.5 million asset-based revolving line of credit for a company based in Georgia serving the needs of utility companies throughout the South and Mid-Atlantic regions. 

The borrower was able to significantly increase its loan availability, lower its all-in cost of working capital and reduce collateral reporting requirements as part of the new lending relationship. 

“This kind of value-added, relationship lending is the target market for Renasant Business Credit,” said Mike Knuckles, the E.V.P. and Division Manager. He added, “In this particular case, we were able to offer increased availability on a portion of the Accounts Receivable due to the unique nature of the business model and the company’s strong customer base.  The borrower will also enjoy a much more cohesive and streamlined treasury management process as a result of their new banking relationship with Renasant.” This relationship was originated, underwritten and will be managed by SVP Bill Drmacich.

Renasant Business Credit, the Atlanta-based lending division of Renasant Bank, provides asset-based lines of credit starting from $2 million (and up) to lower and middle market companies throughout the Southeast.

About Renasant Corporation:

Renasant Corporation, a 110-year-old financial services institution, is the parent of Renasant Bank and Renasant Insurance. Renasant has assets of approximately $5.9 billion and operates over 120banking, mortgage, financial services and insurance offices in Mississippi, Tennessee, Alabama and Georgia. For more information please visit www.renasantbank.com or the Company’s IR site at www.renasant.com.

Jun 17

Renasant Business Credit Funds $3 million Revolver

RenasantBankbwNEWS

 

 

 

P.O. Box 709 • Tupelo, MS • 38802-0709
Phone (662) 680-1219 • Fax (662) 680-1231

Renasant Business Credit Funds $3 million Revolver

Atlanta, GA – Renasant Business Credit is pleased to announce the funding of a $3 million asset-based revolving line of credit for an electrical and industrial wholesale distribution supply company based in Georgia. 

The borrower was able to significantly increase their loan availability, lower their all-in cost of working capital and reduce their collateral reporting requirements as part of the new lending relationship. 

“This kind of value-added, relationship lending is the target market for Renasant Business Credit,” said Mike Knuckles, the E.V.P. and Division Manager. He added, “The borrower will also enjoy a much more cohesive and streamlined treasury management process as a result of their new banking relationship with Renasant.”

Renasant Business Credit, the Atlanta-based lending division of Renasant Bank, provides asset-based lines of credit from $2-10 million (and more) to lower and mid-market companies throughout the Southeast.

About Renasant Corporation:

Renasant Corporation, a 110-year-old financial services institution, is the parent of Renasant Bank and Renasant Insurance. Renasant has assets of approximately $5.9 billion and operates over 120 banking, mortgage, financial services and insurance offices in Mississippi, Tennessee, Alabama and Georgia. For more information please visit www.renasantbank.com or the Company’s IR site at www.renasant.com.

Jun 06

Handy Ways to Save Money on Vacation

According to American Express’ 2013 survey, the average amount that an American spends on summer vacation was approximately $1,145, and that number jumps to $4,580 for a family of four. As we enter the summer months of 2014, it’s good to keep in mind that there are great ways to lessen the financial impact of your vacation. If you want to stay thrifty, follow these five tips:

Start with your travel budget

Conduct a home budget analysis weeks or even months before your summer trip to determine how much you and your family can really afford to spend on vacation. Things can quickly add up if you decide to wing it and use credit cards for frequent purchases, so it’s good to check and see if you have set aside enough cash. (Remember that this money shouldn’t come from an emergency fund!)

Determining a good amount for travel expense depends on your lifestyle and financial situation but start with the figure mentioned above, $1,145 per person. Then see where you stand in relation to that. Open a savings account for your vacation expenses and contribute a percentage of your paycheck to it each month.

Search websites for travel deals

When it comes to big-ticket travel items such as airfare and hotels, deals come in bulk. Some sites offer up to 45% off when you book a combination of a flight, rental car and/or hotel. Vacation packages are also available for places currently in their official off-season, including the U.S. Virgin Islands. Check for packages on airline websites too, since they tend to team up with hotels and other companies to offer travelers a more straightforward way to save on their trips.

Deals for smaller, travel-related expenses, such as daytime activities and food, can be found on sites like LivingSocial and Groupon or even local activity websites. Search around before booking and be sure to pay attention to strict expiration dates or blackout dates.

Pack lightly and efficiently

Make a list, pack and check the list. If you tend to pack in a rush, you may want to give yourself an extra day to finish. The goal is to have every item on your list in your bag the night before and to lay out any clothes and toiletries you’ll need for the morning. It’s nice when you don’t need to buy another swimsuit, shampoo or pair of socks for your trip. Pack some extras in anticipation of an unusual change in weather or in the event of a last-minute change in your travel itinerary.

Cut down on food costs

Once you start traveling, the cost of food can add up quickly. Ways to remedy this include keeping track of meals per day, buying more meal staples such as fruits and nuts for periodic snacks, and looking out for less expensive restaurants or vendors. If you find yourself with a kitchen at your hotel or other accommodations, take full advantage of cooking. It may even become an adventure in itself. Just be sure to avoid snacking on the mini bars or relying on room service when you can.

Ultimately, it’s up to you how you spend your vacation. But bear in mind that you can make it fun without going into debt.

Guest Post by:

Nora Tarte, NerdWallet

Mar 31

How to Keep Your Money Safe

According to the U.S. Department of Justice, millions of people fall victim to fraud each year. When it comes to your money, you can never be too careful about preventing fraud. next time you make a transaction or log into your online bank account consider these 5 steps courtesy of Laura Woods at NerdWallet:

1.) Exercise caution with passwords

While it’s easier to use the same password for every online account, it puts you at risk for fraud. Avoid using the same password for any two accounts containing sensitive information. It’s also wise to change your passwords often, as an extra security measure. While you change passwords, avoid any easy passwords such as “123456” or “password”, which top Splashdata’s list of the worst passwords of 2013.

2.) Be a savvy online shopper

Shopping online is quick, easy and convenient, but it’s important to do it wisely. Only shop at reputable, secure sites that you trust, whenever possible. If you question the legitimacy of a company or a person even the slightest, do an online search to ensure they’re reputable. And remember to always choose a credit card over a debit card when paying online, as it limits your liability in case of theft. Review all your credit card statements in a timely manner to ensure no unauthorized charges are made.

3.) Go straight to the source, instead of through an email

Online criminals are notorious for sending emails that look exactly like ones from your bank, credit card company or other financial institutions in an attempt to access your personal data. As these emails can be very difficult to distinguish from legitimate ones, it’s always wise to go straight to the site itself, instead of clicking a link in an email. One click can give criminals access to your personal data, essentially providing them with the key information to your online financial accounts.

4.) Demand extra security

Not all cashiers ask to see your ID when paying with a credit or debit card. This means anyone who gets their hands on your card can typically get away with using it for in-store purchases. Combat this by writing “see ID” on the back of your card, so cashiers are forced to ask for it. While it may cause you a little extra hassle, it’s well worth it to keep your money safe, as there’s little chance a thief will be able to produce another form of identification with your name on it ─ especially one that matches your signature.

5.) Shred important documents before tossing

If you think your trash is safe from theft ─ think again. Throwing away credit card offers, old bank statements, utility bills, and other documents containing your personal information gives dumpster divers easy access to your data. Criminals can use this data to open credit cards in your name, using their own contact information, so you’ll never even know it happened until you check your credit report.

Fight back against fraud

You can never be too careful when safeguarding your assets against fraud. It’s important to always be on your guard to ensure all your bases are covered. When the safety of your money is in question, it’s much better to be overly cautious.

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