Hyde-Smith announces $94.9 million in capital grants to support rural & underserved communities
U.S. Senator Cindy Hyde-Smith announced the award of over $94.9 million to financial institutions to help businesses and community facilities remain viable as Mississippi rebuilds from the Coronavirus pandemic.
Posted: Jun 16, 2021 7:44 PM
Updated: Jun 17, 2021 9:33 AM
Posted By: Ethan Foster
WASHINGTON, D.C. (WTVA) – U.S. Senator Cindy Hyde-Smith (R-Miss.) today announced the award of more than $94.9 million from the U.S. Treasury Department to 52 financial institutions throughout Mississippi.
The money comes as Coronavirus relief funding provided by the Treasury Department s Rapid Response Program and will be distributed to Community Development Financial Institutions. These include banks, credit unions, loan funds, or venture capital funds.
⢠Christeâ Harris-Leech has been named to the board of directors of First American National Bank. She is a native of Iuka and is the daughter of Glenn Ray and Dianne L. Harris.
Her roots with First American run deep as her first job outside of working for her dad at J.P. Coleman State Park was as a part-time teller at FANB through high school and college.
Leech is a 1994 graduate of Tishomingo County High School. She attended Northeast Mississippi Community College before transferring to the University of Mississippi, where in 1998, she earned a double B.A. Â in Banking and Finance and Managerial Finance. In 2001, she graduated from Mississippi College School of Law with a Juris Doctorate.
Located at
490 and 520 Metroplex Drive and spanning about 12.5 acres, the property houses an office building near Antioch Pike and Interstate 24. HCA Realty Inc. paid $3.5 million for the two properties in December 2005, according to Metro records. It is unclear how HCA was using the building at the time of the sale, although the company s CereCore IT and staffing subsidiary lists the site as one of its addresses.
FirstBank provided OakPoint a loan of $8.19 million, the document notes. The
Post was unable to determine if HCA used a broker in the transaction.
The property has a history of note, with First American National Bank, Prudential Insurance and local developer Alex Palmer each having once owned it. Led locally by co-partners Justin Albright and James Granberry, OakPoint also operates an office in Austin.
TSU president also takes over from Dickens as lead director
A member of the Pinnacle Financial Partners board of directors since late 2007 will step down next month after the bank holding company’s annual shareholders’ meeting.
Gary Scott joined the Pinnacle board when the downtown-based company acquired Mid-America Bancshares, which owned PrimeTrust Bank a community bank Scott had helped launch in 2001 and Bank of the South. He is not allowed to run for another term on the body because he is 75, the age at which Pinnacle’s governance policies say no director can be renominated.
In part because of his tenure on the board, Scott had come to be considered an independent director rather than an insider. That distinction allowed him to until recently chair the board’s risk committee Renda Burkhart, a Knoxville accountant, now holds that position and be a member of its nomination and corporate governance committee.
Memory Shuffield recipient of WTVA Senior Scholarship
This year s WTVA Senior Scholarship was presented Thursday to Memory Shuffield of Starkville Academy.
Posted: Dec 17, 2020 3:09 PM
Updated: Dec 17, 2020 5:07 PM
Posted By: Zac Carlisle
In all, WTVA received 26 entries into the annual video scholarship contest.
(L-R) Colin Ashmore, branch manager of Tupelo Downtown First American National Bank; Will Kollmeyer, VP of Marketing at NEMCC; Memory Shuffield, scholarship recipient. Photo Date: Dec. 17, 2020.
Students were instructed to submit videos of themselves answering these two questions:
Which person in your life has inspired you to make a difference in your community?
What kind of legacy have they inspired you to leave?