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Peoples Bank (Mendenhall, Mississippi)

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Peoples Bank
Company typePrivate company
IndustryFinancial services
Founded1908; 116 years ago (1908)
FoundersColonel Sidney McLaurin and Dewitt Enoch
Headquarters,
Area served
Central Mississippi
ProductsBanking services
Websitewww.peoplesbank-ms.com

Peoples Bank is an American community bank based in Mendenhall, Mississippi.[1]  Brick and mortar branches are located in Mississippi towns of Collins, Magee, Mendenhall and Richland in addition to ITM/ATM services in Puckett and New Hebron. Peoples Bank operates under a parent company Peoples Bancshares, Inc.[2] and is affiliated with Peoples Bank Mortgage, based in North Charleston, South Carolina and Main Street Realty, based in Magee, Mississippi.

Peoples Bank is a community development financial institution (CDFI).[3]  This means that the  financial institution provides credit and financial services to underbanked markets and populations.

Peoples Bank offers all types of lending and is a designated Preferred Lender with the U. S. Small Business Administration (SBA).[4]

History

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Peoples Bank was founded in 1908. It was established by Colonel Sidney McLaurin and Dewitt Enoch in downtown Mendenhall, Mississippi.  It is currently run by a fourth-generation CEO.

References

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  1. ^ "FDIC Insured". FDIC.GOV.
  2. ^ "Corporate Annual Report". MS Secretary of State.
  3. ^ "CDFI Certification". CDFI.
  4. ^ "Peoples Bank earns national attention for SBA Lending". MS Business Journal.