With perseverance as its watchword, Renasant Corporation, which stands for constant renaissance, has a rich history of achievement in its journey to becoming one of the South’s most successful companies. A collection of community banks that values its relationships with employees and clients above all else, Renasant has found its strength in being a company dedicated to solid leadership, innovation, and community partnership. From its humble beginnings on February 27, 1904 as a makeshift $100,000 bank started in an old Lee County, Mississippi bakery to its current multi-state 120+ banking, lending, insurance, wealth management and financial services offices, Renasant has evolved into a client focused corporation that is stronger than ever.
During 2004, Renasant celebrated its 100th year of business which makes it one of Mississippi’s oldest banks. Following the beginning of the Bank’s second 100 years, Renasant made its first out of state move by acquiring Renasant Bancshares of Memphis, Tennessee. This would be how The Peoples Bank & Trust Company got its current name, Renasant. Shortly after this merger, Renasant moved into Alabama with the acquisition of Heritage Bank with locations in Birmingham, Decatur and Huntsville.
In 2007, Renasant acquired Capital Bancorp, Inc. of Nashville, Tennessee, giving the bank 7 locations in Middle Tennessee. Between 2003 and 2007, Renasant grew from a little over $1 billion in assets to over $3.4 billion in assets.
In 2010 and 2011, Renasant acquired Crescent Bank and Trust of Jasper, Georgia and American Bank and Trust of Roswell, Georgia thru FDIC banking transactions which gave Renasant 13 locations in the North Georgia and suburban Atlanta markets. This $1 billion FDIC acquisition expanded Renasant’s footprint into Georgia –giving the bank over 75 locations in 4 southern states and a total of $4.2 billion in assets at the end of 2012.
In 2013, Renasant acquired First M&F Corporation, the parent of M&F Bank, of Kosciusko, Mississippi, which added $1.6 billion in assets and 42 banking and insurance locations throughout Renasant’s Mississippi, Alabama and Tennessee banking franchises. The merger significantly increased Renasant’s deposit market share in the Birmingham and Memphis MSAs and the key Mississippi markets of Tupelo, Oxford and Starkville, while providing entrance into the markets surrounding Jackson, Mississippi.
In addition, during 2013, Renasant completed its de novo expansion into the East Tennessee markets of Jonesborough, Maryville, Bristol and Johnson City. The expansion gave the Company a total of 17 locations covering all three major regions of the Volunteer state.
Moving past those character building years in the banking industry to multiple mergers, acquisitions, and de novo expansion, Renasant has strengthened its position in the marketplace and is poised for even more success in its second 100 years.
Tupelo Westgate
210 Industrial Rd.
Tupelo, MS 38801
662-680-1001
Bristol
340 Martin Luther King Jr. Blvd
Bristol, TN 37620
423-844-6640
Johnson City
105 West King St
Johnson City, TN 37604
Jonesborough
1000 West Jackson Blvd, Suite 10
Jonesborough, TN 37659
423-788-7930
Canton Road
500 Canton Road
Cumming, GA 30040
1-877-367-5371
