The Bank of Richton closed in 1930 and a new bank was organized that year. This was the first organization of the Richton Bank and Trust Company. Richton Bank & Trust Company has grown from an $8 million bank in 1971 to a $84 million bank in 2008. Presently Richton Bank and Trust Company has 21 full-time employees.
Richton Bank & Trust Company has expanded in the last 8 years to include 2 branches as well as a freestanding ATM. The North Branch was established in November 1997. The full service New Augusta Branch was operational in February 2001 and ATM service became available at Sandhill in August 2001.
In 2004 Richton Bank & Trust Company purchased the old Western Auto lot in New Augusta in anticipation of a permanent, larger structure to be built in the future. The Main Office of Richton Bank & Trust Company began remodeling in 2004 and expanded its facility from 6,000 square feet to 11,500 square feet. The Town of Richton began leasing the Town Square property from Richton Bank & Trust for $1 a year in 2004, as well. In May 2005 Richton Bank & Trust Company purchased a lot in Petal located on Highway 42 in order to build a branch to better serve its customers in the Petal area.
Main Office
114 South Front Street
P.O. Box 527
Richton, MS 39476
Phone: 601-788-3000
Fax: 601-788-5822
North branch in Richton
809 North Front Street
Richton, MS 39476
Phone : 601-788-3000
New augusta branch
202 Pine Street West
P.O. Box 388
New Augusta, MS 39462
Phone : 601-788-3000
Fax : 601-964-8855