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Summit Bank
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location iconPanama City, Florida
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About 142 years ago, in the back of a hardware store in Verona, Mississippi, a new approach to banking was born – an approach built on longevity and the principle that neighbors should help neighbors. It was based on the idea that to better serve a customer is to understand what is right for them. BancorpSouth acquires Texas First State Bank, expanding its market presence in Waco, Texas and Killeen-Temple, Texas metropolitan statistical areas.

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Summit Bank - Recent News & Articles

China keeps benchmark lending rates unchanged as it contends with a weakening yuan

The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...

Source: CNBC

Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation

In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...

Source: CNBC

A big failures. Now come the hearings

President Joe Biden said he believes his administration has done a “pretty damn good job” working to resolve the banking crisis and said he thinks it will “take a little while for things to just calm ...

Source: BankerAdvisor

Norway's $1.2 trillion fund sets 2050 net zero target

Source: BankerAdvisor