Renasant Stacks $6B In Assets With First M&F Merger

Law360, New York (September 3, 2013, 2:53 PM EDT) -- Mississippi-based financial institution Renasant Corp. has completed a merger with bank holding company First M&F Corp., placing the combined company's value at $5.8 billion in total assets, Renasant announced Tuesday.

The merger, which closed Sunday, adds $1.6 billion in assets, $1.4 billion in deposits and 42 banking and insurance locations to Tupelo, Miss.-based Renasant's banking franchises for a combined total of 130 banking, mortgage, financial services and insurance offices located throughout Alabama, Georgia, Mississippi and Tennessee.

Renasant Chairman and CEO E. Robinson McGraw said the deal...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.