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Release

News

FOR FURTHER INFORMATION
CONTACT - Susan B. McCollum
314-444-8688

94-34

FOR IMMEDIATE RELEASE
St. Louis, Missouri, April 15, 1994 -- The Federal Reserve Bank of St. Louis ,
acting pursuant to delegated authority for the Board of Governors of the Federal
Reserve System, today approved the application of BancorpSouth, Incorporated,
Tupelo,

Mississippi,

for

its

subsidiary,

Bank

of

Mississippi,

Tupelo,

Mississippi, to purchase certain assets and assume the deposit liabilities of the
Main, Oxford, Senatobia, County Line, and North Jackson, Mississippi branch
offices of Security Federal Savings and Loan Association, Jackson, Mississippi.
This application was filed pursuant to Section S(d)(3) of the Federal Deposit
Insurance

Act,

as

amended

Improvement Act of 1991,

by

the

Federal

Deposit

Insurance

Corporation

and was processed under emergency procedures

for

immediate action.

*


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Post Office Box 442

*

*

• St. Louis, Missouri 63166

•

314/444-8444