Renasant Bank
| Company type | Subsidiary |
|---|---|
| Industry | Banking |
| Founded | 1904 |
| Headquarters | Tupelo , United States |
Area served | Alabama, Florida, Georgia, Mississippi, Louisiana, Tennessee, North Carolina, South Carolina |
| Products | Checking and savings accounts, credit cards, wealth management, digital banking, mortgage loans, treasury management, business banking |
| Parent | Renasant Corporation |
| Website | www |
Renasant Bank is a regional commercial banking institution in the United States, with its main office located in Tupelo, Mississippi. The bank operates an extensive network of more than 280 branches spread throughout Alabama, Florida, Georgia, Mississippi, Louisiana, Tennessee, North Carolina, and South Carolina. It functions as a subsidiary under Renasant Corporation and is connected to Renasant Nation, a media platform that offers various blogs and programs.
History
Originally established in 1904 under the name The Peoples Bank and Trust Company, Renasant grew significantly by acquiring numerous small community banks in Mississippi during the 1980s and 1990s. The year 2005 marked a pivotal expansion when it purchased Heritage Bank of Decatur, Alabama and Renasant Bancshares based in Memphis, Tennessee, adopting the Renasant Bank brand thereafter. Growth continued with the acquisition of Capital Bank located in Nashville, Tennessee in 2007.
Amid the financial downturn, Renasant took over Crescent Bank and Trust of Jasper, Georgia after its failure in 2010, followed shortly by American Trust Bank of Roswell, Georgia. Later acquisitions included Merchants and Farmers Bank from Kosciusko, Mississippi (2013), Heritage Bank of the South situated in Albany, Georgia (2015), as well as Keyworth Bank from Johns Creek, Georgia and BrandBank based in Lawrenceville, Georgia during 2018, which collectively brought an additional 13 branches.
In early 2025, Renasant completed its largest consolidation by acquiring The First Bancshares, Inc., the parent company of The First Bank headquartered in Hattiesburg, Mississippi. This deal contributed over $8 billion in assets along with 111 new branches and expanded Renasant’s footprint into Louisiana.
Currently, Renasant oversees assets totaling roughly $26.0 billion and maintains a branch network exceeding 280 locations across eight states. Additionally, it offers nationwide services including factoring and asset-based lending.
Services offered
Renasant Bank delivers a variety of financial products such as checking and savings accounts, credit card options, wealth management services, and digital banking. Mortgage offerings encompass conforming, FHA, jumbo, VA, and USDA loans alongside HELOCs. For corporate clients, the bank provides treasury management and business banking solutions.
Asset history
| Year | Reported Assets |
|---|---|
| 1954 | $3 million |
| 1973 | $73 million |
| 2003 | Over $1 billion |
| 2007 | $3.4 billion |
| 2012 | $4.2 billion |
| 2016 | $8.69 billion |
| 2017 | $9.82 billion |
| 2018 | $12.93 billion |
| 2019 | $13.40 billion |
| 2025 | $26 billion |