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Planters Bank and Trust Company opened its doors for business in 1920 in Ruleville, Mississippi. In July 1920, the bank had total assets of $268,000. As of December, 2013, the figure has grown to over $750,000,000.00. The bank is now headquartered in Indianola. The bank began to expand into a “system” of banks serving the Central Mississippi Delta region when it opened a branch in Indianola in 1940. In 1941, a branch office was opened in Sunflower, and in 1951, a branch was opened in Louise. The bank expanded to Greenville in 1970 and purchased the Inverness branch from Deposit Guaranty National Bank in 1986. The Cleveland branch opened in 1996 with Greenwood and Leland opening in 1999. The bank now has a total of thirteen full service offices in nine Delta communities. A one-bank holding company, “Planters Holding Company,” was formed in early 1981. Planters Holding Company now owns 100% of the common stock of Planters Bank and Trust Company. Planters Holding Company operates at the same address as the bank office in Indianola.
MidFirst Bank occupies a rare position within the banking industry. With more than $32.1 billion in assets, MidFirst Bank is the largest privately owned bank in the country. This combination of size and private ownership provides our customers with a special brand of banking. MidFirst Bank offers a full range of personal, commercial, trust, private banking and mortgage banking products and services. MidFirst is a strong commercial real estate lender and a major servicer of mortgage loans nationally. MidFirst has banking centers in Oklahoma, Arizona, California, Colorado and Texas, and provides commercial lending, wealth management, private banking and mortgage service nationally. Additionally, the bank serves Southern California through 1st Century Bank, a division of MidFirst Bank, and offers asset-based lending nationally through an Atlanta-based subsidiary MidFirst Business Credit, formerly Presidential Financial Corporation. While our services compete with those of larger banks, our people and culture truly define the MidFirst Bank difference. MidFirst provides exceptional financial and deeply committed customer service. Our team members are loyal in their character, loyal in their personal commitment to our customers, and loyal to always doing the right thing. MidFirst customers can always count on working with thoughtful, intelligent, honest professionals who are true to their financial goals. MidFirst Bank is a strong supporter of the communities we serve, investing time and money in important educational, charitable and civic organizations. Our volunteerism is powered by MidFirst employees from all of the communities in which we live and share with our customers.
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