Mendenhall Branch Grand Opening

Our brand new Mendenhall branch recently opened its doors for business. Below is a brief history of POB and some photos from the grand opeing.

HISTORY OF PRIORITYONE BANK

Bank of Simpson County was formed by a group of Simpson County citizens and started operation in 1975 and branched into Mendenhall in 1978.   In 1987 State Bank & Trust Company of Collins was purchased by Bank of Simpson County.  This expanded the bank to five branches serving Simpson and Covington counties.  In 1994 the same group of principal shareholders who owned both Bank of Simpson County and Citizens Bank & Trust Company in Morton merged the banks. The three banks, State Bank & Trust Company, Bank of Simpson County and Citizens Bank & Trust Company became Citizens State Bank in 1994. The resulting bank had $125 million in total assets with a total of ten branches.  The bank’s service area was then Simpson, Scott, Rankin and Covington counties with the home office being in Magee, MS.  To set us apart from our competition, the name of the Bank was changed from Citizens State Bank to PriorityOne Bank.

Since 1975 the bank has seen tremendous growth due to our loyal customers and dedicated employees.  Currently, PriorityOne has $505 million in total assets and approximately 170 full-time employees with eleven offices.  The bank has most recently expanded with new branches in Richland, MS and Hattiesburg, MS and has purchased a lot for future expansion in Hattiesburg.  Also, PriorityOne acquired The Mortgage Centre, a mortgage lending company based in Hattiesburg with a branch in Brandon.  PriorityOne Insurance Agency is a division of the bank and the bank owns a significant interest in Title Services, LLC and Commercial Title Services.  The Bank operates a separate operations center located across the street from the main office and occupies additional office space in downtown Magee.  The bank has a contractual partnership arrangement with Raymond James Financial Services to provide alternative investments such as fixed annuities, variable annuities, mutual funds, stock brokerage services, financial planning, life insurance and long term health insurance.

PriorityOne Bank is proud of the fact that it remains an independent community based bank that is expanding and growing to serve the vast financial needs of customers in Central and South Mississippi.  Local banking is what separates PriorityOne from other banks in our market.  We are proud of the fact that we are the number one Community Bank in terms of market share in the markets we serve.