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News
(BOTTOM ROW L TO R)
New Albany, Mississippi–
Recognizing that our city and county’s most precious resource is our
children, and realizing that the need to educate them to their fullest
potential is of utmost importance not only to our community but to our
state and nation as well, BNA Bank established the BNA Bank Scholarships
for deserving seniors who plan to attend college in Mississippi. BNA Bank receives award for helping seniors in the community
L TO R New Albany, Mississippi – BNA Bank is pleased to announce the honor of receiving the Community Impact Award from the Senior Housing Crime Prevention Foundation. The award was presented to bank President James R. (Bo) Collins on April 7, 2008 at BNA Bank in downtown New Albany. BNA Bank received this award for its support of the Senior Housing Crime Prevention Foundation. The bank provides the necessary funding to support the Senior Crime Stoppers Program for seniors residing in Graceland Care Center in New Albany. “We have always viewed this investment as a wonderful opportunity to make a significant positive impact in the senior housing community,” said BNA Bank President James R. Collins. “We are very proud to partner with the crime prevention foundation on this worthy cause.” The mission of the Senior Housing Crime Prevention Foundation (SHCPF) is to provide safe, secure living environments for senior housing residents through sponsorship of the Senior Crimestoppers program. The SHCPF is a non-profit organization based in Memphis, Tennessee. Using the Foundation vehicle, banks make it possible for the Senior Crimestoppers program to operate in participating nursing homes for the benefit of their residents. Crime against the most vulnerable citizens in our society, the elderly, is a longstanding, constant battle that can be reduced and eliminated through the operation of the Senior Crimestoppers program in nursing home facilities and HUD properties. Senior Crimestoppers has a zero tolerance-to-crime platform and uses personal lockboxes for the residents, cash rewards paid anonymously for information about any crime incident, and effective, on-going education to accomplish its results. The program currently operates in over 4,000 nursing home and HUD facilities in 45 states and has reduced all aspects of crime by a certified 91.38% through December 31, 2007.
BNA Bank Announces Plans for New Highway 15 Banking Center BNA Bank is expanding its presence in Union County with a new full-service financial services center on Highway 15 in New Albany. The bank’s existing location on Highway 15 will be closed and the services provided there will be available at the new location. The banking center, scheduled to be open Summer 2008, will be BNA’s Financial Services Center housing BNA Insurance and Investments, Mortgage Loans, and Trust Services. In addition, traditional bank offerings such as teller services, drive-thru services, and ATM’s will be consolidated into this new location as the old East Branch is closed. “We are excited about this new location,” said BNA Bank President, James R. Collins. “Our bank is growing and we saw a definite need to have our insurance and investments, mortgage loans and trust services in one convenient location. Furthermore, our customers who have enjoyed the convenience of our existing Highway 15 location will continue to do so at this new location.” Ten banking professionals will staff the financial services center: Mike Alef, Vice President of Insurance and Investment Services; Brad Kennedy, Vice President and Trust Officer; Anne Mauney, Assistant Vice President and Mortgage Loan Officer; Jeanette Murphy, Branch Manager, Tina Ray, Mortgage Loan Assistant, and Account Services Representative; Ellen Buchanan, Insurance and Investments Representative; Alma Carter, Teller Associate; Christina Diaz, Teller Associate, Tammy Frain, Teller Associate and Darnell Wise, Teller Associate. The new center will be open Monday through Thursday, from 9 a.m. to 4:30 p.m., and on Friday from 9 a.m. to 5:30 p.m. Mast Construction of Tupelo was contracted to plan, design and build the facility. Founded in 1896, BNA Bank is a state chartered bank with nearly $365 million in assets. The bank has a capital to asset ratio of 12.9%. A diversified financial services company, BNA Bank provides consumer, commercial, insurance, retail investment, and trust services to personal and business banking customers. BNA Bank has 4 locations in Union County and one in Lee County. BNA celebrates the Grand Opening of it's Belden Banking Center
BNA Bank celebrated the Grand Opening of it's new Belden Banking Center November 13 - 16. A ribbon cutting was held on November 13 marking the begining of the week long celebration. Bank of New Albany Announces Name Change
The name change will be effective November 1, President James R. Collins said, calling the change “a strategic move designed to take the bank into the future and outside the bank’s geographic boundary.” The company further reiterated that the bank was not being sold and that this was simply a change in the name. The employees, leadership, and ownership of the bank are still the same. The change simply illustrates the bank’s recent decision to increase its footprint by opening a branch in Lee County and the need to have a name that will work in areas outside of Union County. “After much careful consideration and research,” remarked Collins, “the bank leadership determined that the name BNA Bank would allow us to keep as much of our identity as possible while still allowing us the ability to reach new customers outside our current market. To us, BNA Bank lets our current customers know we have not forgotten where we came from, but let’s our potential customers outside our traditional market know that we are strategically planning for a future that includes them,” stated Collins. Bank of New Albany is a state chartered bank with nearly $350 million in assets that was established in 1896. The bank has a capital to asset ratio of 13.54% and posted a 1.75% return on assets for 2006, placing it first in the state among all banks that are not S corporation banks. Bank of New Albany’s main office and two branch offices are located in New Albany and one branch is located in Myrtle, Mississippi. Bank of New Albany Belden Branch is scheduled to open in the fall of 2007. “We want all of our customers to know their bank will continue to deliver exemplary service with the same team of outstanding employees,” concluded Collins. Bank Of New Albany Announces New Office In Lee County, Mississippi Bank of New Albany is expanding its presence in North Mississippi with a new 4,000 square foot full service facility located at 3041 McCullough Boulevard in Belden, Mississippi. HBE Corporation of St. Louis, Missouri has been contracted to plan, design and build the facility with local subcontractors being utilized for all phases of construction. The Belden branch will concentrate on personal and small business financial services. In addition to traditional bank services, the branch will also offer mortgage loans, insurance and investment services, and trust services “The Belden branch of Bank of New Albany will allow us to better serve our current and future customers with the same personal, quick service we have always demonstrated,” said Bank of New Albany President James R. Collins. “We pride ourselves in quick turnaround on loans and attention to detail.” Bank of New Albany is a state chartered bank with nearly $350 million in assets that was established in 1896. The bank has a capital to asset ratio of 13.54% and posted a 1.75% return on assets for 2006, placing it first in the state among all banks that are not S corporation banks. “We are also pleased to announce that Senior Vice President Bill Robertson, a veteran in financial services, will serve as President of the Belden Branch,” said Collins. “Bill brings a wealth of financial knowledge and contacts to the bank. We are fortunate to have him.” Bank of New Albany’s main office and two branch offices are located in New Albany and one branch is located in Myrtle, Mississippi. Bank of New Albany Belden branch is scheduled to open in the fall of 2007. Bill Robertson Named President Of Bank Of New Albany Belden Branch
Robertson, a financial services veteran, will oversee the day-to-day operations of the Belden office as well as assist clients with commercial and real estate lending. “Bill brings a wealth of experience, contacts and knowledge to the Bank of New Albany,” stated bank President James R. Collins. “We are proud to have him a part of our team. He will have the authority to make decisions so that customers get the same quick turn around that they are accustomed to receiving in Union County.” Robertson has thirty years of experience in financial services. He is a graduate of The University of Mississippi, Southern Methodist University Graduate School of Banking in Dallas, Texas, the Mid-South School of Banking in Memphis, Tennessee and the University of Virginia Commercial Lending School in Charlottesville, Virginia. “Much of my financial services career has been in the state of Texas,” said Bank of New Albany Belden President Bill Robertson. “However, in the last few years I have been back in the North Mississippi area, and am now privileged to be with Bank of New Albany, my hometown bank.” The Bank of New Albany, a state chartered bank with nearly $350 million in assets, was established in 1896. The main office and two branch offices are located in New Albany and one branch is located in Myrtle, Mississippi. “All of us at Bank of New Albany look forward to serving our existing customers and developing new relationships at our new Belden office this fall,” continued Robertson. Bank Of New Albany Helps Keep Seniors Safe At Graceland Care Center New Albany, Mississippi– Thanks to the underwriting sponsorship of Bank of New Albany, more than 120 residents at Graceland Care Center in New Albany will live in a safer and even more secure environment. Bank of New Albany recently provided the Senior Housing Crime Prevention Foundation with the necessary funding to support the Senior Crime Stoppers Program for seniors residing in the care facility. “We view this investment as a wonderful opportunity to make a significant positive impact in the senior housing community,” said Bank of New Albany President James R. Collins. “This investment will help Graceland gain a greater sense of security with a program designed to deter crime long before it ever happens or even becomes a problem." The Senior Crimestoppers program is a group of coordinated components designed to reduce incidents of crime in senior housing settings. It is made up of several key components. One of these components is the provision of personal lock boxes - safe deposit boxes, if you will - for use by the residents and/or family members of a facility. Also included, as a standard part of the program is a totally anonymous, around the clock tips line call center. The tips line is an information conduit for facility management. Through it, anyone can provide any type of information completely anonymously about any type of problem that exists. If the information provided helps a facility solve or prevent an incident, the tipster qualifies for a no questions asked cash reward of up to $1,000 - another major component of the program. “The primary goal of the Foundation is to provide safe, secure living environments for individuals residing in senior communities,” said Donna Derryberry, vice president of the Senior Housing Crime Prevention Foundation. “That objective can only be met through the support of area businesses. We sincerely thank Bank of New Albany for their leadership in this area and its generous support of this initiative.” Karen Clayton, administrator for Graceland Care Center, supported those remarks and stated, “Graceland Care Center has always demonstrated high quality service and a secure living environment for its residents. This investment from Bank of New Albany only further demonstrates our commitment to maintaining a safe and secure environment for our residents.” For its efforts and commitment, Bank of New Albany will receive annually renewable Community Reinvestment Act credit. About Senior Housing Crime Prevention Foundation
Graceland Care Center Administrator Karen Clayton shows Police Chief David Grisham and Union County Sheriff Tommy Wilhite the lock boxes that will be made available to the residents through the program. The sole objective of the SHCPF is to reduce crime in the nation’s senior housing facilities and to provide on-going, effective crime prevention programs that promote safe, secure and high quality-of-life environments for senior housing residents. In part, this objective is accomplished by installing the highly successful Senior Crimestoppers program in facilities sponsored through CRA investments or loans to the SHCPF. Nationally, the Senior Crimestoppers program has reduced all incidents of crime in participating senior housing facilities by approximately 85 percent. The SHCPF is structured to provide a bank with qualified CRA consideration to address Lending, Investments, and/or Servicing test credit.
Here's how the program works: A bank investing or loaning funds to the SHCPF will be provided the entire balance of the yield from the collateral investment after 1.875% has been allocated for the Foundation’s crime prevention initiatives. In addition, the bank receives dollar-for-dollar CRA credit for the full amount invested and/or loaned, and the collateral is returned to the bank at the conclusion of the lending or investment period. Further, the bank may receive full CRA credit renewable for each calendar year the funds remain with the Foundation. A majority of the interest income earned by the SHCPF is used to cover expenses associated with the Senior Crimestoppers program. The Senior Crimestoppers program successfully operates in nursing homes, assisted living facilities and HUD housing venues across the country. The Senior Crimestoppers program, which began in 1994, now operates in more than 6,000 nursing homes, assisted living facilities and retirement communities in 48 states. It is endorsed by professional organizations including the American Association of Homes and Services for the Aging, several state affiliates of the American Health Care Association and the American College of Healthcare Administrators.
About Bank of New Albany
Charter Presentation
Bank Of New Albany Announces 2006-2007 Scholarship Winners
All graduating high school seniors who plan to attend college in Mississippi are eligible to submit an application. The applications are reviewed and scored based on the following criteria: ACT or SAT Composite Scores, Grade Point Average, student curriculum, financial need, extra-curricular activities, and work activities. “Our scholarship process is a very fair one,” remarked Senior Vice President Mike Staten. “We use out of town judges who review applications not knowing the student’s identity.” Bank of New Albany awards a $500.00 scholarship to a senior at each of the four high schools located in our county and two $500.00 scholarships to two seniors at New Albany High School. This year’s recipients are:
New Albany: “We are proud to award scholarships to this group of very bright and deserving students,” said President James R. Collins. “These students represent some of the most outstanding youth in our community.” Photo: (Bottom Row L to R) Cierra Bradley, (New Albany); Anne Elise Parks, (New Albany); Gabbie Lindsey, (East Union); Kylie Browning, (Myrtle). (TOP ROW L TO R) Bo Collins, (President, Bank of New Albany); Cole Wilkerson, (West Union); Gloria Howell, (Ingomar); Amanda Kent (Bank of New Albany Marketing Director); Mike Staten, (Senior Vice President, Bank of New Albany). |
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