FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


BancorpSouth Merges with National United Bancshares, FNS Bancshares

May 04, 2021, 07:10 AM
Filed Under:

BancorpSouth Bank has completed its previously announced mergers with National United Bancshares, Inc., the parent company of National United, and with FNS Bancshares, Inc., the parent company of FNB Bank.

"We're pleased to announce the completion of these two mergers, which represent positive steps forward in our growth strategy," said BancorpSouth Chairman and Chief Executive Officer Dan Rollins. "Both National United and FNB Bank are excellent complements to our existing company. By combining with them, we're able to expand our presence in key markets and align with respected bankers who share our commitment to service."

"We're pleased to join BancorpSouth's team and have the ability to provide expanded banking services to our customers in Central Texas and additional growth opportunities for our employees," said BancorpSouth Area Chairman Eugene Worthington, former President and Chief Executive Officer of National United. "This has been a positive experience for everyone involved and will provide significant long-term value for our stakeholders."

Steve Rownd, BancorpSouth president - Tennessee Valley division and former Chief Executive Officer of FNS, added, "The completion of this merger is a great accomplishment for our organization. We're pleased to be partnering with a strong, growing company like BancorpSouth and feel confident that this combination will be beneficial to our employees, customers and communities across Alabama, Georgia and Tennessee."

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.