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MS HC35
Concurrent Resolution
Status
Passed
2/27/2025
Primary Sponsor
Jody Steverson
Click for details
AI Summary
- Commends The Peoples Bank of Ripley on its 100th anniversary, founded on April 23, 1925, by attorney Fred Smith securing a state charter to establish a commercial bank in Ripley, Mississippi
- Bank survived the Great Depression and 2008 Great Recession while growing from a bare-bones operation to six branches with approximately 80 employees and over $500 million in assets
- Bank holds 75% market share in Tippah County and has made charitable contributions to municipal infrastructure, school computer labs, scholarships, and other community causes
- Resolution recognizes the bank's century of continuous service to families and businesses in Tippah County and its commitment to providing personal banking experiences
- Copies of the resolution to be provided to The Peoples Bank of Ripley and the Capitol Press Corps
Legislative Description
The Peoples Bank of Ripley; commend on 100th anniversary.
Last Action
Enrolled Bill Signed
2/27/2025
Committee Referrals
Rules2/13/2025
Rules1/29/2025
Full Bill Text
No bill text available