Renasant Recognized as a National Top 20 Small Business Lending Bank
TUPELO, Miss., June 17 /PRNewswire-FirstCall/ -- Renasant (Nasdaq: RNST) was recently recognized on Entrepreneur Magazine's website, Entrepreneur.com, as one of the top 20 nationwide small business loan leaders. The rankings were based on the Small Business Association's most current study on small-business lending activities, Small Business and Micro Business Lending in the United States. Small business loans are defined as business loans of less than $1 million, while micro business loans are defined as business loans of less than $100,000.
"One of our major focuses at Renasant has always been serving and lending to the small business owner entrepreneur and his or her family and employees," said Renasant Chairman and CEO, E. Robinson McGraw. "We're proud to be recognized as a top 20 small business bank in the nation and our commitment to working with small business owners will continue to be a top priority for Renasant."
The report from Entrepreneur.com/bestbanks:
At some point in your entrepreneurial life, chances are you're going to need to acquire a loan in order to get your business off the ground or keep it going strong. And if that point is now, when so many banks are clamping down on credit, the task may seem near insurmountable. The good news is, while they may be fewer and farther between, there are still banks out there that believe in entrepreneurs like you-and you'll find them here in our rankings of the best small business banks.
Top 20 Nationwide Small Business Loans Lenders
|
Bank |
Location |
No. of Loans |
$ Value of Loans (1,000) |
|
|
American Express Bank FSB |
Salt Lake City, UT |
2,578,159 |
$11,030,000 |
|
|
Pitney Bowes Bank |
Salt Lake City, UT |
1,194,240 |
$427,025 |
|
|
Capital One Bank USA NA |
Glen Allen, VA |
1,118,119 |
$3,268,239 |
|
|
Advanta Bank Corp . |
Draper, UT |
178,483 |
$755,423 |
|
|
BB&T Financial FSB |
Columbus, GA |
170,246 |
$399,615 |
|
|
Wright Express Financial Services Corp. |
Salt Lake City, UT |
165,552 |
$1,198,980 |
|
|
Discover Bank |
Greenwood, DE |
131,041 |
$415,942 |
|
|
Wells Fargo Bank Northwest NA |
Ogden, UT |
98,578 |
$2,489,000 |
|
|
Eaton National Bank & Trust Co. |
Eaton, OH |
45,923 |
$56,318 |
|
|
First-Citizens Bank & Trust Company |
Raleigh, NC |
32,953 |
$2,622,570 |
|
|
Sweet Water State Bank |
Sweet Water, AL |
28,512 |
$28,542 |
|
|
Innovative Bank |
Oakland, CA |
19,985 |
$112,062 |
|
|
First National Bank |
Greenville, PA |
17,851 |
$1,567,606 |
|
|
Transportation Alliance Bank |
Ogden, UT |
14,315 |
$254,549 |
|
|
People's United Bank |
Bridgeport, CT |
14,054 |
$2,212,083 |
|
|
VisionBank |
Topeka, KS |
9,523 |
$30,988 |
|
|
Tennessee Commerce Bank |
Franklin, TN |
6,535 |
$458,459 |
|
|
Renasant Bank |
Tupelo, MS |
5,948 |
$1,014,619 |
|
|
Hanmi Bank |
Los Angeles, CA |
5,557 |
$1,265,520 |
|
|
First Bank |
Troy, NC |
5,469 |
$486,275 |
|
ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank and Renasant Insurance. Renasant has assets of approximately $3.6 billion and operates over 65banking, mortgage, insurance and financial services offices in Mississippi, Tennessee and Alabama.
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Contacts |
For Media: |
For Financials: |
|
|
John Oxford |
Stuart Johnson |
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|
Vice President |
Senior Executive Vice President |
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Director of External Affairs |
Chief Financial Officer |
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(662) 680-1219 |
(662) 680-1472 |
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joxford@renasant.com |
stuartj@renasant.com |
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SOURCE Renasant Corporation