BankFirst, which was founded in Macon in 1888, has moved its corporate offices to Columbus.
The bank, the state’s seventh-largest by deposits, said it will keep its operations center in Macon.
BankFirst, with assets of $733 million, deposits of $628 million and loans and leases of $518 million, has 13 branches, including a handful in central Mississippi.
Said the bank:
We are as committed to our customers today as our founders were 125 years ago, and these strategic changes reflect that,” states BankFirst President and Chief Executive Officer Moak Griffin. “A home base that’s more centralized and accessible to most of our branches enhances our efficiency, enabling us to serve our patrons better. Growth and positive change are essential to our goal of providing all the advantages of modern banking, strengthened with individual relationships and community investment.”
BankFirst also welcomes two new members to key positions on its executive team – Marcus Mallory, Executive Vice President/Commercial Banking; and Jim McAlexander, Executive Vice President/Retail Banking and Branch Administration.
“Marcus and Jim are not only seasoned bankers who are highly experienced in the financial industry, they are also longtime citizens of this region who have a strong interest in seeing it prosper,” observes Griffin.
Mallory has been in the financial field since 1989, most recently as executive vice president, state executive and Starkville office president for a local financial institution. He is chairman of the Mississippi State University (MSU) Finance & Economic Advisory Board and is a member of the Business and Industry Political Education Committee. He has served on the boards of the Mississippi Bankers Association, the Columbus Lowndes Economic Development Association and the Greater Starkville Development Authority.
“As a long-time resident of the Golden Triangle, I look forward to working with the BankFirst team and its customers,” he remarks. “Our ability to offer competitive and relevant financial products in addition to our emphasis on local decision making is an advantage. This has proven true over the past several years, and we eagerly anticipate telling our story to potential new clients while continuing to serve our existing loyal base.”
McAlexander brings 25 plus years of banking experience, where his roles included president and senior credit officer of a local Columbus banking center. During this tenure he also served as a
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member of the executive strategic planning and compliance committees. He is past chairman of the Golden Triangle Development Link and continues in a leadership role as a member of the executive committee. He also serves as chairman of the Baptist Memorial Hospital Advisory Board. Other recent involvements include the Tri-County Steering Committee for Regional Economic Development, The Trust, the MSU Finance & Economic Advisory Board and the Mississippi University for Women College of Business Advisory Board.
“With a commitment to local investors, a local executive management team and a common sense approach to local decision making, BankFirst is strategically positioned to continue its success as well as influence the growth of our communities,” comments McAlexander. “As a community bank, we can focus on ‘relationship banking’ rather than a ‘one size fits all’ approach. Our knowledge of intangibles – such as local markets, individual character, family history and others – allows for better judgment in managing risk and typically results in quicker and more flexible decisions for our customers.”
The complete BankFirst executive team includes Moak Griffin, President & Chief Executive Officer; Mary Ann Gray, Chief Operating Officer/Chief Financial Officer; Gray Flora, Executive Vice President/Chief Investment Officer; Charlie Holmes, Executive Vice President/Credit Administrator; Raymond VanNorman, Executive Vice President/Chief Credit Officer; Jim McAlexander, Executive Vice President/Retail Banking and Branch Administration; and Marcus Mallory, Executive Vice President/Commercial Banking.