Hancock Bank dedicates new technology center on Katrina anniversary
Hancock Bank dedicated its new technology center on Katrina anniversary. The 37,390-square-foot structure built in less than nine months is located on nearly 100 acres of land in west Harrison County. The structure can withstand high speed winds equivalent to a F3 tornado and also has other emergency features to monitor storms, cooling units, a back-up system with UPS (uninterruptible power system), and other emergency equipment. Hancock Holding Company is headquartered in South Mississippi and is the parent company of Hancock Bank Mississippi, Hancock Bank of Louisiana, Hancock Bank of Alabama, and Hancock Bank of Florida. With more than $6 billion in assets, the bank is dedicated to serving many of the communities affected by Katrina.
WSFS Financial Corp. appoints new Director of Human Capital Management.
WSFS Financial Corp., the parent company of WSFS Bank, has hired Peggy H. Eddens who will join the executive management team as executive vice president and director of human capital management. Eddens started her financial services career with Mellon Bank in Pittsburgh where she served at various training and human resources management positions and later went to become the first vice president and regional human resources director at Citizens Bank. Prior to joining WSFS Financial she worked as senior vice president of human resources and development at Nextier Bank in Butler, PA. WSFS Financial Corp is a $3.0 billion financial services company operating 29 retail-banking offices through its principal subsidiary Wilmington Savings Fund Society.
SCBT Financial to buy The Scottish Bank
SCBT Financial Corp., based in Columbia, SC, will expand its North Carolina presence by purchasing the Scottish Bank Financial Corp., the holding company for the Charlotte bank, in a deal valued at more than $43 million. According to the agreement, the Scottish Bank shareholders will get 939,372 shares of SCBT common stock and $9.4 million in cash. Post merger, The Scottish Bank will retain its name and operate as a subsidiary of SCBT. SCBT Financial has 45 branches in 16 South Carolina counties with assets worth $2.3 billion.
