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 65 banking,
mortgage, insurance and financial services offices in Mississippi, Tennessee and Alabama.
|
Contacts
|
For Media:
|
For
Financials:
|
|
|
John
Oxford
|
Stuart
Johnson
|
|
|
Vice
President
|
Senior Executive Vice
President
|
|
|
Director of External
Affairs
|
Chief Financial
Officer
|
|
|
(662)
680-1219
|
(662)
680-1472
|
|
|
joxford@renasant.com
|
stuartj@renasant.com
|
|
|
|
|
|
SOURCE Renasant Corporation