Banking Fintech News

BankFirst Capital Corporation Announces Entry Into Biloxi, Mississippi Market and Expansion of Oxford Mortgage Production Office to Loan Production Office

BankFirst Capital Corporation Announces Entry Into Biloxi, Mississippi Market and Expansion of Oxford Mortgage Production Office to Loan Production Office

BankFirst Capital Corporation, parent of BankFirst Financial Services, announced its entry into the Biloxi, MississippiĀ market with the opening of a loan production office (“LPO”).Ā  The Biloxi LPO opened onĀ September 27, 2021.Ā  In addition, BankFirst has expanded the services it provides from itsĀ Oxford, MississippiĀ mortgage production office (“MPO”) and converted the location to a loan production office.

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Moak Griffin, President and Chief Executive Officer of the Company, stated, “We are very excited to introduce our Bank and lending team to theĀ BiloxiĀ community.Ā Ā BiloxiĀ is a natural expansion of ourĀ MississippiĀ footprint, and we expect this market to provide us with additional growth opportunities going forward.” Ā With respect to the Oxford LPO, Mr. Griffin noted, “Since opening in 2018, ourĀ OxfordĀ location has enhanced our mortgage lending platform and demand for our loan products in theĀ OxfordĀ market has increased over time.Ā  Given this demand in the area, we determined that converting the Oxford MPO into an LPO and expanding our loan services inĀ OxfordĀ would benefit ourĀ OxfordĀ customers and the community as a whole.”

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BankFirst Financial Services, the wholly-owned banking subsidiary of BankFirst Capital Corporation, was founded in 1888 and is aĀ $1.8 billionĀ financial institution that is locally owned, controlled, and operated.Ā  The Bank is headquartered inĀ Columbus, Mississippi, with additional branch offices inĀ Flowood,Ā Hattiesburg,Ā Jackson,Ā Louin,Ā Macon,Ā Madison,Ā Newton,Ā Starkville, andĀ West Point, MississippiĀ and Addison, Aliceville, Arley, Bear Creek,Ā Carrollton, Curry, Double Springs, Gordo, Haleyville, Lynn, Northport, and Tuscaloosa, Alabama.Ā  The Bank also operates two loan production offices inĀ BiloxiĀ andĀ Oxford, Mississippi.Ā  BankFirst offers a wide variety of services for businesses and consumers.Ā  The Bank also offers internet banking, no-fee ATM access, checking, CD, and money market accounts, merchant services, mortgage loans, remote deposit capture, and more.

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[To share your insights with us, please write to sghosh@martechseries.comĀ ]

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