Bank in Holmes County reverses decision to close

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A bank in Holmes County that was set to close later this month isn’t closing after all thanks to a Mississippi congressman.

According to WLBT, the BankPlus in Pickens will remain open after Congressman Bennie Thompson filed a complaint with the Department of Treasury and the Consumer Financial Protection Bureau.

Thompson confirmed Sunday morning that the ruling to close the BankPlus had been reversed.

“Upon reconsideration, they will keep the branch open. The citizens of Pickens are very happy. Mayor [Paulette] Moore was a great partner in this effort,” Rep. Thompson said.

Thompson argued that the bank received over $300 million dollars in federal grants for the sole reason of investing into low income communities.

1 comment
  1. Ellen
    Ellen
    December 23, 2023 at 7:22 AM

    Are any of the banks in Holmes County using community reinvestment act dollars to invest in community? What does that look like in Holmes County? How 🤔 will we know?

    Reply

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