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Article: Madison County Bank growing steadily, opening new location
- Article from:
- The Mississippi Business Journal
- Article date:
- November 11, 2002
- Author:
CopyrightCopyright Mississippi Business Journal Nov 11, 2002. Provided by ProQuest LLC. (Hide copyright information)
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MADISON - With no history and nothing to build from, to say that Madison County Bank (MCB) is doing well would be an understatement.
Madison County Bank opened on Feb. 14, 2002, and is the only bank domiciled in Madison County. The bank will open a permanent location in March.
Less than one year in business, the bank already has a loan portfolio totaling more than $9 million and more than $12 million in deposits.
J. Keith Newcomb, MCB executive vice president and senior lender, has an idea why the bank has done as well as it has in such a short period of time.
"There's been a return to community banking," Newcomb said. "We knew there was a niche for service-oriented relationship banking."
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