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BancPlus Corporation

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BancPlus Corporation
Private
ISIN🆔
IndustryFinancial services
Founded 📆1909; 117 years ago (1909) in Belzoni, Mississippi
Founder 👔
Headquarters 🏙️1068 Highland Colony Parkway, ,
U.S.
Area served 🗺️
Key people
Brands
  • BankPlus
  • State Bank
  • First Bank and Trust
Revenue🤑 Increase US$306.926 million (2024)[1]
Increase US$81.162 million (2024)
Increase US$64,801 million (2024)
Total assetsIncrease US$7.927 billion (2024)
Total equityIncrease US$0.679 billion (2024)
Members
Number of employees
1,088 (December 2024)
🌐 Websitebankplus.net
📇 Address
📞 telephone
Footnotes / references
Financials as of December 31, 2024[1]

BancPlus Corporation is an American bank holding company founded on July 21, 1994, and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia, with operations primarily in the United States.

History

The company was founded as Citizens Bank and Trust Company in 1909. The name was changed to Citizens National Bank of Belzoni in 1965. In 1971, the name was changed to Citizens Bank & Trust Company, then finally to the current name, BankPlus in 1994. Similarly, the holding company was founded in 1982 as Citizens Financial Corporation. Then, the name was changed to the current name, BancPlus Corporation in 1994.[2]

Acquisitions

BancPlus Corporation acquired State Capitol Corporation in September 2019, completing the merger effective April 1, 2020. The leading bank, State Bank and Trust Company, merged with BankPlus.[3]

BancPlus Corporation acquired First Trust Corporation, parent company of First Bank and Trust, on March 1, 2022.[4][5]

Marketing

After acquiring First Bank and Trust, BankPlus renamed its local headquarters building on Poydras Street to BankPlus Tower.[6]

References

  1. 1.0 1.1 "BancPlus Corporation 2024 Form 10-K Annual Report" (PDF). U.S. Securities and Exchange Commission.
  2. Federal Financial Institutions Examination Council. "BancPlus Corporation - NIC". FFIEC. Retrieved 16 September 2025.
  3. Daily Leader Staff (16 June 2020). "State Bank completes merger with name change to BankPlus". The Daily Leader. Retrieved 16 September 2025.
  4. Santora, Tommy (13 November 2022). "Q&A: BankPlus' First Bank and Trust acquisition, economy". New Orleans City Business. Retrieved 16 September 2025.
  5. BancPlus Corporation (1 March 2022). "BancPlus Corporation Completes Acquisition of First Trust Corporation". BankPlus. Retrieved 16 September 2025.
  6. Riegel, Stephanie (25 January 2023). "New name on New Orleans skyline: See which Poydras Street tower is getting an updated sign". The Times-Picayune. Retrieved 16 September 2025.

External links


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