BancorpSouth, headquartered in Tupelo, Mississippi, announced that Steve Nipper, community bank president of BancorpSouth in Magnolia, Ark., has taken the helm of the University of Arkansas Alumni Association Board of Directors, for a two-year term.

BancorpSouth is a $13.2 billion-asset financial holding company.

Nipper is a Magnolia native, graduating from the University of Arkansas in 1971 with an undergraduate degree in finance and banking and a master’s degree in business administration. He is also a graduate of the Southwestern Graduate School of Banking and the national Commercial Lending School.

Nipper’s professional and community service leadership roles have been exemplary. He has served in numerous leadership roles including service as president of the Little Rock Jaycees, a member of the Magnolia Regional Medical Center Board of Commissioners, a member of the Magnolia Arts Council Board, president of the Magnolia United Way and president of the Magnolia/Columbia County Chamber of Commerce. Additionally, he has worked with Leadership Magnolia and served the Columbia County Community Foundation Board. He has been appointed twice by Arkansas governors in state leadership positions (Commission for Arkansas’s Future appointed by Gov. Bill Clinton and the Arkansas Science and Technology Authority appointed by Gov. Jim Guy Tucker). Nipper was recognized as Magnolia’s 2004 Citizen of the Year.

“I am humbled and honored to be elected president of the Alumni Association, I am certainly proud to be able to serve. It is gratifying to find a way to give back to my university, which has given me the foundation for my career.”
– Steve Nipper, community bank president of BancorpSouth in Magnolia, Ark.

See the Complete press release at Nipper Named President of the University of Arkansas Alumni Association Board of Directors

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The Mississippi Red Cross in Tupelo is struggling financially, after supporting local communities through floods and tornado damage. So the Mississippi Red Cross just started restructuring, consolidating chapters down to five.

According to a WTVA report, the Red Cross Regional Director they will always have a presence in the area, no matter what happens to local donations.

The Tupelo Red Cross can be contacted at 4127 Westside Drive, Tupelo, MS 38801-7029 or by phone at (662) 286-6441

See the report: Red Cross Remains Strong, Despite Consolidation

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BancorpSouth, the Tupelo financial holding company with over $13 billion in assets, re-elected BancorpSouth Insurance Services president Markham McKnight as treasurer of the Louisiana Insurance Guaranty Association board.

“The re-election of Markham McKnight to the office of Treasurer is an indication of the association’s faith in his outstanding leadership capabilities.”
BancorpSouth’s James Threadgill, Vice Chairman, Financial Services.

McKnight’s knowledge and 28 years of experience made BancorpSouth Insurance Services highly ranked nationwide. McKnight also leads Wright and Percy Insurance, a division of BancorpSouth Insurance Services, Inc.

BancorpSouth Bank, the company’s wholly-owned subsidiary, operates 314 commercial banking, mortgage, insurance, trust and broker/dealer locations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, and an insurance location in Illinois.

BancorpSouth common stock is traded on the New York Stock Exchange under the symbol BXS.

The Louisiana Insurance Guaranty Association (“LIGA”) is a private, non-profit entity that creates a safety net for insurance consumers if their insurer becomes insolvent during the period of their policy coverage. Its mission is to pay covered claims of insolvent property and casualty insurance companies in a prompt, courteous and caring manner at a fair and equitable cost, and also aid the Insurance Department in the detection and prevention of insurer insolvencies.

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