Renasant Bank and BancorpSouth, headquartered across the street from each other, are leading a major renewal in Tupelo, MS. An abandoned mall has been repurposed as the BancorpSouth Arena, with a conference center and hotel. A new office, retail, entertainment and residential neighborhood includes the Renasant Center for Ideas, a business incubator. And by being located in the city core, both banks contribute to the city’s sales and property taxes, allowing for further public-sector reinvestment.
