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FOR
IMMEDIATE RELEASE
May 20, 2007
Hancock
Bank of Alabama starts construction at downtown office
MOBILE, AL (March 20, 2007)
- A familiar beacon of Gulf Coast financial services excellence
will soon further spotlight Mobile's downtown renaissance
as Hancock Bank of Alabama opens its full-service financial
center on the corner of St. Emanuel and Dauphin streets near
historical Bienville Square next month.
At
last week's Mobile Area Chamber of Commerce Breakfast with
the Mayor, local Hancock senior lending officer Jerry Broughton
announced that Hancock Bank has begun construction and renovations
at the St. Emanuel Place site and expects to open the 3,650-square-foot
financial district office by mid-April.
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New Light in Town
- Construction and renovations began last week on Hancock
Bank of Alabama's St. Emanuel Place full-service financial
center in downtown Mobile near historic Bienville Square.
Scheduled to open in mid-April, the new branch at 127
Dauphin Street launches the 108-year-old Gulf Coast bank's
expansion into the thriving metropolitan Mobile and Eastern
Shore markets during 2007. (photo by David Thornton). |
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Hancock Bank of Alabama sponsored the breakfast, the first
gathering for this new quarterly Chamber function.
"We
are very proud to partner with the Chamber for this event.
Hancock Bank has facilitated commerce and opportunities for
people across the Gulf Coast since 1899. We share a common
Gulf South heritage with the people and places of this area,
and we look forward to helping the downtown and metropolitan
communities grow and prosper," said Broughton.
One
of several new Hancock Bank of Alabama locations anticipated
throughout Mobile and Baldwin counties in 2007, the downtown
branch will offer all of Hancock's comprehensive financial
solutions, including traditional banking, consumer and commercial
loans, mortgage services, small business resources, trusts,
investments, estate planning, and a full array of wealth management
services. The company currently operates banking offices in
West Mobile's Piccadilly Square and Gulf Shores. Hancock's
coastal Alabama expansion forges a vital link between the
company's south central Louisiana and South Mississippi markets
and locations across the Florida Panhandle, including Pensacola
and Tallahassee.
"Hancock has always maintained a strong I-10 corridor
presence to offer customers the convenience of 150-plus banking
and financial services offices and more than 130 ATMs across
four states. Our corporate values of honor and integrity,
strength and stability, commitment to service, teamwork, and
personal responsibility reflect the traditions of this area.
We uphold a strong community banking way of doing business
backed by the extensive, innovative resources of a regional
financial services leader," said Broughton.
He
added that the lighthouse prominent in Hancock's logo since
the early 20th century symbolizes the company's longstanding
distinction as a catalyst for economic opportunity and reiterates
Hancock's dedication to a founding ideology based on strategic
vision, accountability, and community commitment. Historically,
lighthouses, railroads, and ports were among the first indicators
of an area's importance as a hub for commerce.
About
Hancock Bank
Hancock
Holding Company - parent company of Hancock Bank of Alabama,
Hancock Bank Mississippi, Hancock Bank of Florida, and Hancock
Bank of Louisiana - has assets of more than $6 billion. Bank
subsidiaries include Hancock Investment Services, Inc., Hancock
Insurance Agency, and Harrison Finance Company. Additionally,
the company operates corporate trust offices in Gulfport,
MS, Jackson, MS, New Orleans, and Baton Rouge. Hancock's trust
department, a division of the wealth management group, has
assets of $7.4 billion, with assets under management of $2.31
billion, as of December 31, 2006.
Founded
October 10, 1899, Hancock Bank is the only financial services
company headquartered in the Gulf South to rate among the
top 20 percent of America's top performing banks. Hancock
consistently ranks as one of the country's strongest, safest
financial institutions, according to Veribanc, Inc., and BauerFinancial
Services, Inc. Thomson Financial also recently listed Hancock
as the ninth largest corporate trustee bank in the U.S. Dave
Lundgren, who manages the Hancock Horizon Funds (Hancock's
proprietary mutual funds), earned accolades from Barron's
as one of the nation's top-100 funds managers.
More
corporate information and online banking are available at
www.hancockbank.com.
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FOR
MORE INFORMATION
R. Paul Maxwell, VP & Corporate Communications
Manager
228.563.7953 or paul_maxwell@hancockbank.com
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