Renasant Bank


209 Troy Street
Tupelo, MS 38801
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.03% 0.65% →
1-Year CD 0.25% 0.70% →
2-Year CD 0.25% 0.75% →
5-Year CD 0.25% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Renasant Bank is an FDIC insured institution located in Tupelo, MS. It was founded in 1904 and has approximately $14.92 billion in assets. Customers can open an account at one of its 167 branches.

FDIC Insured Yes
FDIC Certificate # 12437
Date Established 1904
Assets $ 14.92 billion
Loans $ 11.18 billion
Deposits $ 12.19 billion
Capital $ 2.31 billion

For a more detailed analysis of Renasant Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - June 20, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
0.03% $2,500 $4,999 Learn More
Money Market
0.03% $10,000 $14,999 Learn More
Money Market
0.03% $25,000 $29,999 Learn More
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.15% $100,000 $199,999 Learn More
Special: 9 Mo CD
0.40% $5,000 - Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.25% $100,000 $199,999 Learn More
18 Mo CD
0.25% $10,000 $14,999 Learn More
18 Mo CD
0.25% $100,000 $199,999 Learn More
24 Mo CD
0.25% $10,000 $14,999 Learn More
24 Mo CD
0.25% $100,000 $199,999 Learn More
30 Mo CD
0.25% $10,000 $14,999 Learn More
30 Mo CD
0.25% $100,000 $199,999 Learn More
36 Mo CD
0.25% $10,000 $14,999 Learn More
36 Mo CD
0.25% $100,000 $199,999 Learn More
48 Mo CD
0.25% $10,000 $14,999 Learn More
48 Mo CD
0.25% $100,000 $199,999 Learn More
60 Mo CD
0.25% $10,000 $14,999 Learn More
60 Mo CD
0.25% $100,000 $199,999 Learn More


Loan Rates - June 20, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Renasant Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Note to Renasant Bank
To upload and update your bank's rates please register. It is free to register and add rates.


Renasant Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Renasant Bank Locations

Financial Details

Renasant Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Renasant Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Renasant Bank U.S. Bank Average
2.47% 5.49%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2020, Renasant Bank had $55,470,000 in non-current loans and $5,972,000 in owned real estate. To cover these potential losses it had $2,306,729,000 in equity and $176,144,000 in loans loss reserves. That gives it a Texas Ratio of 2.47%.

Return on Equity
Renasant Bank U.S. Bank Average
4.15% 9.24%

Renasant Bank has a Return on Equity of 4.15% versus the BestCashCow average of 9.24%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Renasant Bank U.S. Bank Average
15.46% 11.96%

Renasant Bank has a Capitalization of 15.46% versus the BestCashCow average of 11.96. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Renasant Bank Balance Sheet Analysis

As of December 31, 2020, Renasant Bank had assets of $14,916,368,000, loans of $11,175,274,000, and deposits of $12,187,400,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2020
Cash & Balances due from depository institutions $ 632.36 million
Interest-bearing balances $ 455.99 million
Total securities $ 1,336.28 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 11.18 billion
Loan loss allowance $ 176.14 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 5.97 million
Goodwill and other intangibles $ 1,034.56 million
All other assets $ 431.42 million
     Total Assets $ 12.61 billion
Total deposits $ 12.19 billion
      Interest-bearing deposits $ 8.38 billion
      Deposits held in domestic offices $ 12.19 billion
      % insured (estimated) 73.11%
Federal funds purchased and repurchase agreements $ 21.34 million
Trading liabilities N.A.
Other borrowed funds $ 152.17 million
Subordinated debt N.A.
All other liabilities $ 248.73 million
      Total Liabilities $ 12.61 billion
      Shareholders’ Equity $ 2.31 billion

Summary Income Statement

December 31, 2020
Total Interest Income $ 498.06 million
Total Interest Expense $ 58.94 million
Net interest income $ 439.12 million
Provision for loan and lease losses $ 86.85 million
Total non interest income $ 244.42 million
Total non interest expense $ 478.45 million
Pre-tax Net Operating Income $ 118.24 million

Bank Loan Profile?

The top three loan types in Renasant Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks, Renasant Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 26.65
Credit Card Loans 0.00
Consumer Auto Loans 0.24
Small Business Loans 8.35
Construction and Development Loans 10.25
Commercial Real Estate 35.18
Commercial and Industrial Loans 22.35
Farm Loans 0.08

Frequently Asked Questions About Renasant Bank

Branches and Savings

Is Renasant Bank FDIC insured?

Yes. It is covered under FDIC Certificate #12437.

Why does Renasant Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Renasant Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Renasant Bank a commercial bank?


Where are Renasant Bank locations?

See branch locations nearby.

Is Renasant Bank open on Saturdays?

Is Renasant Bank open on Sundays?

What time does Renasant Bank open?

What time does Renasant Bank close?

Are Renasant Bank ATMs Open 24/7?

Do Renasant Bank ATMs accept cash deposits?

Can Renasant Bank customers use other ATMs?

Do Renasant Bank branches have notaries?

Will Renasant Bank notarize my document?

What address for Renasant Bank should I put for incoming ACH transfers?

Will the Renasant Bank branch print checks?

Do Renasant Bank checks expire?

Does Renasant Bank require US citizenship to open account?

Can Renasant Bank close my account?

Does Renasant Bank Report to credit bureaus?

Does Renasant Bank Use Equifax?

What is Renasant Bank's ACH Routing Number?

What is Renasant Bank's SWIFT code?


Does Renasant Bank offer mortgages?

Compare mortgage rates here.

Does Renasant Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Renasant Bank offer personal loans?

Compare personal loan rates here.

Does Renasant Bank offer student loans?

Will Renasant Bank cash a check?

Will Renasant Bank redeem a savings bond?

Does Renasant Bank cash savings bonds?

Will Renasant Bank cash money orders?

Can Renasant Bank issue a money order?

Does Renasant Bank do currency exchange?

Background on The Bank

Who owns Renasant Bank?

How long has Renasant Bank been around?

Can Renasant Bank transfer to other banks?

Does Renasant Bank have quick pay?

Does Renasant Bank accept rolled coins?

Will Renasant Bank accept loose change?

Where is Renasant Bank headquarters?

Customer Reviews for Renasant Bank

  • March 25, 2019 |

    CDs 37 Month Rates

    CDs shown are not offered in Knoxville area

Add Your Review

Rate it here →