2020 Journal of Community Bank Studies

2020 COMMUNITY BANK CASE STUDY COMPETITION

1 ST PLACE Mississippi State University

Bank Background Citizens National Bank of Meridian, MS (CNB) was founded in 1888 by a group of businessmen and farmers with one goal in mind, “to be an economic engine that creates growth and development in the Mississippi” (yourcnb.com). This “engine” is built upon a foundation of trust with its customers and their communities. CNB acts as a partner to the growth of its communities by providing what large one-size- fits-all banks cannot: flexible and responsive banking tailored to each business’s and individual’s needs. This competitive advantage provided by CNB is becoming increasingly valuable today. Since 1980, the number of bank organizations has decreased from 15,000 to approximately 4,500, approximately a 70% decrease (FRED). Today the top five banking institutions hold Citizens National Bank and the Bank Secrecy Act and Anti-Money Laundering Act

Students: Juan Benavides Liam Benson Byron McClendon

Jake Mlsna Kirk Wright Faculty Advisor: MatthewWhitledge, Ph.D.

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