The mission and vision statements of BancorpSouth guide this bank into a successful developmental path through their emphasis on doing more to leave a legacy where it operates. With over a century in operations, this bank holding corporation has established its brand considering its reputation within the United States. In fact, this popularity is evidence of how efficiently BancorpSouth meets all its customer expectations just as expressed in its mission and vision statements.
Particularly, the vision statement of this financial giant underscores the desire of the company to be influential in the banking sector in the U.S. and beyond. On the other hand, the mission statement of BancorpSouth is a reflection of the approaches that the institution considers crucial for its growth. As guided by its core values, this establishment continues to execute ad fulfil activities that take it closer to its ambition. Today, BancorpSouth is a major player in the banking sector within the Mississippi region and in 9 other states.
BancorpSouth mission statement is “to provide relationship-focused financial services in a manner that:
exceeds the expectations of our customers, supports the betterment of our
communities, instils pride and passion in our teammates, and delivers value to
our shareholders.” The vision statement is an expression of both the long
and the short term ambitions of the company that would, in turn, lead
BancorpSouth to its future position. There are several characteristics in this
- Distinguished financial services
- Improving communities
In this mission statement, the products and services that
BancorpSouth provides to its customers are prioritized. The company has a
historical record of respecting and acknowledging the importance of streamlined
finances among other related aspects. In line with this, it provides different
services such as wealth management, loans and saving,
and by doing so, contributes towards the general welfare of the communities
where it operates.
Although BancorpSouth is yet to publish its vision
statement, there is no doubt that this company strives to be at the very top in
the financial and banking industry.
Such ambitions are evidenced by its diversifications such as
the establishment of the BancorpSouth insurance services as well as its recent
acquisition of Ouachita Independent Bank. Such progress is an indication of a
company focused on becoming the best.
BancorpSouth core values comprise “honesty, integrity, respect, diversity and inclusion.” This is a
reflection of the culture that sustained BancorpSouth excellent performance for
all these years despite the past economic turmoil. Due to their applicability,
this company has grown into a reputable entity in the U.S.
BancorpSouth Mission Statement History
BancorpSouth mission statement remains unchanged through 2020 and 2021
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