Lee County, Mississippi, a core county of the Tupelo-Corinth, MS market, holds $4.8B in deposits across 14 insured institutions and 48 branches. Renasant Bank is the largest deposit holder at 40.4% share. The top three banks hold 84% of deposits, which places the county in the Concentrated band. Deposits have grown 34.3% since 2021 while the branch count rose by 4.3%. It produced $5.0B of real gross domestic product in 2024, ranking #593 of the 1,523 ranked counties by economic output.
Ranks show where the county stands among the 1,523 ranked counties (those within a Combined or Metropolitan Statistical Area that have a branch). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 46 in 2021 to 48 in 2026. Institutions: 12 to 14. Top-three share: 83% to 84%.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Renasant Bank | $1.9B | 40.4% | +40% |
| The Huntington National Bank | $1.8B | 38.1% | +36% |
| Regions Bank | $239M | 5.0% | +4% |
| BankPlus | $225M | 4.7% | +85% |
| Trustmark Bank | $132M | 2.8% | -44% |
| Community Bank of Mississippi | $123M | 2.6% | +34% |
| BNA Bank | $118M | 2.5% | +63% |
| FNB Oxford Bank | $45M | 0.9% | +204% |
| Guaranty Bank and Trust Company | $44M | 0.9% | +60% |
| Farmers and Merchants Bank | $43M | 0.9% | +23% |
| First Choice Bank | $27M | 0.6% | no 2021 presence |
| BankFirst Financial Services | $13M | 0.3% | no 2021 presence |
| CB&S Bank, Inc. | $12M | 0.3% | +27% |
| Woodforest National Bank | $3M | 0.1% | +11% |
The 14 insured institutions with a branch presence in this county, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s county deposits in 2021 and 2026. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year. Deposit figures are nominal and are not adjusted for inflation.
Part of the Tupelo-Corinth market
Lee County is one of 4 counties that make up the Tupelo-Corinth, MS market, a Combined Statistical Area (ranked #234 of 293 U.S. markets by economic output). It produces 67.1% of the market’s output and holds 71.3% of its deposits.
| Measure | Lee County | Share of parent market |
|---|---|---|
| 2024 GDP | $5.0B | 67.1% |
| Deposits | $4.8B | 71.3% |
| Population | 83,731 | 49.9% |
View the full Tupelo-Corinth market profile →
Recruiting in Lee County
Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Lee County.
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