For its fourth annual awards for “Best Banks in State”, Forbes partnered with a market research firm to determine the best of the best. Approximately 25,000 past and present customers were surveyed in the United States.
Forbes expresses that local banks need to demonstrate their advantages in regards to customer service, accessibility, financial advice, security, and mobile offerings to compete with better interest rates online banks can offer on savings.
Institutions were scored based on several factors. According to Forbes, out of the 4,978 FDIC-insured banks in America, just 135 banks, or 2.7%, made the cut. Renasant Bank ranked number 1 as Best-in-State for Georgia. Right behind Renasant was South State Bank and Bank OZK.
Renasant is headquartered out of Tupelo, Mississippi and employees 2,359 people.
Renasant is pleased to announce that it has been awarded the Best Bank in Georgia on Forbes’ 2021 list of America’s “Best-In-State” Banks. Renasant was also named third best bank for the state of Mississippi. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider.
“At Renasant, building relationships with our customers and communities by seeking to understand their needs and then meet them is embedded in mission, vision, values and core behaviors,” said Renasant President and CEO, Mitch Waycaster. “We’re proud to be acknowledged for serving our customers as part of providing an exception customer experience. This recognition by Forbes is a reflection of our tremendously talented team at Renasant, and we look forward to continuing to be the financial service advisor and provider of choice in Georgia and every community we serve.”
“We have an incredible team of people throughout the state who truly understand our customers and their financial needs. Renasant is unique because we have the resources of a regional bank, but also have the culture and commitment to servicing our customers like a community bank,” said Chris Torie, President of Renasant’s North Georgia Banking Group.
Renasant was also proudly featured in the Forbes’ 2021 World’s Best Banks list and the 2021 America’s Best Banks list, and was named by Time Magazine’s Money.com “Best Bank in the South” in 2019. “We are proud to be named Best Bank in Georgia by Forbes. We will continue to meet our customers’ needs with personal services and technical products, and will continue to exceed their expectations as well,” said David Durland, President of Renasant’s South Georgia and North Florida Core Banking.