On June 1, 1888, Merchants and Farmers Bank, in Macon, MS, opened with $20,000 in capital. The first home of the bank was the law office of Judge H. W. Foote, the only building in town with a fireproof vault. During the depression in the 1930s, board members personally pledged high quality municipal bonds to insure the funds of our depositors. This action reassured the depositors, and no run was ever made on the bank.
The 1990s was a decade of great growth as the bank moved into the Golden Triangle. In 1994, the bank added three branches in Columbus, and then branched into West Point on a de novo basis in 1997. In 1999, the bank opened two de novo branches in Starkville. With the rapid expansion of the bank's service area, it was felt that the bank needed a new name — one that would better represent our ability to meet the financial needs of all the people within the communities we serve. For that reason, on July 12, 1999, Merchants & Farmers Bank became BankFirst Financial Services. We believe the new BankFirst name expresses our desire to be a bank that places the needs of its customers first.
In 2002, BankFirst expanded its service area again by moving into the Greater Jackson area. First the bank opened a de novo branch in Madison in 2002, followed by a Gluckstadt branch in 2005. In 2006, the bank expanded by establishing de novo branches in Ridgeland and in Flowood.
The bank's motto has always been Strength, Stability, and Service, and it has always been served by a strong board of directors who are interested in both the bank's success as well as in the improvement of the communities they represent. Because of strong leadership, BankFirst Financial Services has been able to withstand tough economic times, continue to grow, make a profit for its shareholders, and serve the needs of its customers and their communities.
We are looking forward to the future and our continued growth and expansion.
BankFirst is “A Better Way to Bank”.