RANKING ·
Lowest cost of deposits in Mississippi
53 of 57 banks in Mississippi that filed for the quarter ended June 30, 2026 are ranked. At least $100 million in total assets. Institutions with equal values share a rank. Source: FDIC quarterly financial data.
| Rank | Institution | Headquarters | Cost of all deposits, annualized for the quarter | Total assets |
|---|---|---|---|---|
| 1 | Merchants & Marine Bank | Pascagoula, MS | 0.85% | $1.3 billion |
| 2 | Fnb Picayune Bank | Picayune, MS | 0.87% | $282 million |
| 3 | Merchants and Planters Bank | Raymond, MS | 0.89% | $199 million |
| 4 | First Southern Bank | Columbia, MS | 0.91% | $317 million |
| 5 | Great Southern Bank | Meridian, MS | 0.99% | $355 million |
| 6 | Commerce Bank | Corinth, MS | 1.01% | $168 million |
| 7 | Citizens Bank | Columbia, MS | 1.05% | $466 million |
| 8 | United Mississippi Bank | Natchez, MS | 1.15% | $561 million |
| 9 | The Peoples Bank, Biloxi, Mississippi | Biloxi, MS | 1.20% | $771 million |
| 10 | The Cleveland State Bank | Cleveland, MS | 1.35% | $340 million |
| 11 | Bank of Yazoo City | Yazoo City, MS | 1.35% | $318 million |
| 12 | Hancock Whitney Bank | Gulfport, MS | 1.39% | $36.3 billion |
| 13 | Bank of Anguilla | Anguilla, MS | 1.50% | $192 million |
| 14 | Bank of Winona | Winona, MS | 1.52% | $143 million |
| 15 | First Bank | Mccomb, MS | 1.55% | $563 million |
| 16 | Trustmark Bank | Jackson, MS | 1.57% | $19.2 billion |
| 17 | Century Bank | Lucedale, MS | 1.57% | $566 million |
| 18 | Copiah Bank | Hazlehurst, MS | 1.59% | $332 million |
| 19 | The Citizens Bank of Philadelphia | Philadelphia, MS | 1.60% | $1.6 billion |
| 20 | First Security Bank | Batesville, MS | 1.62% | $977 million |
| 21 | Riverhills Bank | Vicksburg, MS | 1.66% | $445 million |
| 22 | Bankfirst Financial Services | Columbus, MS | 1.70% | $3.3 billion |
| 23 | Community Bank of Mississippi | Flowood, MS | 1.73% | $5.1 billion |
| 24 | Bank of Wiggins | Wiggins, MS | 1.75% | $228 million |
| 25 | Peoples Bank | Mendenhall, MS | 1.82% | $503 million |
| 26 | Priorityone Bank | Magee, MS | 1.83% | $1.2 billion |
| 27 | Bank of Brookhaven | Brookhaven, MS | 1.89% | $262 million |
| 28 | The Peoples Bank | Ripley, MS | 1.90% | $582 million |
| 29 | The Citizens National Bank of Meridian | Meridian, MS | 1.91% | $1.9 billion |
| 30 | Farmers and Merchants Bank | Baldwyn, MS | 1.92% | $566 million |
| 31 | Bank of Forest | Forest, MS | 1.92% | $296 million |
| 32 | Renasant Bank | Tupelo, MS | 1.92% | $27.0 billion |
| 33 | First National Bank of Clarksdale | Clarksdale, MS | 1.93% | $386 million |
| 34 | Covington County Bank | Collins, MS | 1.96% | $109 million |
| 35 | Bank of Commerce | Greenwood, MS | 1.99% | $1.1 billion |
| 36 | The Commercial Bank | De Kalb, MS | 2.00% | $295 million |
| 37 | Pike National Bank | Mccomb, MS | 2.02% | $409 million |
| 38 | Bank of Kilmichael | Kilmichael, MS | 2.03% | $342 million |
| 39 | Unity Bank of Mississippi | Holly Springs, MS | 2.03% | $282 million |
| 40 | Bna Bank | New Albany, MS | 2.05% | $856 million |
| 41 | Bankplus | Belzoni, MS | 2.09% | $8.4 billion |
| 42 | Planters Bank & Trust Company | Indianola, MS | 2.10% | $2.7 billion |
| 43 | Bank of Franklin | Meadville, MS | 2.15% | $302 million |
| 44 | Guaranty Bank and Trust Company | Belzoni, MS | 2.22% | $3.1 billion |
| 45 | First State Bank | Waynesboro, MS | 2.23% | $952 million |
| 46 | Story Bank Dba Story Financial Partners | Jackson, MS | 2.23% | $1.0 billion |
| 47 | Bankokolona | Okolona, MS | 2.27% | $360 million |
| 48 | The Bank of Holly Springs | Holly Springs, MS | 2.41% | $588 million |
| 49 | First Choice Bank | Pontotoc, MS | 2.47% | $561 million |
| 50 | Fnb Oxford Bank | Oxford, MS | 2.56% | $940 million |
| 51 | First Federal Savings & Loan Association of Pascagoula-Moss Point | Pascagoula, MS | 2.71% | $381 million |
| 52 | The Jefferson Bank | Greenville, MS | 3.10% | $211 million |
| 53 | Grand Bank for Savings, F.S.B. | Hattiesburg, MS | 3.47% | $280 million |
Rankings sort one published measure; they are not an overall judgment of any institution. Methodology · All rankings