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Publication: Mississippi Business Journal
Publication Date: 29-MAR-04
Format: Online - approximately 651 words
Delivery: Immediate Online Access

Article Excerpt
RICHTON -- Next year, when the town of Richton (in Perry County, 25 miles west of Hattiesburg) celebrates its centennial, the Richton Bank and Trust Company will also be celebrating the l00th anniversary of its founding. It's the only bank that Richton has ever had.

The bank, chartered as the Bank of Richton in 1905, has been through its share of rough times. The Bank of Richton failed in 1930 and was reorganized as the Richton Bank and Trust Company. There was another reorganization in 1932, under the auspices of the federal government's bank recovery program....

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