News

Aubrey Patterson, Chairman and Chief Executive Officer of BancorpSouth , a $13.2 billion-asset financial holding company headquartered in Tupelo, Mississippi, has been named to the Board of Directors of The Financial Services Roundtable. Patterson joins ten other banking executives from throughout the nation named to the board.

The Financial Services Roundtable represents 100 of the largest integrated financial services companies providing banking, insurance, and investment products and services to the American consumer. Member companies participate through the Roundtable's CEO David Bartlett and other senior executives nominated by him.

Headquartered in Washington, D.C., The Financial Services Roundtable aims to be the premier executive forum for leaders of the financial services industry. It provides legislative and regulatory advocacy, enhances the industry's public reputation and promotes best practices and a strong infrastructure in technology.

Roundtable member companies provide fuel for America's economic engine, accounting directly for $84.7 trillion in managed assets, $948 billion in revenue, and 2.3 million jobs.

Others joining the board with Patterson include: John J. Degnan, The Chubb Corporation; Mark Fetting, Legg Mason, Inc.; Laurence D. Fink, BlackRock, Inc.; Edmund F. Kelly, Liberty Mutual Group; Kelly S. King, BB&T Corporation; James E. Rohr, PNC Financial Service Group, Inc.; J. Michael Shepherd, BancWest Corporation; Frederick H. Waddell, Northern Trust Corporation; Thomas J. Wilson, Allstate Corporation; and Larry Zimpleman, the Principal Financial Group.

Patterson's 36 year career with the BancorpSouth includes service as President and Chief Operating Officer from 1983 to 1990, and as Chairman and Chief Executive Officer from 1990 to the present.

Patterson is a graduate of the University of Mississippi and holds a Masters Degree from Michigan State University. He has completed the Graduate School of Banking at the University of Wisconsin and is a member of several professional organizations, including Beta Gamma Sigma and Beta Alpha Psi honoraries.

He is a decorated veteran of the United States Air Force, having received the National Defense Service Medal, the Air Force Commendation Medal, and the Department of Defense Meritorious Service Medal. He has served as President of the Mississippi Bankers Association and as Chairman of the American Bankers Association. He has served as Chairman of the Board of Directors of numerous local and regional organizations, including the Tupelo Community Development Foundation, North Mississippi Health Services, the Mississippi Economic Council, Mississippi's Partnership for Economic Development, the University of Mississippi Foundation, CREATE, Inc., among others.

BancorpSouth is a $13.2 billion-asset financial holding company. The company operates approximately 314 banking and mortgage locations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas. In addition to providing traditional banking services, credit cards, mortgages, trust and fiduciary services, the company provides investment services through its subsidiary BancorpSouth Investment Services, Inc. and insurance services through its subsidiary BancorpSouth Insurance Services, Inc. BancorpSouth's common stock is traded on the New York Stock Exchange under the trading symbol BXS.

A complete listing of the Roundtable Board of Directors can be found at http://www.fsround.org/about/board.htm

First Call Analyst:
FCMN Contact: chuck.mcintosh@bxs.com

SOURCE: BancorpSouth, Inc.