Bank First Financial Services
History
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. In 1904, M & F purchased the bank in Shuqualak, MS, and in 1930, a branch was established in Scooba, MS.
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.
In 1972, M & F erected a new building in Shuqualak, and in 1977 began construction on the present Main Office building in Macon. The 1990s was a decade of great growth — the bank added branches in Columbus, and branched into West Point on a de novo basis
