BancorpSouth Subsidiary BXS Community Fund, LLC Awarded $50 Million New Markets Tax Credit Allocation
TUPELO, Miss., Sept. 14, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) is pleased to announce that its subsidiary BXS Community Fund, LLC, which is a Community Development Entity ("CDE"), has been awarded a $50 million New Markets Tax Credit (NMTC) allocation that will spur investments and economic growth in low-income urban and rural communities.