Bank / Credit Union

BankFirst acquires Mechanics Banc

January 11, 2023

BankFirst Capital Corp., parent company of BankFirst Financial Services, has completed its acquisition of Mechanics Banc Holding Company and its subsidiary Mechanics Bank.

With this acquisition, BankFirst now has 47 locations in Mississippi and Alabama with $2.7 billion in total assets, according to a press release.

Cameron Tyler, chairman and CEO of Mechanics Bank, has joined BankFirst as regional executive of Oxford, according to the release.