# Trustmark (bank)

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**Trustmark Corporation** is an American [bank holding company](/source/Bank_holding_company) headquartered in [Jackson, Mississippi](/source/Jackson,_Mississippi). It provides banking services and [wealth management](/source/Wealth_management) services. The bank serves Mississippi, Alabama, the Florida Panhandle, Memphis, and Houston. As of December 31, 2023, the bank operated 163 full-service branches, 7 limited-service branches, and 131 ATMs.[1]

## History

The bank traces its roots to The Jackson Bank, which was chartered by the State of Mississippi in December 1889 with cash capital of $100,000.[1] Its first president was P.W. Peeples.[2]

In 1998, the company acquired Bottrell Insurance.[3]

In 2011, the bank acquired Heritage Banking Group in a transaction facilitated by the [Federal Deposit Insurance Corporation](/source/Federal_Deposit_Insurance_Corporation).[4]

In 2012, the bank acquired Bay Bank & Trust Co.[5]

In 2017, Trustmark acquired Reliance Bank.[6]

In 2022, the company sold its corporate trust business.[7]

In 2024, the company sold Fisher Brown Bottrell Insurance to [Marsh McLennan](/source/Marsh_McLennan) for $345 million.[8]

## References

1. ["Trustmark Corporation 2023 Annual Report (Form 10-K)"](https://www.sec.gov/ix?doc=/Archives/edgar/data/36146/000095017024015988/trmk-20231231.htm). [U.S. Securities and Exchange Commission](/source/U.S._Securities_and_Exchange_Commission). February 14, 2024.

1. [*Memoirs of Mississippi*](https://books.google.com/books?id=eMX-Snn_mEsC&dq=peeples+saunders+%22Jackson+Bank%22+%22December+19,+1889%22&pg=PA177). [Pelican Publishing Company](/source/Pelican_Publishing_Company). ISBN 9781455601196.

1. ["The Bottrell Agency To Become Commercial Part Of Trustmark"](https://www.propertyandcasualty.com/doc/the-bottrell-agency-to-become-commercial-part-0001). *Property & Casualty*. December 10, 1998.

1. ["Trustmark acquires Heritage Banking Group"](https://www.bizjournals.com/memphis/news/2011/04/18/trustmark-acquires-heritage-banking.html). *[American City Business Journals](/source/American_City_Business_Journals)*. April 18, 2011.

1. ["Trustmark completes acquisition of Florida bank"](https://www.djournal.com/trustmark-completes-acquisition-of-florida-bank/article_8240b4cb-a461-5cba-aef7-4e8273fdb91a.html). *[Northeast Mississippi Daily Journal](/source/Northeast_Mississippi_Daily_Journal)*. March 19, 2012.

1. Wade, Maggie (April 11, 2017). ["Trustmark Corporation completes purchase of Reliance Bank"](https://www.wlbt.com/story/35117305/trustmark-corporation-completes-purchase-of-reliance-bank/). *[WLBT](/source/WLBT)*

1. ["Trustmark Completes Sale of Corporate Trust Business to The Peoples Bank, Biloxi, Mississippi"](https://www.prnewswire.com/news-releases/trustmark-completes-sale-of-corporate-trust-business-to-the-peoples-bank-biloxi-mississippi-301605740.html). [PR Newswire](/source/PR_Newswire). August 15, 2022.

1. ["Covington Represents Trustmark In Its $345M Sale of Fisher Brown Bottrell Insurance"](https://www.cov.com/en/news-and-insights/news/2024/05/covington-represents-trustmark-in-its-345m-sale-of-fisher-brown-bottrell-insurance). [Covington & Burling](/source/Covington_%26_Burling). May 1, 2024.

## External links

- [Official website](https://www.trustmark.com/)

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