BancorpSouth Insurance Services to Acquire The Securance Group

BancorpSouth Insurance Services, Inc., a subsidiary of BancorpSouth Bank, headquartered in Tupelo, Mississippi, announced today that it has signed a definitive agreement to acquire the assets of The Securance Group, Inc., an independent property and casualty and life and health insurance agency headquartered in Brewton, Alabama. The transaction is expected to close on July 2nd. Financial terms of the pending transaction were not disclosed. BancorpSouth Bank is a wholly owned subsidiary of BancorpSouth, Inc. BXS.