The First community bank featured in national documentary - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

The First community bank featured in national documentary

Pine Belt community bank, The First is celebrating being spotlighted in a documentary series set to air over the weekend.

"In View", a new show hosted by Larry King, featured The First Bank in the series to showcase the difference in small community banks and large Wall Street banks.

The First President and CEO Hoppy Cole says, local banks operate on the most basic savings and loan models, whereas the Wall Street banks use client money to make large, aggressive investments to amass enormous gains, sometimes resulting in enormous losses. After the financial crisis of 2008, aggressive Wall Street tactics gave all bankers a bad name.

"We're really trying to reach out to the American public and say, you know the national media has done a great job of making villains out of bankers over the last few years, but really they're talking about a much different segment of the market than your local community bank"

"In View" is set air on the Fox Business Network at 3:30 PM Saturday.

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