The Economic Development Growth Engine (EDGE) for Memphis and Shelby County board unanimously approved a nine-year Jobs PILOT (payment-in-lieu-of-taxes) Wednesday, Sept. 18, for Renasant Bank’s new Memphis-market headquarters.
Renasant Bank plans to build a $15.8 million, Memphis-market headquarters at 5575 Poplar Ave.
“We’ve had a presence in Memphis since we acquired Renasant Bank in 2004,” said Jim Gray, chief revenue offer of Renasant Bank, which was called Peoples Bank & Trust Company when it acquired Renasant Bancshares of Memphis. “We’re going to be here a lot longer.”