Tupelo, Miss.-based BancorpSouth Inc. announced it finalized a previously announced merger agreement with Ramsey, Krug, Farrell & Lensing Inc. (RKF&L) of Little Rock, Ark., one of Arkansas’ leading insurance firms.
RKF&L president Tim Farrell said, “This merger solves some regional expansion and equity perpetuation issues that we had and will assure our clients and staff continued opportunities. The people at BancorpSouth share our values and vision.”
RKF&L was founded in 1980 with roots going back to 1932. It currently has 100 employees at its Cantrell Road offices. RKF&L is a full-service insurance agency with specialties in construction and surety, professional liability and self-insured risk management services.
BancorpSouth operates approximately 250 commercial banking, insurance, trust, broker/dealer and consumer finance locations in Alabama, Arkansas, Louisiana, Mississippi, Tennessee and Texas with a staff of approximately 3,800 full-time employees.
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