Renasant Corporation announced that it has received approval from the Federal Deposit Insurance Corporation necessary to complete the proposed merger of Brand Group Holdings, Inc. with and into Renasant, and the related merger of The Brand Banking Company with and into Renasant Bank, pursuant to the Agreement and Plan of Merger dated as of March 28, 2018.  Renasant also today announced that on July 26, 2018, Brand shareholders voted to approve the merger of Brand with and into Renasant.

With the FDIC approval and the approval of the merger by Brand shareholders, all necessary approvals (or waivers of approval requirements) have now been obtained to complete the merger and, subject to the satisfaction of other customary closing conditions contained in the merger agreement, the transaction is expected to be completed on September 1, 2018.