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Big banks falling while local banks stand strong

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www.wxxv25.com – Spencer Pullen – 2023-03-17 18:06:13

Silicon Valley Bank and Signature Bank have both collapsed, proving that you are never too big to fail, but what does that mean for our local banks in South Mississippi?

Recent bank failures may have you wondering if your local bank is still a safe haven for your hard-earned money.

News 25 spoke with officials at Keesler Federal Credit Union and Hancock Whitney and asked what lead to the collapse of Silicon Valley Bank and Signature Bank. Keesler Federal Credit Union Chief Financial Officer Sam Sohi said, “I think the ones that have failed are very localized. For…

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Southern Miss Alumna Helps Make History at John C. Stennis Space Center

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www.wxxv25.com – WXXV Staff – 2025-02-22 16:00:00

SUMMARY: Tessa Keating, a University of Southern Mississippi alumna, plays a key role in promoting NASA’s Artemis lunar missions at the John C. Stennis Space Center. A Carriere, Miss. native, she earned her master’s degree in communications from USM in 2006 and began her career at NASA as an intern. Today, as the protocol officer, Keating oversees events and high-level visits while educating the public on space exploration. In 2024, she received the prestigious Silver Snoopy Award for her contributions to NASA Stennis. Keating is passionate about promoting the Artemis program and its historic milestones in space exploration.

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MGCCC’s Dr. Zach Moulds named Phi Theta Kappa Distinguished College Administrator

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www.wxxv25.com – WXXV Staff – 2025-02-22 14:00:00

SUMMARY: Dr. Zach Moulds, Dean of Student Services at Mississippi Gulf Coast Community College’s Harrison County Campus, has been awarded the Phi Theta Kappa (PTK) Distinguished College Administrator for 2025. This recognition acknowledges college leaders dedicated to student success, as nominated by PTK students. Moulds will be honored at the PTK Annual Convention, Catalyst 2025, in Kansas City from April 3-5. He emphasized the importance of the opportunities provided by PTK and MGCCC for student development. Moulds, who joined MGCCC in 2019 and holds multiple degrees, expressed gratitude for the award and pride in his team’s efforts.

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Mississippi Senate advances its tax overhaul

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www.wxxv25.com – WXXV Staff – 2025-02-21 12:48:00

SUMMARY: The Senate Finance Committee has advanced legislation to reduce Mississippi’s income tax and grocery sales tax while increasing the gasoline tax. Republican senators argue these changes will stimulate the economy, proposing to decrease the flat 4% income tax to 2.99% over four years. Democrats, however, claim this disproportionately benefits corporations and harms low-income individuals. The Senate’s plan represents a $326 million net tax cut, less than the House’s $1.1 billion proposal, which seeks complete income tax elimination. The Senate also aims to lower the grocery tax from 7% to 5% by July 2026 and raise the gasoline tax to address highway maintenance funding.

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