Hancock Bank and Whitney Bank Roll Out New Services for Small Business Owners

Small business owners spoke. Hancock Bank and Whitney Bank listened.

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Nov 14, 2016, 05:22 ET

NEW ORLEANS, Nov. 14, 2016 /PRNewswire/ -- Small business owners work hard to succeed; and they know what they want and need from their bank to keep and grow that success. When Hancock Bank and Whitney Bank recently surveyed small business owners, a recurring theme was clear: small business owners want bankers who understand their businesses, whether a boutique store or a physician practice—a financial services professional who can intuitively guide them to products and services that help manage cash flow cycles, build purchasing power, and keep costs reasonable.

With that collective small business voice in mind, Hancock Bank and Whitney Bank recently introduced a new suite of checking solutions designed to help small business owners manage their cash and grow their businesses:

Essential Business Checking – well-suited for new businesses, sole proprietors, or other businesses with few monthly transactions and lower balances
Preferred Business Checking – a feature-rich account ideal for established and growing businesses with moderate transaction activity and balances
Interest Business Checking – a smart checking option for businesses with higher account balances to earn interest at a competitive rate

"Small business owners juggle a lot of responsibilities," said Hancock Bank Chief Banking Officer Chip Knight. "Our goal at Hancock Bank and Whitney Bank is to make money management easier for those hard-working folks by providing dedicated bankers who can guide them toward the best banking and cash flow tools to gain efficiencies and create new opportunities, whether those solutions are merchant services, inventory support, or general tips."

Exclusive features can help new or seasoned business owners manage more transactions without added costs, such as higher item limits, average daily balance limits, and deposit limits. Clients can seek advice from their local small business bankers on the new checking options, payment processing, mobile apps, and other options.

"Small businesses are a major component of a vibrant and growing economy. Hancock Bank and Whitney Bank have the experts and expertise to help guide entrepreneurs down the path to financial success through many of the most advanced financial products in the market," said Knight. "Our bank and our bankers are committed to helping them succeed."

About Hancock and Whitney Bank

Since the late 1800s, the Hancock Bank and Whitney Bank names have embodied core values of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. Part of Hancock Holding Company's Gulf South financial services family, Hancock Bank locations in Mississippi, Alabama, and Florida and Whitney Bank locations in Louisiana and Texas provide comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; certain insurance services; and mortgage services. More information is available at www.hancockwhitney.com.