Renasant Bank announced Rechelle Bates has joined its Business Credit team, which is the Asset Based Lending Division of Renasant Bank.  Bates has been appointed Assistant Vice President and, in her new role, will have a dual focus on direct marketing as well as operations management.

Bates has more than years of experience in asset-based lending and accounts receivable credit management. She was recently with M&F Business Credit in Memphis, a wholly owned subsidiary of M&F Bank, which was acquired by Renasant on September 1, 2013. She relocated to Atlanta on February 1, 2014, to join the Renasant Business Credit Team in their Atlanta offices at the Riverwood Office Tower in the Vinings/Galleria area.

Mike Knuckles, Renasant Business Credit EVP and Division Manager, said, “We are delighted that Rechelle has taken the opportunity to join our asset-based lending group in Atlanta. She will be instrumental in our business development efforts as well as helping us to provide exceptional service to our clients.”

Renasant Corporation, a 110-year-old financial services institution, is the parent of Renasant Bank and Renasant Insurance.  Renasant has assets of approximately $5.74 billion as of December 31, 2013.  Renasant operates over 120 banking, mortgage, financial services and insurance offices in Alabama, Georgia, Mississippi and Tennessee.