[8-K] Trustmark Corp Reports Material Event
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Insights
Fed membership approval signals progress toward state-charter shift but no operational change yet.
The filing reports that the Federal Reserve has approved Trustmark National Bank (TNB) to become a member of the Federal Reserve System. According to the disclosure, this membership relates to TNB’s separate application to the Mississippi Department of Banking and Consumer Finance to convert from a national bank to a Mississippi-chartered bank; that conversion request is still pending. Until the state charter is granted, TNB remains a national bank supervised by the OCC.
Key implications drawn from the filing:
• Regulatory milestone reached: Fed approval removes one necessary barrier to the contemplated charter change.
• No immediate supervisory shift: Primary oversight stays with the OCC until the Mississippi regulator acts, so day-to-day regulatory requirements remain unchanged for now.
• Contingent next step: The disclosure commits to future updates, underscoring that final impact hinges on the MDBCF’s decision.
Why it matters: charter conversions can alter a bank’s long-term regulatory framework and compliance costs. However, because the core business structure and supervision are unchanged at this stage, the near-term financial effect appears limited based solely on the information provided.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 7.01. Regulation FD Disclosure.
On July 24, 2025, the Board of Governors of the Federal Reserve (the Federal Reserve) announced that Trustmark Corporation’s principal subsidiary, Trustmark National Bank (TNB), had received approval to become a member of the Federal Reserve System.
This approval was granted in connection with an application that TNB submitted to the Mississippi Department of Banking and Consumer Finance (MDBCF) to convert TNB from a national banking association to a Mississippi-chartered banking corporation. That application remains pending with the MDBCF. TNB remains a national banking association that is supervised by the Office of the Comptroller of the Currency. Trustmark and TNB will update this disclosure as warranted by developments with respect to the pending MDBCF application.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TRUSTMARK CORPORATION
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/s/ Thomas C. Owens |
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Thomas C. Owens |
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Treasurer and Principal Financial Officer |
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July 28, 2025 |
