The October 2015 issue of Reader's Digest uses an excerpt from the book "The Truth about Trust" by David DeSteno, Ph.D., to show the trust demonstrated by Hancock Bank after Hurricane Katrina.
After Katrina's landfall, Hancock Bank employees set up temporary sites, often on folding tables near destroyed branches, to provide people with cash to recover and rejuvenate local economies.
Many people lost ID in the storm, so Hancock allowed customers and non-clients to sign IOUs on scraps of paper. In the end, the bank's losses were minimal, and the company's assets grew 20 percent.
"Honesty and trust empowers success and, in turn, inspires people to work together to preserve the quality of life that makes our region so special," said Hancock Holding Company resident and CEO John Hairston.
The bank was founded 116 years ago in Bay St. Louis.