Magazine article American Banker

Benefactor's Name to Go on Tenn. Banking School

Magazine article American Banker

Benefactor's Name to Go on Tenn. Banking School

Article excerpt

The Mid-South School of Banking in Memphis has gotten an $8 million grant from the Paul W. Barret Jr. Charitable Trust and announced that it would rename itself in honor of the late Tennessee banker.

M.E. Bond, the school's executive director, said the grant is "absolutely, without question," the largest the school has ever gotten. Renaming the school the Paul W. Barret Jr. School of Banking is the least its board could do, he added.

The grant will be used to create a graduate school of banking, to establish a lecture series that will also be named in Mr. Barret's honor, and to help attract students from other states.

Since its founding in 1979, Mid-South has offered a three-year undergraduate banking program and weekly seminars for bankers from Tennessee and surrounding states. Mr. Barret, who ran privately held Barret Bancorp Inc. in Barretville, Tenn., most of his life, never attended the school, but he sent many of his employees there, Mr. …

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