Peoples Financial reports retirement of 2 directors.

BANKING AND CREDIT NEWS-February 6, 2020-Peoples Financial reports retirement of 2 directors

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Peoples Financial Corporation (OTCQX Best Market: PFBX) has announced directors Rex E. Kelly and Dan Magruder will retire from the holding company board when their current terms are completed, the company said.

Kelly and Magruder tendered their resignations on January 31, 2020 from the board of directors of The Peoples Bank, Biloxi, Mississippi, citing personal reasons for the resignations.

Kelly, 72, has served as a director of the Bank since 1996...

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