U.S. Court to hear McCaslin
by Chance Wright
Feb 15, 2012 | 4379 views | 0 0 comments | 11 11 recommendations | email to a friend | print
Henry McCaslin of Rosedale will appear in court next month to issue a plea in regards to his involvement with the Bank of Rosedale.

Ginger Sisk, courtroom deputy of the United States District Court, Northern District of Mississippi, confirmed to The Bolivar Commercial this morning that a notice has been filed waiving the indictment/filing of information/taking of pleas as to count one of the information before United State District Court Judge Sharion Aycock in the case United States of America vs. Henry E. McCaslin Jr.

"What this notice means is that McCaslin will enter a plea in courtroom one of the United States Federal Building in Aberdeen at 1:30 p.m. on Wednesday, March 21, 2012," said Sisk. "There is nothing else that I can release to you at this time."

In January 2010, rumors began circling Bolivar County concerning the surprising retirement of McCaslin from his post as president and CEO of the First National Bank of Rosedale, a position he held at the bank for 40 years.

Rumors suggested that McCaslin retired after allegations of misappropriating bank funds.

"This bank has recently been contacted by several members of the media concerning gross misinformation apparently circulating in the county concerning this bank," said Travis M. "Butch" Bassie, executive vice president, in a release from the bank's board of directors in 2010.

"After 40 years of service, Mr. Henry McCaslin Jr. has notified the board of directors of his retirement as president and CEO and director of First National Bank, Rosedale and its holding company, First National Corporation, effective Jan. 31 (2010)."

"We will not be releasing any more information, nor will any other comments be made concerning this matter," continued Bassie in the release.

Clayton A. Dabbs, a representative of the U.S. District Attorney's Office in Oxford, filed a case against McCaslin in the U.S. District Court on Dec. 8, 2011.

The Bolivar Commercial will have more information on this case when it is made available.