cadence bancorporation

With the relocation, about 250 Cadence Bank employees will occupy three-and-a-half floors and a retail branch on the ground floor beginning. byline bank login Credit products and any applicable Mortgage credit and Equal Housing Lender Cadence Bank is a leading regional banking franchise with. 9, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) shareholders today voted to approve its merger with Cadence Bancorporation (NYSE: CADE), the Apr 21. cadence bancorporation

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Paul B. Murphy, Jr.Chairman and Chief Executive Officer, Director, Cadence Bancorporation

Cadence, BancorpSouth Complete Bank Merger

Cadencebancorpsouth

Two banks with branches in Alabama and elsewhere in the South say they have completed their merger.

Cadence Bancorporation merged into BancorpSouth Bank. The surviving company is named Cadence Bank.

BancorpSouth Bank and Cadence Bank will continue operating under their old brands until they finish integrating their systems. That’s expected in late 2022.

The company says customers should not see immediate changes and should continue using their current bank cards, checks and other services.

Cadence says it is becoming the sixth-largest bank headquartered in its nine-state footprint. It operates in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Missouri, Tennessee and Texas.

(Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.)

 

 

Источник: https://www.alabamanews.net/2021/10/29/cadence-bancorpsouth-complete-bank-merger/

Bancorpsouth open account

bancorpsouth open account Working hours for Grand Prairie branch are listed on the table above. BancorpSouth Bank is located at 1046 Church Rd W Suite 101, Southaven, MS 38671. Business website. BancorpSouth offers a number of personalized savings account options to get you where you need to be. BancorpSouth Bank, Austin Mopac Branch. Collapse.a financial holding company. 6 BancorpSouth Bank Branch locations in Jackson, TN. It allows you to view account balances, view recent account activity, transfer funds, pay bills, personal payments, remote deposit and find the nearest ATM or branch locations. BancorpSouth Bank, Austin Mopac Mortgage Office. Austin, TX 78731. Our security ratings engine monitors billions 1 other review that is not currently recommended. 29, 2021 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced the successful closing of its previously announced merger in which legacy Cadence Bancorporation Aug 09, 2021 · Aug. Bancorpsouth Bank Routing Numbers for wire transfers A wire transfer is the fastest way of receiving money in your Bancorpsouth Bank account. Our security ratings engine monitors billions. Sometimes our branch hours are not the best for you. This is a preliminary report on BancorpSouth’s security posture. Open an online checking account today! All BancorpSouth checking accounts are designed around you and include free online banking and direct deposits. 14 reviews. "Account" is a checking, savings or other asset account that you open with Company via the Online Account Opening Service. Apr 29, 2021 · BancorpSouth and 11 other financial institutions are being recognized for their efforts to encourage individuals to open accounts and begin building wealth. Note that this data is based on regular opening and closing hours of BancorpSouth Bank and may also be subject to changes. 6% this week, though earnings growth is still tracking behind one-year shareholder returns Before you open a retirement account, you should know the Oct 29, 2021 · TUPELO, Miss. (NYSE: BXS) has opened a loan production office in Chattanooga, Tennessee, expanding the Bank's presence into Southeast Tennessee. 78 million to African-American consumers who were unlawfully denied or overcharged for loans, and a $3 million penalty. Apr 22, 2021 · BancorpSouth Bank BXS delivered a earnings surprise of 14. BancorpSouth wants to help you make your life easier and more convenient for you so they offer a number of personal checking account options and services that make banking better. Working hours for Ridgely branch are listed on the table above. Oct 03, 2021 · BancorpSouth Bank (NYSE:BXS) jumps 3. Oct 15, 2021 · BancorpSouth operates approximately 315 full-service branch locations as well as additional mortgage, insurance, and loan production offices in Alabama, Arkansas, Georgia, Florida, Louisiana BancorpSouth Bank, Austin Mopac Branch. BancorpSouth's commitment to customers and community is a large part of who they are because they know that strong communities sustain their company, their customers and their teammates.April 29, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) received the 2021 America Saves Designation of Savings Jun 25, 2021 · The following are the BancorpSouth checking options: My Way Checking: for those just starting out, this account requires a $50 opening balance and $5 monthly service charge. Call 1-800-844-2723. Full Service Brick and Mortar Office. Contact the branch directly or call (888) 797-7711 to confirm the status. The following tips will help you fill in Bancorpsouth Direct Deposit Form quickly and easily: Open the form in the feature-rich online editing tool by hitting Get form. 4. Find a Location near you. Open the right savings account with BancorpSouth today. BancorpSouth Bank can be contacted at (662) 536-5000. (601) 968-1565. Get Directions. Austin, TX 78746. Aug 07, 2019 · This is considered BancorpSouth’s premium savings account as it requires a $1,000 opening deposit. 9, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) shareholders today voted to approve its merger with Cadence Bancorporation (NYSE: CADE), the Jun 29, 2016 · Under the terms of the consent order, BancorpSouth will pay $4 million in direct loan subsidies in minority neighborhoods in Memphis, at least $800,000 for community programs, advertising, outreach, and credit repair, $2. 06% and 2. They seek to make a difference in the communities they serve by working with their existing and prospective customers fairly and responsibly BancorpSouth offers three different ways you can sign up for your credit card to start earning rewards points for the items you purchase. Limited Service Loan Production Office. When a friend or family member opens up a new Checking account y’all will both receive a $25 bonus! Direct Offer Link. “Bank Account” is a cadence bancorporation or savings account held in your name at an unaffiliated financial institution in the United States. Go to the e-signature tool to e-sign the form. UpGuard is the new standard in third-party risk management and attack surface management. Sep 24, 2014 · TUPELO, Miss. Complete the requested fields which are colored in yellow. BancorpSouth offers three different ways you can sign up for your credit card to start earning rewards points for the items you purchase. To receive this bonus, all you have to do is spread the word of BancorpSouth to your friends & family. BancorpSouth Bank can be contacted at (228) 875-3361. BancorpSouth is committed to a BancorpSouth Mobile Banking App gives you access to your accounts from your mobile device. Phone number. Click the Enroll button to get started. 24, 2014 / PRNewswire / -- BancorpSouth Bank, subsidiary of BancorpSouth Inc. If you use an out-of-network ATM in the United States, you may be charged a fee by both BancorpSouth and the ATM’s owner. Before you open a retirement account, you should know the BancorpSouth Bank is located at 1003 Washington Ave, Ocean Springs, MS 39564. Close this window Oct 07, 2016 · When you refer a new customer to BancorpSouth Bank and they open a new checking account, you will both earn a $25 bonus. NO overdraft or Rural route number lookup Fees. 9 billion. 6% this week, though earnings growth is still tracking behind one-year shareholder returns Before you open a retirement account, you should know the The safe, easy, and smart way to manage your money. Jun 29, 2016 · Under the terms of the consent order, BancorpSouth cadence bancorporation pay $4 million in direct loan subsidies in minority neighborhoods in Memphis, at least $800,000 for community programs, advertising, outreach, and credit repair, $2. Gain access to your account information 24 hours a day with just a quick call to our InfoLine at 1-888-797-7711. Read more. Oct 29, 2021 · TUPELO, Miss. View us bank atm north las vegas, phone numbers, reviews, routing numbers, and other info. Our Online Banking puts your accounts and our trustworthiness at your fingertips 24 hours a day. The interest is earned quarterly, and you will have to maintain a daily balance of $1,000 to waive the $15 monthly fee. BancorpSouth Mobile Banking App gives you access to your accounts from your mobile device. 9, 2021, 04:30 PM. 50 or less for out-of-network) BancorpSouth offers three different ways you can sign up for your credit card to start earning rewards points for the items you purchase. May 05, 2021 · BancorpSouth Bank. Branches may be temporarily closed, open by appointment only and/or hours may be altered due to inclement weather. 6 million to settle charges against the bank by the Department of Justice and the Consumer Financial Protection Bureau, which accused the Mississippi-based bank of BancorpSouth offers three different ways you can sign up for your credit card to start earning rewards points for the items you purchase. FREE use of in-network ATM ($2. 5767 Terry Rd Byram, MS 39272. BancorpSouth Bank Ridgely amazon sales rank open Monday to Friday and closed on Saturdays and Sundays. $0 minimum opening deposit. Visit any BancorpSouth location. Performance Checking: those who want to earn interest, there is a $50 minimum opening balance and $10 monthly service charge. The Bank Account must be a U. 9, 2021 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) shareholders today voted to approve its merger with Cadence Bancorporation (NYSE: CADE), the Apr 21, 2021 · BancorpSouth (BXS) delivered earnings and revenue surprises of 14. Utilize Mobile Wallet – a fast and secure way to keep pace with your lifestyle (14) Bundle your checking and savings accounts for a more convenient way to budget and save toward your goals.Aug. 901 S. Your online session has timed out. It was founded in 1876 and has approximately $27. FREE Branch access, telephone banking, bill pay, check cashing, online banking, bank alerts, electronic monthly statements, and in branch deposits. BancorpSouth Bank $25 Bonus: For qualifying residents, BancorpSouth is offering an chance to earn a $25 bonus. So, you can receive funds in your Bancorpsouth Bank account from any bank using Wire Transfer service.Sept. Get $25 for yourself when you refer a family Jun 05, 2019 · BancorpSouth Bank is an FDIC insured institution seaside heights vacation rentals with pool in Tupelo, MS. Oct 01, 2021 · Minimum opening deposit: $50 Monthly account maintenance fee: $5 (waived if you meet specific requirements, detailed below) ATM fee: No fee for using BancorpSouth ATMs. With over 300 locations in over nine states we provide financial solutions for banking, checking, credit cards, and mortgages. Get BancorpSouth Bank reviews, ratings, business hours, phone numbers, and directions. 6500 N Mo Pac Expy. BancorpSouth is committed to a Apr 29, 2021 · BancorpSouth Recognized By National Campaign Promoting Savings. 00 for each of the first five non-BancorpSouth ATM transactions each statement cycle) are given at the end of each statement cycle, when all of the following three requirements are met during a statement cycle: 1. The branch opens at 8:30am in the morning. dollar denominated account, and must be held in your name Session Timeout. 4. We will continue to implement safety and wellness measures, in accordance with CDC guidelines. The bank operates branches in eight states and as of March 31, 2016, had total assets of $13. Also ask questions and discuss related issues here. bancorpsouth. You can’t get out of the office, so we’ll be happy to come to yours. 1% in first-quarter 2021 on higher interest income. S. Hit the arrow with the inscription Next to move on from field to field. Online Services. TUPELO, Miss. Customers can open an account at one of its 315 branches. BancorpSouth Bank is located at 120 Service Dr, Brandon, MS 39042. Jul 15, 2020 · BancorpSouth and 11 other financial institutions were awarded and collectively encouraged nearly 125,000 people to deposit almost $364 million into new and existing savings accounts, during Walk-in service is available at all BancorpSouth branch lobbies. If you want in-depth, always up-to-date reports on BancorpSouth and millions of other companies, consider booking a demo with cadence bancorporation. Complete list of 9 BancorpSouth Bank locations in or near Scottsboro, AL with financial information, routing numbers, reviews and other informations. 46%, respectively, for the quarter ended March 2021. Net operating earnings of 73 cents per share beat the Zacks Consensus Estimate of 64 BancorpSouth. com. Jun 29, 2016 · BancorpSouth will pay $10. (2) The Higher Rate is paid on Performance Checking account balances from $0-$30,000, and non-BancorpSouth ATM fee refunds and credits (a total of $4. Mopac, Bldg 2, Suite 355. BancorpSouth's loan production office is located in downtown Chattanooga at 631 Broad Street and features a team of BancorpSouth offers three different ways you can sign up for your credit card to start earning rewards points for the items you purchase. 62 billion in assets. BancorpSouth Bank is located at 1003 Washington Ave, Ocean Springs, MS 39564. $5 monthly fee. The branch opens at 9:00am in the morning. Complete an Online Rewards Application. BancorpSouth Bank Grand Prairie is open Monday to Friday and closed on Saturdays and Sundays. 29, 2021 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced the successful closing of its previously announced merger in which legacy Cadence Bancorporation BancorpSouth is a regional bank headquartered in Tupelo, Miss. and HOUSTON, Oct. Aug 09, 2021 · Aug. You will need a Bancorpsouth Bank routing number available for wire transfer from your account. BancorpSouth Bank can be contacted at (601) 825-5300. Welcome to BancorpSouth. Our Online Banking services are at your fingertips 24 hours a day, for whenever you need them the most. BancorpSouth is a wholly-owned subsidiary of BancorpSouth, Inc. bancorpsouth open account

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Источник: https://bryancinco.com/oqb204w/bancorpsouth-open-account.html

SHAREHOLDER ALERT: WeissLaw LLP Investigates Cadence Bancorporation

Apr 19, 2021 11:11 AM ET

Legal Newswire POWERED BY LAW.COM

 WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Cadence Bancorporation  in connection with the proposed acquisition of the Company by BancorpSouth Bank. Under the terms of the merger agreement, Cadence shareholders will receive 0.70 shares of BXS common stock for each Cadence share that they own. Additionally, the agreement allows for a one-time special cash dividend to Cadence shareholders of $1.25 per share in conjunction with the closing of the merger. BXS shareholders will own approximately 55% and Cadence shareholders will own approximately 45% of the combined entity. 


Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
[email protected]


WeissLaw LLP is investigating whether (i) Cadence's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the merger consideration adequately compensates Cadence's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.


WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected]


Tags: Wire, Legal Newswire, United States, English

Источник: https://www.law.com/legalnewswire/news.php?id=2863138

Cadence Bank to Implement Black Knight’s Advanced Technology Infrastructure to Support Its Entire Mortgage and Home Equity Origination and Servicing Business

  • Cadence Bank has chosen Black Knight for its full suite of integrated origination and servicing solutions, including the Empower loan origination system and MSP servicing system
  • End-to-end functionality, automation tools and proven support for regulatory compliance were key factors in Cadence Bank’s selection of Black Knight’s solutions
  • Cadence Bank can realize exponential value in leveraging multiple Black Knight solutions across the enterprise, including origination, servicing, default and data and analytics

JACKSONVILLE, Fla. –  March 22, 2021 – Today, Black Knight, Inc. (NYSE:BKI) announced that Cadence Bank, a full-service, regional bank based in Atlanta, has selected Black Knight’s integrated, end-to-end origination and servicing technology solutions to support its entire mortgage and home equity business, expand its current functionality, and boost operational efficiencies. Cadence Bank will see the significant, cumulative benefit that comes from leveraging multiple, seamlessly integrated Black Knight solutions with embedded data and analytics to support every stage of the mortgage and home equity origination, servicing and default life cycles.

“Black Knight’s reputation as a leader in innovation and customer support was instrumental in our decision-making,” said Sharon Geib, president, Cadence Bank Mortgage Division. “The company’s origination and servicing technologies are truly best-in-class, and its solutions have a proven history of supporting regulatory compliance. We’re looking forward to benefitting from seamless, end-to-end integration between our origination and servicing systems and leveraging these tools to provide an enhanced customer experience.”

Cadence Bank will use Empower, a comprehensive loan origination system (LOS), to support both its mortgage and home equity business, helping electronically originate, process, cadence bancorporation and close loans on a single platform. The Empower system’s advanced capabilities are designed to automate processing of many time-consuming tasks based on the lender’s configuration without the need for constant human intervention – often referred to as “lights-out processing.” The LOS actively monitors for key data changes or specific kevon edmonds group that were created by the lender – and triggers both automated or manual tasks to be completed based on configurable logic, when appropriate.

Empower has many integrated capabilities that help to accelerate origination productivity through technology. Integrations include a comprehensive, modern product, pricing and eligibility engine and a digital point-of-sale solution that enhances the mortgage application process for both borrowers and loan officers. Black Knight’s digital close solution – with eDelivery and eSigning capabilities – continues to support that enhanced borrower experience through closing. Black Knight is also providing machine-learning technology for document classification and indexing; a fee service to help mitigate the risk associated with tolerance cures; property tax data; automated compliance validation testing; and an actionable intelligence solution that delivers instant access to information from multiple data sources to help forecast and monitor pipeline, productivity, cycle time and pull-through.

Cadence Bank will also leverage a number of Black Knight servicing solutions, including the leading MSP servicing system, which offers advanced, scalable, end-to-end functionality to help mortgage servicers of all sizes manage their operations – including payment processing, escrow administration, customer service and default management. MSP will help Cadence Bank boost efficiency, reduce operating costs and improve risk mitigation. Currently, the MSP system is used to service approximately 36 million active loans.

“We remain focused on providing innovative and integrated solutions that bring tangible benefits to our clients, and we’re pleased that Cadence Bank will now be reaping the benefits of these solutions across the enterprise,” said Joe Nackashi, president of Black Knight. “By leveraging Black Knight’s end-to-end capabilities throughout the loan life cycle, Cadence Bank will maximize the value of its technology investment and be competitively positioned to enhance financial growth, increase operational efficiency and reduce risk.”

About Cadence Bank

Cadence Bank is a leading regional banking franchise with $18.7 billion in assets as of December 31, 2020, and 98 branch locations in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Backed by 133 years of financial expertise, Cadence provides corporations, middle-market companies, small businesses and consumers with a full range of innovative banking and financial solutions. Services and products include commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, personal and business insurance, consumer banking, consumer loans, mortgages, home equity lines and loans, and credit cards. Clients have access to leading-edge online and mobile solutions, interactive teller machines, and more than 55,000 ATMs. The Cadence team of 1,900 associates is committed to exceeding customer expectations and helping their clients succeed financially. Cadence Bank, N.A. is a subsidiary of Cadence Bancorporation (NYSE: CADE). For additional information, visit cadencebank.com. Cadence Bank, N.A. Member FDIC. Equal Housing Lender. NMLS#525022.

About Black Knight

Black Knight, Inc. (NYSE:BKI) is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to huntington bank 24 7 number retain existing customers, gain new customers, mitigate risk and operate more effectively.

Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serve their customers. For more information on Black Knight, please visit www.blackknightinc.com.

 

Источник: https://www.blackknightinc.com/cadence-bank-to-implement-black-knights-advanced-technology-infrastructure-to-support-its-entire-mortgage-and-home-equity-origination-and-servicing-business/

BancorpSouth Bank, Cadence merging

BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, N.A., announced the companies cadence bancorporation entered into an all-stock merger with a total market value of more than $6 billion to create a Texas and Southeastern regional bank, according to a press release.

Under the terms of the merger agreement, which was unanimously approved by the Boards of Directors of both companies, the merger will combine the aesthetics of both brands and logos and operate as Cadence Bank. The bank will have dual headquarters in Tupelo, Mississippi and Houston, Texas, with operations centers in Tupelo and Birmingham, Alabama, as well as specialty sites in Macon, Georgia; Starkville, Mississippi and Houston, Texas.

"Cadence has built an impressive commercial banking franchise that when combined with the strengths of our team at BancorpSouth seems to be a perfect fit," Dan Rollins, chairman and chief executive of BancorpSouth Bank said in the release. "This strategic merger will allow us to expand our reach and offerings with minimal overlap in our existing branch network. Culturally speaking, our mission and values align really well together. Mergers are all about people, and what's important to note here is that our leadership teams are in sync. By joining forces, it's easy to see that we'll be able to make a significant impact on our customers and communities while driving long-term shareholder value."

Rollins will be the chairman and chief executive officer and Paul Murphy, chairman and chief executive from Cadence, will serve as executive vice chairman of the combined company. The board of directors will initially be comprised of 20 directors – 11 from BancorpSouth and nine from Cadence.

"I am thrilled to partner with BancorpSouth," Murphy said in the release. "I have great respect for the I was impressed with the team cadence bancorporation BancorpSouth early on, and I grow even more so the more I get to know them. Like us, they really care about their people. The scale of our combined bank, our collective talent, our similar cultures and our footprint in some of the fastest-growing markets in the country have us extremely excited about the future."


Bank / Credit UnionInnovation




Источник: https://www.atmmarketplace.com/news/bancorpsouth-bank-and-cadence-combine-in-transformational-merger/

Justice News

The Department of Justice announced today that BancorpSouth Bank and Cadence Bank have agreed to sell seven branches in northeastern Mississippi, with more than $446 million in deposits, to resolve antitrust concerns arising from BancorpSouth’s planned acquisition of Cadence Bank.

“Today’s settlement underscores that all Americans, including those in rural communities and small towns, are entitled to access competitively priced banking products and services close to where they live and work,” said Acting Assistant Attorney General Richard A. Powers of the Justice Department’s Antitrust Division. “Banks are the anchors of many communities. Families and small businesses rely on banks to keep their money safe and obtain credit for important expenses and investments in their lives.”

Under the agreement with the department, the parties will divest seven branches located in Aberdeen, West Point, and Starkville, Mississippi. The assets that must be divested include all the deposits and loans associated with the seven branches, as well as all physical assets. The companies also have agreed to suspend existing non-compete agreements with branch managers and loan officers located in Aberdeen, West Point, and Starkville, Mississippi and will not enter into new non-compete agreements with those managers and officers. Further, the companies have agreed that any branches located in any of these markets that are closed within three years of the merger’s closing will be sold or leased to an insured depository institution that offers deposit and credit services to small businesses. As a result of the merger, BancorpSouth will become the 10th largest bank, based on assets, in its nine-state region in the southeastern United States and the 46th largest bank in the country.  

The proposed merger is subject to the final approval of the Federal Deposit Insurance Corporation (FDIC). The department’s role when reviewing a proposed bank merger necessarily focuses on the merger’s competitive effects. Here, the department has advised the FDIC that the cadence bancorporation will not challenge the merger provided that the parties divest branches in certain areas of overlap and agree to the commitments described above. The parties’ commitments to the department will be included as a condition that the parties’ make to the FDIC’s order allowing this transaction.

BancorpSouth Bank, headquartered in Tupelo, Mississippi, has approximately $25.8 billion in assets, $21.2 billion in deposits and 325 full-service branches across nine states in the southeastern United States. It provides a wide range of banking and other financial services to consumers, businesses, agricultural customers and wealth management customers.

Cadence Bank N.A., headquartered in Atlanta, Georgia, has approximately $18.8 billion in assets and $16.1 billion in deposits. Cadence Bank has 98 branches across the southeastern U.S. with 11 of those branches in Mississippi. Cadence also offers a full range of products and services to retail, small business and cadence bancorporation market customers as cadence bancorporation as investment and trust services. 

A list of the branches to be divested is below.

Branch

Address

City

County

State

Zip Code

Aberdeen Main

128 E. Commerce Street

Aberdeen

 Monroe

MS

39730

Aberdeen Hwy 45

302 Hwy 145 North

Aberdeen

 Monroe

MS

39730

West Point Main

657 Commerce Street

West Point

Clay

MS

39773

West Point Hwy 45

215 Hwy 45 South

West Point

Clay

MS

39773

Starkville Crossing

818 Hwy 12 West

Starkville

Oktibbeha

MS

39759

Starkville Russell St

793 Russell Street

Starkville

Oktibbeha

MS

39759

Starkville University

606 Hwy 12 East

Starkville

Oktibbeha

MS

39759

Источник: https://www.justice.gov/opa/pr/justice-department-requires-divestitures-bancorpsouth-bank-s-merger-cadence-bank

Cadence Bank

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Cadence Bank at Concord Center, December 2012

Cadence Bank, N. A. is a Tupelo, Mississippi-based bank which is the sole operating unit of the Houston, Texas-based Cadence Bancorporation. From 2011 to 2018 the bank's headquarters offices were located in Birmingham.

Cadence Bank traces its origins to the 1889 founding of the National Bank of Commerce in Starkville, Mississippi. As it grew into markets where similarly-named banks were already operating in the early 2000s, it adopted the Cadence Bank name.

In 2010 the United States Office of the Comptroller ordered Cadence Bank to raise its capital ratio. After missing the deadline and facing a takeover by the FDIC, Cadence negotiated its sale to the Trustmark Bank of Columbus, Mississippi. Before that deal was finalized, a higher offer was made by cadence bancorporation Community Bancorp LLC of Houston, Texas. Its acquisition was completed in March 2011, at which time Community adopted the Cadence name. Cadence Bank was merged eight months later with Birmingham's failed Superior Bank. At the time of the merger, Cadence had 38 office in Mississippi, Alabama, Florida, Georgia and Tennessee. Its seven Alabama branches included santander bank danville pa hours in Tuscaloosa and two in Hoover. Superior had 73 branches cadence bancorporation Alabama and Florida, and was the second-leading mortgage lender in the Birmingham market.

Superior CEO Sam Tortorici kept his position with the merged bank, which operated from Superior's offices in the John Hand building. When its lease expired in November 2012 it relocated to the Concord Center. In 2014 and 2015 Cadence Bank closed twenty-five branches and built its assets to over $8 billion. The holding company went public in April 2017.

In 2018 Cadence merged with State Bank Financial Corp. of Atlanta, Georgia. Tortorici remained CEO as the bank's headquarters offices relocated beaver county oklahoma election results Atlanta. in 2021 Cadence was acquired by BancorpSouth Bank, which adopted the Cadence name and split its headquarters offices between Tupelo, Mississippi and Houston, Texas.

Birmingham area locations

pre-2012 Cadence logo

References

  • Rupinski, Patrick (October 7, 2010) "Cadence Bank accepts higher merger offer." Tuscaloosa News
  • Hubbard, Russell (April 15, 2011) "Banking regulators seize Superior Bank and Nexity Financial Corp." The Birmingham News
  • Hubbard, Russell (April 19, 2011) "Superior's new owner seeks more." The Birmingham News
  • Hubbard, Russell (November 3, 2011) "Cadence Bank declines chance to buy John Hand Building, downtown Birmingham landmark." The Birmingham News
  • Hubbard, Russell (August 2, 2012) "Cadence Bank moves to Concord Center." The Birmingham News
  • Diel, Stan (October 24, 2012) "Cadence Bank sign to be placed atop downtown's Concord Center." The Birmingham News
  • Seale, Michael (July 1, 2015) "Cadence Bank closes three Alabama branches." Birmingham Business Journal
  • Coker, Angel (May 14, 2018) "Cadence Bank to move HQ from Birmingham to Atlanta." Birmingham Business Journal

External links

Cadence Bank website

Источник: https://www.bhamwiki.com/w/Cadence_Bank

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