Cadence Bank
Encyclopedia
Cadence Bank, N.A. a bank holding company, is the principal subsidiary of Cadence Financial Corporation. Cadence Financial Corporation is now the principal subsidiary of Community Bancorp LLC (CBC). Cadence Financial Corporation is headquartered in Starkville, Mississippi
. A former member of the NASDAQ
Global Select Market, they provide deposit products, loans, trust and wealth management services. Cadence Bank, N.A. has locations across the Southeast
, which includes Mississippi
, Alabama
, Tennessee
, Georgia
and Florida
.
On December 9, 2010, Cadence Financial Corporation's shareholders approved the sale of the company to CBC. Cadence Financial Corporation, which includes Cadence Bank, N.A., will become the principal subsidiary of CBC. Upon completion of the acquisition, Cadence Financial Corporation will no longer be a member of NASDAQ Global Select Market, and become a private bank holding company under CBC.
On March 5, 2011, Cadence Financial Corporation became the principal subsidiary of CBC. In October 2011 Cadence Bank purchase local based Superior Bank N.A. adding it's first Mortgage lending division.
Starkville, Mississippi
-Demographics:As of the census of 2000, there were 21,869 people, 9,462 households, and 4,721 families residing in the city. The population density was 851.4 people per square mile . There were 10,191 housing units at an average density of 396.7 per square mile...
. A former member of the NASDAQ
NASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
Global Select Market, they provide deposit products, loans, trust and wealth management services. Cadence Bank, N.A. has locations across the Southeast
Southeastern United States
The Southeastern United States, colloquially referred to as the Southeast, is the eastern portion of the Southern United States. It is one of the most populous regions in the United States of America....
, which includes Mississippi
Mississippi
Mississippi is a U.S. state located in the Southern United States. Jackson is the state capital and largest city. The name of the state derives from the Mississippi River, which flows along its western boundary, whose name comes from the Ojibwe word misi-ziibi...
, Alabama
Alabama
Alabama is a state located in the southeastern region of the United States. It is bordered by Tennessee to the north, Georgia to the east, Florida and the Gulf of Mexico to the south, and Mississippi to the west. Alabama ranks 30th in total land area and ranks second in the size of its inland...
, Tennessee
Tennessee
Tennessee is a U.S. state located in the Southeastern United States. It has a population of 6,346,105, making it the nation's 17th-largest state by population, and covers , making it the 36th-largest by total land area...
, Georgia
Georgia (U.S. state)
Georgia is a state located in the southeastern United States. It was established in 1732, the last of the original Thirteen Colonies. The state is named after King George II of Great Britain. Georgia was the fourth state to ratify the United States Constitution, on January 2, 1788...
and Florida
Florida
Florida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...
.
On December 9, 2010, Cadence Financial Corporation's shareholders approved the sale of the company to CBC. Cadence Financial Corporation, which includes Cadence Bank, N.A., will become the principal subsidiary of CBC. Upon completion of the acquisition, Cadence Financial Corporation will no longer be a member of NASDAQ Global Select Market, and become a private bank holding company under CBC.
On March 5, 2011, Cadence Financial Corporation became the principal subsidiary of CBC. In October 2011 Cadence Bank purchase local based Superior Bank N.A. adding it's first Mortgage lending division.