Cadence poised for new start as private, five-state bank
by Ted Carter
Published: March 6,2011
Tags: Cadence National Bank, Community Bancorp, Lewis Mallory Jr., Mark Abernathy, Paul Murphy
Cadence National Bank was to shed its public company status Friday to become the private property of Community Bancorp LLC in an acquisition that rescued the Starkville regional bank from a federal order to significantly increase its capital levels. With the acquisition, Cadence gets a $100-million capital injection that frees it from a consent order [...]
Login to your MBJ Insider account to access this content and much more
Become an MBJ Insider
By offering insightful coverage by award-winning reporters about Mississippi’s companies and industries, we help you make smart business decisions, advance your career, and find new prospects. Build your business and outsmart your competition day after day by becoming an insider.
Ready to get started? Choose your delivery method:
Benefits of being an MBJ Insider
 |
|
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- School superintendent terminated after party funds, travel questions
- Accounting firm finds problems at troubled MDMR
- Hosemann recruiting Realtors to market tax-forfeited property
- Airline announces new service at Oxford
- Davis resigns, turning over mayor's office early
- Woman indicted for Medicaid fraud; faces up to 35 years in prison
- Telepak strikes another branding deal with C Spire
- Report: State's teacher education programs 'mediocre at best'
- C Spire launches new WiFi On app for Android-powered phones
POST A COMMENT