Posts Tagged ‘Cadence Bank’

So much for a handshake

by Ted Carter Published: October 10,2010

Tags: Cadence Bank, Community Bancorp, Lewis Mallory Jr., Paul B. Murphy Jr., Trustmark

Cadence spurns Trustmark for upstart Houston investment group In the end, Starkville-based Cadence Bank’s handshake and “definitive agreement” with Trustmark National Bank went by the wayside last Wednesday in exchange for an attractive sale price and immediate capital injection of upwards of $200 million from a Houston banking investment group. The prospect of keeping intact […] [...]

Trustmark to take over troubled Cadence

by Ted Carter Published: September 22,2010

Tags: Cadence Bank, JACKSON, Richard G. Hickson, STARKVILLE, Trustmark National Bank

Trustmark has reached a deal to take over troubled Cadence Bank, a $1.87 billion regional bank holding company that federal regulators had under a consent order that expired Sunday. Both banks are publicly held with headquarters in Mississippi, Trustmark in Jackson and Cadence in Starkville. They announced the deal late Monday, a day after a […] [...]

FRB recognizes Mallory’s service

by MBJ Staff Published: July 4,2010

Tags: Cadence Bank, Federal Reserve Bank, Lewis F. Mallory Jr.

Lewis F. Mallory Jr., chairman and chief executive officer of Cadence Bank, was recently presented an award by the Federal Reserve Bank (FRB) of St. Louis in recognition of his many years of volunteer service. Martha L. Perine Beard, senior branch executive of FRB’s Memphis Branch, presented the award June 4 in Starkville. According to […] [...]

GCM leaving Cadence

by MBJ Newswires Published: September 14,2009

Tags: Cadence Bank, Columbus, Galloway Chandler McKinney Insurance Agency Inc., GCM

Columbus – Officials of Galloway Chandler McKinney Insurance Agency Inc. (GCM) announced the execution of an agreement by which previous owners and several associates of GCM have purchased the company back from Cadence. Terms were not disclosed. The ownership change concludes 10 years of a mutually beneficial relationship in which GCM operated as a wholly-owned […] [...]

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