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Tag Archives: Cadence Bank

Cadence hikes its prime rate after Fed action

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Responding to the Federal Reserve raising its benchmark interest rate, Cadence Bank will increase its prime rate from 3.25 percent to 3.50 percent, effective Friday. The Houston-based privately held bank formally headquarterd in Starkville said its rate hike followed the Fed  Board of Governor’s unanimous approval of an increase between 0.25 percent and 0.50 percent, an increase from near zero. ...

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A.B. Puckett joins Cadence Bank

A.B. Puckett IV of Columbus has joined Cadence Bank’s local advisory board for Columbus and West Point. Puckett, a native and long-time resident of Columbus, is a manager at Columbus Brick Company. Puckett joins current advisory board members: Drake Bassett, John Brady, Tim Brinkley, Paul Cade, Dr. Helen Campassi, Jack Chilcutt, Todd Davis, Tony Dunser, John “Sonny” Jameson, Dr. Germain ...

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Pat Lane joins Cadence panel

Pat Lane has joined Cadence Bank’s local advisory board for Starkville. Lane has been a real estate broker in the Starkville area for 39 years. She was recognized as Coldwell Banker’s top producer in Mississippi from 1998 to 2001 and was honored with the International President’s Elite designation eight consecutive times. She also has been voted by the community as ...

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Bauer rankings reflect strong Q3 showing for Mississippi banks

A total of 45 Mississippi banks and saving and loans garnered five-star ratings from Bauer Financial Services in the third quarter. Of Mississippi’s largest banks, the $20 billion Hancock Bank of Gulfport was the only one to receive five stars, though Jackson’s Trustmark and Tupelo’s Renasant performed well enough to gain four stars each. BancorpSouth, the state’s second largest bank ...

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Cadence Bank releases 'Fluent' to help customers' money mangement

Cadence Bank today announced the release of Fluent by Cadence, a new suite of products designed to help clients manage their money better, faster and more conveniently. Available at no charge to Cadence Bank customers, Fluent is comprised of three secure, user-friendly products for a comprehensive and engaging money management experience: Cadence Mobile, Cadence FlashDeposit and Cadence TotalMoney. With Fluent, ...

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Bank employee arrested for embezzlement; faces up to 10 years in prison

COLUMBUS — An Oktibbeha County bank employee has been arrested for embezzling from her employer, according to Attorney General Jim Hood. Ashley Smith, 28, of Columbus, was arrested by investigators with the Attorney General’s Public Integrity Division following indictment by an Oktibbeha County grand jury on one count of embezzlement.  The indictment charges Smith with embezzling over $30,000 while working ...

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Billy Williams managing Cadence Allegro portal

Cadence Bank has promoted Billy Williams to senior vice president, Treasury Management product manager.  In this role, Williams will manage Allegro!, the bank’s sign-on portal. Williams, who joined Cadence in 1999, has held several positions with the bank, most recently serving as vice president of application support and technology support liaison to the bank’s Treasury Management department. 

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Cadence CEO: Possible IPO could raise capital

A resurrected Cadence Bank, formerly headquartered in Starkville but now operating out of Birmingham, Ala., is pausing for some introspection after a couple years of rapid growth throughout a multi-state region. The period of internal focus could lead the privately held $5.7-billion banking company to decide to go public, a move that would return the bank to an ownership structure ...

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Capital mixed with skill and luck gives Cadence success

A five-star Bauer Financial rating and a percentage of growth in commercial & industrial loans that topped all U.S. banks have made for a lot of pats on the back throughout the multi-state market of the $5.7 billion-asset Cadence Bank. From Cadence CEO Sam Tortorici’s perspective, “It’s amazing what a lot of capital and a very experienced institution can do.” ...

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Cadence Bank welcomes Whitney Windham

Whitney Windham has joined Cadence Bank as a mortgage loan originator. Windham previously worked at BankPlus as a mortgage loan originator, and brings several years of experience to the position. She earned a bachelor of science in banking and finance from the University of Mississippi, followed by an MBA from Millsaps College. She and her husband, Will, who is a ...

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