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Tag Archives: Cadence Bank

Public land in Delta impacted by river flood

Every year, hunters flock to the Delta to take advantage of some of the best public hunting land in the state offered by the Mississippi Department of Wildlife, Fisheries & Parks’ wildlife management areas (WMAs) and the U.S. Fish & Wildlife Service’s Theodore Roosevelt National Wildlife Refuge Complex. This year, however, hunters are wondering if they should find somewhere else ...

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Cadence promotes Frady

Lori Frady has been appointed treasury management officer for the states of Mississippi and Georgia at Cadence Bank. Frady began her career with Cadence in August 2008 as a senior secretary and loan assistant/consumer banker as well as serving as the president’s assistant for the Columbus region. Frady is a graduate of Caledonia High School and later attended Mississippi State ...

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Regions sets debit card fees in bid to offset revenue losses

In a soon-to-arrive consequence of the Dodd Frank Wall Street Reform and Consumer Protection Act, Regions Bank in mid-October will begin charging customers in Mississippi and elsewhere a $4 monthly fee for debit card use. The financial services sector has been predicting for the past year that Dodd Frank’s mandated cut in swipe card fees paid to a debit card’s ...

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Lambdin joins Cadence

Harry Lambdin has joined Cadence Bank as a senior vice president/credit administration manager and regional credit officer. Lambdin began his banking career in 1974 at Deposit Guaranty National Bank working in various retail and commercial lending positions. In 1990, he joined Trustmark National Bank as senior credit officer in loan administration. Over the past 10 years, he has worked at ...

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Mallory carrying out 3-year-old agreement to retire as Cadence Bank CEO & chairman

By Ted Carter The early March closing of an acquisition by Houston banking investment company Community Bancorp LLC will mark the end of Cadence Financial Corp. Chairman & CEO Lewis Mallory Jr.’s 47 years with the Starkville-based regional bank. Mark Abernathy, Cadence’s president, is expected to be elected CEO and Paul B. Murphy Jr., Community Bancorp president, chairman, Cadence said ...

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Cadence not ready to report 4Q earnings

Starkville regional bank poised to go private by end of first quarter Soon-to-go-private Cadence Bank of Starkville has decided to march to a different drummer in this year’s parade of fourth quarter earnings reports. Cadence, which will soon come under the private ownership of Houston banking investment group Community Bancorp LLC, says it will release its earnings but it’s unsure ...

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Cadence not sure when it will release 4Q earnings

By Ted Carter Put on hold any curiosity you have about the fourth quarter earnings of Starkville-based Cadence National Bank. The soon-to-go-private regional bank says it will release its earnings but it’s unsure when. “We do not have a definite release date for our earnings,” Cadence spokeswoman Donna Rupp said Friday. Cadence shareholders in December approved an acquisition by Community ...

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Mississippi banks show strength in Bauer ratings

Heritage, Cadence get the lowest grades Five-star ratings are plentiful among Mississippi’s community banks in Bauer Financial’s third quarter ratings released last Tuesday, though a handful of weak links remain: zero-rated Heritage Banking Group of Carthage, one-star rated Cadence Bank in Starkville and two-star institutions Peoples Bank of the South in Bude and OmniBank in Mantee. The Coral Gables, Fla.-based ...

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Shareholders give nod to Candence merger

Vote cleared the way for a first quarter acquisition by Houston banking investment group Community Bancorp Shareholders of Cadence Financial Corp., parent of Cadence Bank, agreed to a buyout last Thursday that takes the banking company private and pays them $2.50 in cash per Cadence common share. The shareholder vote in Starkville marked a key step in the troubled regional ...

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Cadence: Shareholder suit settled ahead of merger vote

SEC filing gives shareholders details on process for selecting merger partner With the clock ticking down to a Dec.  9 Cadence Bank shareholder vote on an acquisition of the bank, Cadence has tentatively settled an investor lawsuit that claimed that the merger terms are tilted to benefit Cadence executives and board members at the expense of investors. Shareholders must decide ...

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