Cadence Bank was founded in 1889 in Starkville, Mississippi as Cadence Bank, N.A.and grew to $1.6 billion in assets, with 38 locations in Alabama, Florida, Georgia, Mississippi and Tennessee. In March 2011 CBC acquired Cadence Bank, N.A. CBC purchased Birmingham-based Superior Bank in April 2011, with $3.4 billion in assets, 73 banking offices and 23 consumer finance offices in Alabama and Florida, from the FDIC. In November 2011, CBC merged Superior Bank and Cadence Bank into Cadence Bank, N.A., a regional bank based in Birmingham; CBC adopted its new name, Cadence Bancorp, LLC, signifying the unity of one holding company, based in Houston, with one banking subsidiary under the Cadence brand.
Cadence Bank, N.A., operationally headquartered in Birmingham, Alabama, in the United States, is a leading regional banking company with more than $6.0 billion in assets. An operating subsidiary of Houston-based Cadence Bancorp, LLC, Cadence Bank operates a network of more than 100 branches in the states of Alabama, Florida, Mississippi, Georgia, Tennessee and Texas.
Cadence serves commercial and consumer clients with commercial and consumer banking, treasury management, small business banking, international services, specialized industry lending, wealth management, investment and trust services, financial planning, retirement plan management, business and personal insurance, consumer loans, mortgages, home equity lines and loans, and credit cards.
Cadence Bank (Member Federal Deposit Insurance Corporation (FDIC), Linscomb & Williams and Cadence Insurance Agency are wholly owned subsidiaries of Cadence Bancorp, LLC.
- More than $6.2 billion in assets
- Strong capital base earning highest capital ratio classification of "well capitalized"
- Experienced management team and board with excellent track record
- Raised $1.0 billion in capital in 2010 and has deployed $925 million to support banking in the Southeast and in Texas
- Privately owned, with investors who are focused on the long-term that include top university endowments and pension funds
- More than 100 locations in six states: Alabama, Florida, Georgia, Mississippi, Tennessee and Texas
- An earnest commitment to giving back to the communities where we live and work
- Nearly 1,500 associates
