Company Profile
Company Overview
Cadence Bank, N.A., based in Birmingham, Ala., is a $6.0 billion bank with more than 100 locations in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Backed by 126 years of financial expertise, Cadence serves commercial and consumer clients with a full range of innovative banking
and financial solutions designed to keep pace with their lives. These products and services include commercial and consumer banking, small business banking, treasury management, international banking, specialized lending, commercial real estate, 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 and its affiliates, Linscomb & Williams and Cadence Insurance, are wholly owned subsidiaries of Houston-based Cadence Bancorp, LLC.
Company History
The financial world had seen tough times when in 2009 banking leader Paul B. Murphy, Jr. was tapped as CEO to lead a Houston-based holding company, formed to promote community and business growth, called Community Bancorp, LLC (CBC). Murphy recruited a talented management team.
Alongside a board that represents some of the best minds in banking, the management team successfully completed a $1 billion capital raise in late 2010 to invest in the U.S. banking industry. These patient investors represent some of the best known pension funds and university endowments in the country. To date, Cadence Bancorp, LLC, as the holding company is now known, has invested $925 million of the original $1 billion.
With its extremely strong capital base, Cadence Bancorp continues to evaluate opportunities to acquire banks that could thrive with fresh capital, experienced management and technology investments.
As a new bank, founded on 126 years of financial expertise, Cadence is setting a fresh pace in the banking industry. Cadence is constantly looking for opportunities to grow not only its physical presence across the Southeast and in Texas, but its intellectual presence as well, investing in new tools and services to better help customers manage their finances comfortably, naturally and successfully. Cadence Bank’s story is one of continual growth. And all are invited to be part of it. By remaining focused on staying in stride with its customers and its communities every step of the way, Cadence Bank hopes to help everyone find their Cadence.