Cadence Bank entered into a definitive agreement to sell its insurance operations, Cadence Insurance, to Arthur J. Gallagher & Co. for $904 million in cash.
Cadence Bank appointed Shanna Kuzdzal chief legal officer. Kuzdzal will succeed Chuck Pignuolo, who will retire on June 30. Kuzdzal was previously a senior executive vice president and general counsel for Stellar Bancorp.
Cadence Bank launched its new brand identity and corporate website, underscoring its continued commitment to helping people, companies and communities prosper and delivering on its brand promise of creating ease for customers.
Cadence Bank named Mandy Mitchell its chief experience officer, a newly established position reporting to Dan Rollins, chairman and CEO of the bank. Mitchell most recently served as director of strategic initiatives for Cadence Bank.
BancorpSouth Bank and Cadence Bancorporation closed the previously announced merger in which Cadence merged into BancorpSouth. Upon the completion of the merger, BancorpSouth was renamed Cadence Bank.
BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, received final FDIC approval to merge. The FDIC approval follows recent approvals from the Mississippi Department of Banking and Consumer Finance from shareholders.
BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion.
BancorpSouth Bank has completed its previously announced mergers with Casey Bancorp, Grand Bank of Texas, Merchants Trust and Merchants Bank, effective April 1, 2019.
Casey Bancorp and its wholly-owned subsidiary, Grand Bank of Texas, signed a definitive merger agreement to merge with and into BancorpSouth Bank.