BancorpSouth

LPL Financial Welcomes BancorpSouth to Its Institution Services Platform

Retrieved on: 
Tuesday, November 8, 2022
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Legacy Cadence Bank, which leveraged LPLs Investment Services platform to support its investment business, merged into BancorpSouth Bank in a deal that closed in October 2021.

Key Points: 
  • Legacy Cadence Bank, which leveraged LPLs Investment Services platform to support its investment business, merged into BancorpSouth Bank in a deal that closed in October 2021.
  • We welcome BancorpSouth Bank to LPLs Institution Services platform, said Ken Hullings, senior vice president, Business Development.
  • LPL Financial (Nasdaq: LPLA) was founded on the principle that the firm should work for the advisor, and not the other way around.
  • Registered representatives of LPL offer products and services using Cadence Investment Services and may also be employees of Cadence Bank.

Cadence Bank Reveals New Brand Identity and Website

Retrieved on: 
Tuesday, October 18, 2022
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and HOUSTON, Oct. 18, 2022 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced the launch of 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.

Key Points: 
  • and HOUSTON, Oct. 18, 2022 /PRNewswire/ -- Cadence Bank (NYSE: CADE) today announced the launch of 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.
  • The launch of the new brand identity and website comes on the heels of the successful integration of the legacy BancorpSouth Bank and legacy Cadence Bank systems and customer accounts over the weekend of October 7, 2022.
  • BancorpSouth and Cadence completed their merger in October 2021 to become the new Cadence Bank.
  • "With the unveiling of our new brand and website, we're showing the world that the new Cadence is unified, strong, stable and ready to deliver service, expertise and a customer experience second to none," said Dan Rollins, chairman and CEO of Cadence Bank.

Impact Shares Affordable Housing MBS ETF (NYSE: OWNS) Celebrates Its First Anniversary, Helping to Reduce the Racial Wealth Gap

Retrieved on: 
Tuesday, August 16, 2022
Professional Services, Finance, ETF, Woman, U.S. Securities and Exchange Commission, Internal Revenue Code, Risk, MBS, NYSE, CEO, Fund, Growth, Geography, Poverty, CRA, Prospectus, District, LLC, BancorpSouth, LMI, Internal Revenue Code section 1031, Knowledge, Communication, Research, Security (finance), Redfin, Income, ESG, Risk management, NAV, Hispanic and Latino Americans, Investment, Financial adviser, COO, Pension, Community, Â, CCM, Housing, African Americans, Drug, Bank

Impact Shares and Community Capital Management (CCM) celebrate the first anniversary of the Impact Shares Affordable Housing MBS ETF (NYSE: OWNS).

Key Points: 
  • Impact Shares and Community Capital Management (CCM) celebrate the first anniversary of the Impact Shares Affordable Housing MBS ETF (NYSE: OWNS).
  • The ETF offers investors a capital markets solution for bridging the racial wealth gap to help address the affordable housing crisis in the U.S.
  • OWNS is the culmination of our focus on addressing the racial wealth gap, said Alyssa Greenspan, president and COO of CCM.
  • OWNS enables all types of investors the opportunity to focus on affordable homeownership to help reduce the wealth gap issue.

CapStar Announces Significant Chattanooga Investment

Retrieved on: 
Monday, July 11, 2022
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NASHVILLE, Tenn., July 11, 2022 (GLOBE NEWSWIRE) -- CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), today announced the addition of four seasoned, local bankers doubling the size of the Banks recently developed Chattanooga banking group.

Key Points: 
  • NASHVILLE, Tenn., July 11, 2022 (GLOBE NEWSWIRE) -- CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), today announced the addition of four seasoned, local bankers doubling the size of the Banks recently developed Chattanooga banking group.
  • We are thrilled to welcome the addition of these well-recognized market leaders, said Chattanooga Market President Brian Paris.
  • She is a former member of the Kiwanis Club of Chattanooga and Hospice of Chattanooga Foundation.
  • Craig has 17 years of Chattanooga banking experience most recently serving as Chattanooga President for Southern Heritage Bank.

BancorpSouth, a division of Cadence Bank, Recognized By National Campaign Promoting Savings

Retrieved on: 
Thursday, May 12, 2022
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HOUSTON and TUPELO Miss., May 12, 2022 /PRNewswire/ --BancorpSouth Bank, a division of Cadence Bank (NYSE: CADE), received the 2022 America Saves Designation of Savings Excellence for its eighth consecutive year of promoting better savings plans for customers.

Key Points: 
  • HOUSTON and TUPELO Miss., May 12, 2022 /PRNewswire/ --BancorpSouth Bank, a division of Cadence Bank (NYSE: CADE), received the 2022 America Saves Designation of Savings Excellence for its eighth consecutive year of promoting better savings plans for customers.
  • The company implemented a comprehensive, multi-channel plan to reach customers at different stages of their financial journeys.
  • "We're pleased to have received this prestigious award yet again," said Dan Rollins, chairman and CEO of Cadence Bank.
  • In addition, they reported that individuals deposited more than $1 billion into new and existing savings accounts over the one-week timeframe.

Banks Award $750K to Help Build Residential Facility for Recovery Program

Retrieved on: 
Wednesday, February 23, 2022
Other Philanthropy, Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Philanthropy, Residential Building & Real Estate, Federal Home Loan Banks, Income, Workplace, Rehabilitation, CADE, Cadence Bank, Addiction, BancorpSouth, Trust, Man, Culture, AHP, Equal housing lender, Organization, NYSE, FDIC, Housing, Multimedia, SBA, Life, Neighbourly (community investment platform), Treasury, Congress, Respect, FHLB, Renewable energy, Bank, Other Philanthropy, Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Philanthropy, Residential Building & Real Estate, Cadence Bank, the Federal Home Loan Bank of Dallas, CADENCE BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

Renewal Ranch is a faith-based residential addiction recovery program for men ages 21 and older located on 116 acres near Conway, Arkansas.

Key Points: 
  • Renewal Ranch is a faith-based residential addiction recovery program for men ages 21 and older located on 116 acres near Conway, Arkansas.
  • We are very humbled and grateful to have received this $750,000 award allowing us to fight drug addiction in our community even harder.
  • We are thankful to partner with FHLB Dallas to help construct this facility for Conway-area men in need.
  • The subsidies will help create 2,113 new or rehabilitated housing units, including $1.5 million for 102 units in Arkansas.

Renewal Ranch to Celebrate $750K Subsidy at Check Presentation

Retrieved on: 
Friday, February 18, 2022
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The funds were awarded to Renewal Ranch, a faith-based residential addiction recovery program for men located on 116 acres near Conway, Arkansas.

Key Points: 
  • The funds were awarded to Renewal Ranch, a faith-based residential addiction recovery program for men located on 116 acres near Conway, Arkansas.
  • The media is encouraged to join organization and bank representatives for the check presentation at 11:00 a.m. Tuesday, February 22, 2022, at BancorpSouth Bank, 126 East Oak Street in Conway, Arkansas.
  • AHP funds are intended to assist FHLB Dallas members in financing the purchase, construction and/or rehabilitation of owner-occupied, rental or transitional housing, and housing for homeless individuals.
  • In 2021, FHLB Dallas awarded $18.5 million in subsidies to 26 affordable housing projects to help create or rehabilitate 2,113 housing units.

Renewal Ranch Receives $750K from BancorpSouth and FHLB Dallas

Retrieved on: 
Thursday, January 20, 2022
Residential Building & Real Estate, Banking, Construction & Property, Professional Services, Health, Philanthropy, Other Philanthropy, Men, Mental Health, Consumer, Finance, Income, Cadence Bank, AHP, Treasury, Man, Rehabilitation, FDIC, SBA, NYSE, Neighbourly (community investment platform), Workplace, Federal Home Loan Banks, CADE, Housing, Culture, Program, Sexual abuse, Mitchell–Lama Housing Program, Equal housing lender, Congress, Multimedia, Respect, FHLB, Trust, BancorpSouth, Renewable energy, Drug, Bank, Central Arkansas, Cadence Bank, the Federal Home Loan Bank of Dallas, CADENCE BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

BancorpSouth Bank, a division of Cadence Bank (NYSE: CADE), and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $750,000 Affordable Housing Program (AHP) subsidy to Renewal Ranch to help build a $1.9 million residential facility on its campus.

Key Points: 
  • BancorpSouth Bank, a division of Cadence Bank (NYSE: CADE), and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $750,000 Affordable Housing Program (AHP) subsidy to Renewal Ranch to help build a $1.9 million residential facility on its campus.
  • View the full release here: https://www.businesswire.com/news/home/20220120006001/en/
    BancorpSouth Bank and FHLB Dallas awarded a $750,000 Affordable Housing Program subsidy to Renewal Ranch to help build a $1.9 million residential facility on its campus.
  • We are honored to use the AHP funding to help Renewal Ranch expand its residential housing, Ms. Davis said.
  • Between 1990 and 2021, FHLB Dallas has awarded $344.6 million in AHP and Homeownership Set-Aside Programs and has assisted nearly 60,000 households.

Cadence Bancorporation Declares Special Dividend of $1.25 Per Share

Retrieved on: 
Friday, October 15, 2021
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Based on the current number of shares outstanding, the special cash dividend is expected to result in an aggregate distribution of approximately $153 million.

Key Points: 
  • Based on the current number of shares outstanding, the special cash dividend is expected to result in an aggregate distribution of approximately $153 million.
  • This special dividend is in addition to the Companys quarterly cash dividends.
  • We are pleased that Cadence shareholders will enjoy a meaningful one-time, special cash dividend as agreed upon in the merger agreement.
  • Cadence Bancorporation (NYSE: CADE), headquartered in Houston, Texas, is a regional financial holding company with $18.7 billion in assets as of June 30, 2021.

Banks Award $78K to 10 Nonprofits in Three States

Retrieved on: 
Tuesday, October 5, 2021
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PGP grants help qualified nonprofit organizations fund a variety of operational and administrative activities that are critical to serving their communities.

Key Points: 
  • PGP grants help qualified nonprofit organizations fund a variety of operational and administrative activities that are critical to serving their communities.
  • Hope Downtown Network, Hope, Arkansas, $4,000, makes and promotes improvements to the downtown area of Hope, Arkansas.
  • For more information about the 2021 PGP grants and other FHLB Dallas community investment products and programs, please visit fhlb.com/pgp .
  • The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932.