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In 1886, the banking operation was moved to Tupelo, Mississippi and the company was renamed to Bank of Lee County, Mississippi. Soon after, it was renamed to the Bank of Tupelo. The bank was renamed to Bank of Mississippi in 1966. In 1997, the bank changed its name to BancorpSouth. [2] In October 2021, the bank changed its name to Cadence Bank.
In October 1974, it merged with the National Bank of Commerce of Columbus to become the National Bank of Commerce of Mississippi. In 2005, it changed its name to Cadence Bank, N.A. [5] The bank's parent company formed in 2009 as Community Bancorp LLC. In 2010, it secured $1 billion of capital commitments. It acquired Cadence Bank in March 2011. [6]
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
Fixing low-income Mississippi’s banking access problems ... system via a checking or savings account or are forced to use alternative financial situations such as pawn shops, payday loans, and ...
Mississippi. 065305436. Missouri. 081001387. North Carolina. 053012029. South Carolina. ... you’ll need to use routing number 062005690 and also supply the bank’s name, your name and account ...
[3] [10] He served as the chairman and CEO of Cadence Bank until its merger with BancorpSouth Bank in October 2021. [11] [12] [13] During his tenure, the assets of the bank reached $18 billion and it was successfully listed on the New York Stock Exchange in 2017. As part of the merger, Murphy transitioned to the role of executive vice chairman ...
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