Cadence Bank (1887–2021)
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Cadence Bank (1887–2021)
Cadence Bank was a US-based bank with 99 branches in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. The bank was based in Atlanta, with executive and operations headquarters in Birmingham, Alabama. It was the primary subsidiary of Houston, Texas based Cadence Bancorporation, a bank holding company. The bank owned the naming rights to the Cadence Bank Amphitheatre in Atlanta. History Cadence Bank was founded as the First National Bank of Aberdeen, on April 30, 1887. In 1972, it changed its name to the First National Bank of Monroe County in 1972. In March 1974, it merged with Peoples Bank in Starkville, Mississippi, becoming the National Bank of Mississippi in May of that year. 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. The bank's parent company formed in 2009 as Community Bancorp LLC. In 2010, it secured $ of capital commitment ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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