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Cadence Bank Adds Seasoned Correspondent Banker Tom Kennedy to its Financial Institutions Group

BIRMINGHAM, December 17, 2020 – Cadence Bank, a subsidiary of Cadence Bancorporation (NYSE: CADE), today announced that Correspondent Banker, Thomas H. Kennedy, Jr. has joined the bank as senior vice president in its Financial Institutions Group (FIG).

“Joining Cadence Bank felt like the right move at the right time. Cadence’s unique and fresh approach to correspondent banking relationships offers clients multiple product lines that can assist financial institutions with growth and increased efficiencies” said Tom Kennedy. “The FIG team brings great value to their financial institution clients, and I’m looking forward to collaborating with them on growing our presence in the Southeast region.” 

Kennedy, who is a certified public accountant (CPA), brings over 25 years of financial services experience to Cadence Bank. Tom has great knowledge of the banking industry’s financial, regulatory and competitive dynamics. Kennedy will support Kathy Armstrong, director of Cadence Bank’s FIG team, in efforts to increase strong, correspondent banking relationships with financial institutions and provide them with the analysis and strategies they need to achieve their goals. 

Prior to joining Cadence Bank, Kennedy served as senior vice president in Investment Strategies at Morgan Stanley and BBVA Compass Bank. Tom has a B.S in accounting and an MBA, with a concentration in accounting from Auburn University.

“Tom is a highly experienced correspondent banker with a long track record of consulting with financial institutions to achieve their strategic objectives, including asset liability management, loan sales, and strategic planning” said Kathy Armstrong. “Tom is an outstanding addition to our growing team and will help Cadence effectively expand our footprint in the Southeast.”  

About Cadence Bank 

Cadence Bank is a leading regional banking franchise with $18.4 billion in assets as of September 30, 2020, and 99 branch locations in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Backed by 133 years of financial expertise, Cadence provides corporations, middle-market companies, small businesses and consumers with a full range of innovative banking and financial solutions. Services and products include commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, personal and business insurance, consumer banking, consumer loans, mortgages, home equity lines and loans, and credit cards. Clients have access to leading-edge online and mobile solutions, interactive teller machines, and more than 55,000 ATMs. The Cadence team of 1,800 associates is committed to exceeding customer expectations and helping their clients succeed financially. Cadence Bank, N.A. is a subsidiary of Cadence Bancorporation (NYSE: CADE). For additional information, visit cadencebank.com. Cadence Bank, N.A. Member FDIC. Equal Housing Lender. NMLS#525022.


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Contact:
Danielle Kernell
Cadence Bank
713-871-4051 direct | 713-392-7709 mobile
danielle.kernell@cadencebank.com 

Sheena Cochran
Cadence Bank
713-871-4072 direct | 281-740-4366 mobile
sheena.cochran@cadencebank.com 



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