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Cadence Bank Expands to San Antonio

HOUSTON/SAN ANTONIO, TX – Sept. 6, 2012 – Cadence Bancorp, LLC, announced today that a highly experienced lending team in San Antonio has joined the bank to provide enhanced growth opportunities for businesses in central Texas.

“When you look at the business climate in San Antonio, the word ‘growth’ describes it perfectly,” said Paul B. Murphy, Jr., president and chief executive officer of Cadence Bancorp and chairman of Cadence Bank. “This team of bankers is looking forward to helping these companies as they develop and expand by providing best-in-class banking products and services combined with a service philosophy that puts a priority on meeting customer needs.”

The team, which will focus on commercial and industrial clients, includes:

Steve Edlund, Executive Vice President and Market Executive
Adam Carr, Senior Vice President
Marco Garcia, Senior Vice President
Bruce McMillan, Senior Vice President
Maggie Ortiz, Senior Vice President
Perla Villalpando, Vice President
Mike Wallace, Assistant Vice President.

“This opportunity to launch a new bank in this region that is known for its focus on the business client is significant for our group,” said Edlund. “Every day, we see businesses that could become more efficient and effective if they had the products such as those offered by Cadence. I have never seen a suite of treasury products as geared to the customer as Cadence has. They have not left a stone unturned in looking at banking from the customer’s perspective. Already, the reception to new ideas and new opportunities to streamline business processes is outstanding.”

Cadence Bancorp, parent of Cadence Bank, was formed in 2010 with the goal of bringing fresh capital, solid technology and experienced management to the U.S. banking industry. Murphy and a team raised $1.0 billion in new capital from investors focused on the long term, including state pension funds and university endowments.”

“This move into Central Texas is exactly what we set out to do — bring fresh capital to help grow businesses and technology that can enhance their operations,” said Murphy. “This is playing out extremely well in the Southeast, where our original banks were purchased, and now in Houston and Texas. We are part of the growth story and we intend to ensure this continues.”

About Cadence Bank

Cadence Bank, N.A., based in Birmingham, Ala., is a $5.7 billion bank with more than 100 locations in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Backed by 126 years of financial expertise, Cadence serves commercial and consumer clients with a full range of innovative banking and financial solutions designed to keep pace with their lives. These products and services include commercial and consumer banking, small business banking, treasury management, international banking, specialized lending, commercial real estate, wealth management, investment and trust services, financial planning, retirement plan management, business and personal insurance, consumer loans, mortgages, home equity lines and loans, and credit cards. Cadence Bank and its affiliates, Linscomb & Williams and Cadence Insurance Agency, are wholly owned subsidiaries of Houston-based Cadence Bancorp, LLC. Additional information about Cadence Bank is available at Cadence Bank, N.A. Member FDIC. Equal Housing Lender.

Contact Information: 

Danielle Kernell

Cadence Bank, N.A.
713-871-4051 direct | 713-392-7709 mobile

[email protected]

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