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Toney Assumes Role as Mississippi President of Cadence Bank

STARKVILLE, Miss., April 24, 2014 — Cadence Bank announced today that Jerry Toney, a senior financial consultant for the bank’s Wealth Services Division, has been named president of Cadence Bank for Mississippi. While Toney’s main focus will continue to be investment services, these additional responsibilities will include collaborating with the established team of Mississippi Cadence bankers to develop and implement growth plans for the bank.

“Jerry has demonstrated a passion for Cadence Bank and has participated in its growth,” said Paul B. Murphy, Jr., Cadence Bank chairman. “In the 17 years he has been with the bank, he has guided the development of the private banking, financial planning and investment management group, making it one of the most successful in our company. In addition, his enthusiasm for the continued development and progress of the Golden Triangle is remarkable.”

According to Toney, he plans to draw heavily from the expertise within Cadence and their local advisory board members to help direct the bank’s future strategy.

“The future for a bank like Cadence in the Golden Triangle is tremendous because this region is definitely on an upward trajectory and our customers have significant opportunities,” said Toney. “We believe the financial products and services we offer are truly in the top tier, and we can help our clients benefit from this strengthening economy.”

Cadence recently was named among the 25 top-performing regional banks in the country by SNL, an independent and well regarded provider of business intelligence. According to Murphy, the commendable work of Toney and the entire Mississippi team contributed to this ranking.

As a Mississippi native, Jerry is committed to the economic development of the Golden Triangle, as well as the prosperity of the entire state. He presently serves on several civic, economic and professional boards, including the Greater Starkville Development Partnership, Golden Triangle Development Link and Northeast Mississippi Council of Financial Planning Association.

Jerry actively is engaged with his alma mater, Mississippi State University, where he received his degree in Real Estate and Mortgage Finance in 1996. After serving as president of the local chapterof the Mississippi State University Alumni Association, he was elected to serve as vice president and then president of the National Board of Directors. Currently, he serves as a member of the Mississippi State University’s Master Planning Committee and on the advisory boards of the Athletic Council and Department of Finance and Economics. He also was recently selected by the university to serve on the Search Committee for the new Executive Director for the Mississippi State University Alumni Association.

Toney is using his skills and experience as a professional financial planner to give back to future generations of Mississippi State University graduates. He currently serves as an adjunct lecturer for the Department of Finance & Economics.

In 2013, he was chosen by Town and Gown Magazine as one of the Top 10 Most Influential Men in the Golden Triangle, and in 2014, he was selected by the Mississippi Business Journal as one of the Top 40 Under 40. Toney began his banking career at Cadence Bank as a trust officer and financial counselor, followed by positions of increasing responsibility. Most recently, he served as senior financial consultant and senior vice president.

He and his wife, Christan, have two children, Leala, 8, and Parker, 4. They reside in Starkville and are active members of First United Methodist.

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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