Cadence Bank Foundation Donates $25,000 to The Salvation Army
Funds will support the organization’s homeless shelter in Tupelo, Mississippi
TUPELO, Miss., December 20, 2021 – Cadence Bank (NYSE: CADE) and Cadence Bank Foundation (formerly BancorpSouth Bank and BancorpSouth Bank Foundation) announced today a $25,000 contribution to The Salvation Army to support its homeless shelter in Tupelo, Mississippi.
The contribution was made in honor of Guy Mitchell’s 20 years of service as a member of the BancorpSouth Board of Directors and will help The Salvation Army maintain its Jim Ingram Red Shield Lodge, which provides temporary shelter, food and laundry facilities for individuals and families.
“Our company has a long relationship with The Salvation Army, so we're proud to continue to support its efforts to provide homeless individuals with the resources and support they need to regain stability,” said Leighton Gibens, president - Tupelo, Mississippi market for BancorpSouth, a division of Cadence. “This shelter plays a critical role in our community's response to homelessness, providing a great resource for people who need a warm and safe place to stay. ”
According to the National Alliance to End Homelessness, in Mississippi, five in 10,000 people are homeless in the general population, and many of those individuals and families are without shelter.
The Jim Ingram Red Shield Lodge, which opened in October 2019, has enhanced The Salvation Army’s ability to serve those in need throughout the Tupelo, Mississippi area. The shelter has wings for men, women and families. For more information about The Salvation Army’s Tupelo operations, visit www.salvationarmyalm.org.
About Cadence Bank
Cadence Bank (NYSE: CADE) is a leading regional banking franchise with approximately $50 billion in assets and more than 400 branch locations across the South, Midwest and Texas. Cadence provides consumers, businesses and corporations with a full range of innovative banking and financial solutions. Services and products include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, and personal and business insurance. Cadence is committed to a culture of respect, diversity and inclusion in both its workplace and communities. Cadence Bank, Member FDIC. Equal Housing Lender.
(662) 680-2038 direct | (662) 213-9592 mobile
(713) 871-4072 direct | (281) 740-4366 mobile