Cadence Bancorporation Expands in Coastal Georgia Through Strategic Merger with FCB Financial Corp.
- Cadence Bank's merger with FCB Financial Corp. expands its presence in Savannah and Coastal Georgia, enhancing community-focused banking.
- The merger creates a portfolio exceeding $50 billion, enabling Cadence to offer comprehensive financial products across over 350 locations.
- Cadence Bank aims to strengthen community ties and improve customer service through relationship-driven banking following the merger.
Cadence Bank Strengthens Presence in Coastal Georgia with Strategic Merger
Cadence Bank successfully completes its merger with FCB Financial Corp., the parent company of First Chatham Bank, marking a significant expansion into Savannah and Coastal Georgia. This strategic move not only enhances Cadence's geographic footprint but also reinforces its dedication to community-focused banking. Dan Rollins, chairman and CEO of Cadence Bank, emphasizes the growth potential in Georgia, particularly in Savannah, highlighting the merger's role in enabling the bank to deliver a comprehensive suite of financial products and services tailored to the needs of the community.
The merger, which creates a combined portfolio exceeding $50 billion, positions Cadence Bank to leverage its extensive network of over 350 locations across the South and Texas. The integration of First Chatham Bank is expected to foster new opportunities for Cadence's employees, customers, and the communities it serves. Rollins expresses enthusiasm about the addition of Ken Farrell, the former leader of FCB Financial, to a key leadership role within Cadence, which he believes will enhance the operational effectiveness and customer engagement of the newly merged entity.
Cadence Bank's commitment to relationship-driven banking is exemplified in its approach to this merger. By focusing on community needs and expanding its service offerings, the bank aims to strengthen its ties with local stakeholders. The merger is anticipated to not only elevate customer service but also provide enhanced financial solutions for individuals, businesses, and corporations in the region. With Cadence's recognition as one of America's best employers and its recent accolade as one of America's Best Banks by Forbes in 2025, the institution is well-positioned to meet the evolving needs of its customer base in Savannah and beyond.
In addition to the merger, Cadence Bank's corporate offices remain strategically located in Houston, Texas, and Tupelo, Mississippi. The bank’s long history of nearly 150 years underlines its stability and commitment to the communities it serves. Stakeholders are encouraged to monitor the integration process closely while considering the potential benefits this merger brings to all parties involved.
As Cadence Bank embarks on this new chapter, the emphasis on relationship-driven banking and community engagement continues to guide its strategic decisions, setting the stage for a promising future in the competitive landscape of the financial services industry.