Cadence Bancorporation Expands in Georgia Through Strategic Merger with FCB Financial Corp.
- Cadence Bank's merger with FCB Financial Corp. strengthens its presence in Coastal Georgia and enhances community-focused banking.
- CEO Dan Rollins highlights growth opportunities in Savannah, expanding Cadence's financial products and services for local customers.
- The merger positions Cadence Bank for sustained growth while reinforcing its commitment to community engagement and diverse economic development.
Cadence Bank Strengthens Georgia Presence with Strategic Merger
Cadence Bank announces the successful completion of its merger with FCB Financial Corp., the parent company of First Chatham Bank in Savannah, Georgia, a development that marks a significant expansion for the bank in the region. This strategic union enhances Cadence's operational footprint in Coastal Georgia, aligning with its commitment to community-focused banking. CEO Dan Rollins expresses enthusiasm regarding the merger, underscoring the potential for significant growth opportunities in Savannah and the surrounding areas. He emphasizes that the merger not only diversifies the bank's offerings but also enhances its capacity to serve local customers with a comprehensive suite of financial products and services tailored to meet their needs.
The integration of FCB Financial’s leadership, particularly the appointment of Ken Farrell, a long-time executive, to a key role within Cadence, is another critical aspect of this merger. This move is expected to bring local expertise and strengthen the bank's connection to the community. With a robust portfolio exceeding $50 billion and over 350 locations across the Southern United States and Texas, Cadence Bank is well-positioned to leverage this merger, fostering relationships that enhance customer experience and community engagement. The bank’s commitment to delivering relationship-driven banking is further reinforced by its recognition as one of America's best employers and its recent accolade as one of America's Best Banks by Forbes in 2025.
As Cadence Bank embarks on this new chapter, it anticipates that the merger will create numerous opportunities not just for its customers but also for its employees and shareholders. The bank encourages stakeholders to consider the forward-looking statements regarding the integration process and the expected benefits associated with this merger. Cadence Bank's strategic focus on community engagement, coupled with its expansive range of services, positions it for sustained growth in the competitive banking landscape of Georgia.
In addition to the merger, Cadence Bank continues to emphasize its commitment to serving diverse communities and fostering economic development in its operational areas. By enhancing its service offerings and expanding its geographic reach, the bank aims to solidify its presence and impact in the financial services sector. The successful integration of First Chatham Bank’s operations is expected to showcase Cadence Bank's dedication to delivering exceptional banking experiences that resonate with local values and needs. As the merger unfolds, stakeholders remain optimistic about the positive changes it will bring to the communities served.