HOUSTON and TUPELO Miss., May 12, 2022
/PRNewswire/ -- BancorpSouth Bank, a division of Cadence Bank (NYSE: CADE), received the 2022
America Saves Designation of Savings Excellence for its eighth
consecutive year of promoting better savings plans for
customers.
The annual award recognizes financial institutions that go above
and beyond to encourage people to save money. BancorpSouth is one
of six banks and seven credit unions recognized for its efforts to
encourage individuals to open accounts and begin building wealth
during this year's America Saves Week. The company implemented a
comprehensive, multi-channel plan to reach customers at different
stages of their financial journeys.
"We're pleased to have received this prestigious award yet
again," said Dan Rollins, chairman
and CEO of Cadence Bank. "Our
bankers are always proud to participate in this initiative and
continue our efforts of helping customers meet their savings goals,
achieve long-term security and have a better quality of life. This
year's effort was especially important because of the high
inflation impacting our communities. The award is a testament to
our ongoing commitment to improving the financial future of our
customers and their families."
The nearly 3,100 participating organizations reached 11.17
million individuals during this year's America Saves Week, which
ran February 21-25, 2022. In
addition, they reported that individuals deposited more than
$1 billion into new and existing
savings accounts over the one-week timeframe.
America Saves Week, coordinated by America Saves and the
American Savings Education Council, is an annual opportunity for
organizations, like banks or credit unions, to support good savings
behavior by encouraging people to evaluate their savings status and
set goals. For more information about the award, visit
www.americasaves.org.
About Cadence Bank:
Cadence Bank (NYSE: CADE) is a
leading regional banking franchise with approximately $50 billion in assets and about branch locations
across the South 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.
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SOURCE Cadence Bank