Cadence Bank, found in parts of the South and Midwest, has merged two of its own subsidiaries to provide customers with a wider range of financial, human resource and insurance services, the company announced.
Cadence Bank is a commercial bank headquartered in Tupelo, Mississippi. It was formerly known as Bankcorp South, and now has offices in 10 states. The firm said that, effective March 1, its subsidiaries, BXS Insurance and Altera Payroll & Insurance will be combined.
BXSI already is the second-largest bank-owned insurance broker in the U.S., and the merger will allow human resources, employee benefits, banking, health insurance, property casualty insurance, risk management, payroll, taxes and other functions all in one place.
Topics Mississippi
Was this article valuable?
Here are more articles you may enjoy.
3 Big Questions Facing FEMA With Kristi Noem Out 
Stryker Remains Offline After Cyberattack Linked to Iran Group 
Georgia Appeals Court Reverses $345M Judgment Against Insurers in School Sex Abuse 
Kyle Busch and Wife Settle Lawsuit With Pacific Life and Insurance Agent 
