Federal Reserve Board announces approval of application by Cadence Bancorporation

Federal Reserve
Federal Reserve
This post was originally published on this site

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.

December 07, 2018

Federal Reserve Board announces approval of application by Cadence Bancorporation

For release at 3:30 p.m. EST

The Federal Reserve Board on Friday announced its approval of the application under section 3 of the Bank Holding Company Act of 1956 by Cadence Bancorporation, Houston, Texas, to acquire State Bank Financial Corporation (SBFC), Atlanta, Georgia, and thereby indirectly acquire SBFC’s subsidiary bank, State Bank and Trust Company, Macon, Georgia.

Attached is the Board’s order relating to this action.

For media inquiries, call 202-452-2955.

Last Update: December 07, 2018