Announced
Completed
Synopsis
Cadence Bank, a regional banking franchise, completed the acquisition of FCB Financial, the bank holding company for First Chatham Bank, for $104m. "With the completion of our merger, we're positioned to continue our growth in Georgia and specifically in the Savannah market, offering a full suite of financial products and services and creating new opportunities to benefit our teammates, customers, communities and shareholders. This merger presents an exciting opportunity to join forces with an institution that shares our dedication to serving the community through relationship-driven banking. We are excited Ken Farrell, leader of FCB Financial for many years, is joining Cadence in an important leadership role in Savannah," Dan Rollins, Cadence Bank Chairman and CEO.
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