BancorpSouth, a division of Ca
HOUSTON and Miss TUPELO., May 12, 2022 /PRNewswire/ — BancorpSouth Bank, a division of Cadence bank (NYSE: CADE), received the 2022 America Saves Designation of Savings Excellence award for its eighth consecutive year 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 start building wealth during this year’s America Saves Week. The company has a comprehensive multi-channel plan in place to reach customers at different stages of their financial journey.
“We are delighted to have once again received this prestigious award,” said Dan RollinCEO of Cadence bank. “Our bankers are always proud to participate in this initiative and to continue our efforts to help customers reach their savings goals, achieve long-term security and have a better quality of life. This year’s effort was especially important given the high inflation that is affecting our communities. This award is a testament to our continued commitment to improving the financial futures of our customers and their families.”
The nearly 3,100 participating organizations reached 11.17 million people during this year’s America Saves Week, which took place February 21-25, 2022. Additionally, they reported that individuals filed more than $1 billion into new and existing savings accounts over a period of one week.
America Saves Week, coordinated by America Saves and the American Savings Education Council, is an annual opportunity for organizations, such as banks or credit unions, to support good savings behavior by encouraging people to assess their savings status. saving and setting goals. For more information on the award, visit www.americasaves.org.
About Cadence bank:
Cadence bank (NYSE: CADE) is a leading regional banking franchise with approximately $50 billion in the assets and on the branches in the South and Texas. Cadence offers consumers, businesses and businesses 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, corporate and business banking, money management treasury, specialty lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, plan management pensions and personal and commercial insurance. Cadence is committed to a culture of respect, diversity and inclusion both in its workplace and in communities. Cadence bank, Member FDIC. Equal Housing Lender.
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