Article Comment 

Business brief: Cadence awarded


Special to The Dispatch


Cadence Bank has received a Five Star-Rating from BauerFinancial, Inc., the nation's leading bank rating and research firm, for the quarter ending March 31, 2013. A Five Star-Rating indicates that Cadence Bank is financially strong and safe. 


Bauer's Superior Five-Star Rating attests that Cadence Bank excels in areas of capital, asset quality, profitability, risk management and sound business practices. Cadence received a Four Star-Rating from Bauer for the quarter ending Dec. 31, 2012. 


BauerFinancial star-ratings classify each institution based upon a complex formula factoring in current and historical data received from the U.S. government. Star-ratings are assigned based on a scale of zero to five stars, with five being the strongest. 


Cadence also received a Superior rating, the highest available, from IDC Financial Publishing Inc. for the quarter ending March 31, 2013, further substantiating the bank's safety and soundness. Using a proprietary formula, IDC's Bank Financial Quarterly analyzes and ranks the quality of all commercial banks reporting to the FDIC and all bank holding companies reporting to the Federal Reserve.




printer friendly version | back to top




Most Viewed News Stories


1. Steens woman dies in Lowndes Co. wreck COLUMBUS & LOWNDES COUNTY

2. Lowndes Co. child dies after weekend crash COLUMBUS & LOWNDES COUNTY

3. Is Cracker Barrel coming to Columbus? COLUMBUS & LOWNDES COUNTY

4. CMSD introduces after school program COLUMBUS & LOWNDES COUNTY

5. CMSD invests $2M in district's athletic facilities COLUMBUS & LOWNDES COUNTY


More popular content      Suggest a story



Follow Us:

Follow Us on Facebook

Follow Us on Twitter

Follow Us via Instagram

Follow Us via Email