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A Texas banking company formed two years ago to acquire distressed or failed banks is buying its first healthy bank.
March 6 -
Community Bancorp LLC in Houston said Wednesday that it will change its name to Cadence Bancorp LLC next week.
November 2 -
Community Bancorp LLC of Houston has completed its acquisition of Cadence Financial Corp. of Starkville, Miss., with a $144 million investment, the companies announced Monday.
March 7
The Federal Reserve Board has terminated a written agreement with the former Cadence Financial about a year after the Starkville, Miss., company was acquired.
The November 2010
Cadence was
Cadence announced earlier this month that it is