Cadence Bank Offers Zero-Percent Interest Loans for Furloughed Federal Employees Impacted by Government Shutdown
Cadence Bank (CADE)
Last cadence bank earnings: 4/29 06:31 am
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Cadence Bank is offering zero-percent interest consumer loans for furloughed federal employees impacted by the government shutdown, including men and women in the U.S. military, who reside within Cadence’s six-state footprint: Texas, Georgia, Alabama, Florida, Mississippi and Tennessee. For furloughed employees in Georgia, loans will be offered by State Bank and Trust Company, a division of Cadence Bank. “We recognize the financial hardship brought on by the government shutdown and would like to do what we can to help alleviate the stress of this situation on impacted government employees,” said Sam Tortorici, Cadence Bank CEO. “With loans at zero-percent interest, we hope those affected can rest a little easier about being able to meet everyday living expenses through the shutdown.” Furloughed federal employees should visit a Cadence Bank branch to apply for zero-
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