On April 21, 2009, Cadence Financial Corporation ("CADE") issued a press release announcing preliminary financial information, prior to any impairment charges that may result from a pending review of goodwill under FASB Statement 142 (Goodwill and other Intangible Assets), for its first quarter ended March 31, 2009. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission.

Cadence Bank N.A., a wholly owned subsidiary of CADE (the "Bank"), has entered into an agreement with The Office of the Comptroller of the Currency ("OCC"), effective April 17, 2009, to enhance the Bank's risk management and planning processes. In the agreement, the Bank and its Directors will work with the OCC to formalize enhanced risks management programs to monitor problem loans, update the strategic plan to address the current economic environment, and reduce the Bank's concentration of commercial real estate, among other practices and procedures. These enhancements improve the Bank's infrastructure as it continues to serve its customers and meet the high standards for a national bank.

The Bank exceeds the well capitalized definition of the bank regulatory agencies.

In anticipation of the agreement, the Board of Directors of the Bank appointed a compliance committee to oversee these enhancements. That committee has been making progress for a number of weeks. We have a long term working relationship with the OCC and look forward to partnering with them to maintain the confidence of our customers as well as better serve our customers.

The agreement is filed herewith as Exhibit 99.2 and is incorporated herein by reference. The foregoing description of the agreement is qualified in its entirety by reference to the text of the agreement.

(d) Exhibits

Exhibit Number         Description of Exhibit

99.1                   Press release issued April 21, 2009

99.2                   Agreement by and between Cadence Bank N.A. and The Office of
                       the Comptroller of the Currency effective April 17, 2009