CADE - Cadence Bank enters strategic business alliance with Unity National Bank of Houston

Cadence Bank, a subsidiary of Cadence Bancorporation ([[CADE]] -0.8%) to have a strategic business alliance with Houston-based Unity National Bank of Houston in Texas. The cooperative alliance brings growth capital to Unity National Bank, strengthening its ability to make commercial loans and deliver other banking and financial solutions to businesses, individuals and families in minority and underserved communities in Greater Houston and Atlanta.“We share Unity National Bank’s commitment to revitalizing minority and underserved communities and value the strategic alliance we have formed, knowing that collectively we can make a stronger impact. It’s a privilege to work together, and we look forward to delivering positive progress in meeting our communities’ banking needs.” said Hank Holmes, president of Cadence Bank. More insight on bank mergers and acquisition in 'Bank M&A surges in April, most since January 2020'

For further details see:

Cadence Bank enters strategic business alliance with Unity National Bank of Houston