Cadence Bancorporation Reassures Houston and Gulf Coast Customers about Continued Banking Services in Light of Hurricane Harvey
August 28 2017 - 8:00AM
Business Wire
As Hurricane Harvey continues to impact Houston and the Gulf
Coast, Cadence Bank wishes to reassure customers and clients that
it remains ready to serve their banking needs.
“We know many people in low-lying areas of Houston have been
impacted by severe flooding, and for many, this impact has been
significant,” said Paul B. Murphy, Jr., Chairman and CEO of Cadence
Bancorporation. “Our thoughts are with these families as they work
through these hardships and strive to ensure the safety of family
members. We want to reassure you that Cadence Bank is here for you,
and when you’re ready, we are prepared to meet your banking
needs.”
While Cadence’s banking services remain fully functional, due to
ongoing dangerous weather conditions, Cadence’s Houston-area and
Gulf Coast-area offices will be closed on Monday, Aug. 28.
Contingency capabilities have been activated to ensure ongoing
customer service is not impacted, and all operations are fully
functional through remote worksites and Cadence’s regional
locations, including the Birmingham, Ala. and Starkville, Miss.
operational sites. In addition, Cadence Bank’s remote banking
services, including online and mobile banking, are available
24/7.
“At Cadence, we are known for our commitment to service. We
remain passionate about this commitment – not only to our
customers, but also to our employees, as we work through the
impacts of this horrific storm. We are proud to be a Houston-based
bank and are here for our city,” Murphy stated.
About Cadence Bancorporation
Cadence Bancorporation (NYSE:CADE) is a $9.8 billion in assets
regional bank holding company headquartered in Houston, Texas.
Through its affiliates, Cadence operates 65 locations in Alabama,
Florida, Mississippi, Tennessee and Texas, and provides
corporations, middle-market companies, small businesses and
consumers with a full range of innovative banking and financial
solutions. Services and products include commercial and business
banking, treasury management, specialized lending, commercial real
estate, foreign exchange, wealth management, investment and trust
services, financial planning, retirement plan management, business
and personal insurance, consumer banking, consumer loans,
mortgages, home equity lines and loans, and credit cards. Clients
have access to leading-edge online and mobile solutions,
interactive teller machines, and 55,000 ATMs. The Cadence team of
1,200 associates is committed to exceeding customer expectations
and helping their clients succeed financially. Cadence Bank, N.A.,
Cadence Insurance, and Linscomb & Williams are direct or
indirect subsidiaries of Cadence Bancorporation.
Cautionary Statement Regarding Forward-Looking
Information
This communication contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements reflect our current views
with respect to, among other things, future events. These
statements are often, but not always, made through the use of words
or phrases such as “may,” “should,” “could,” “predict,”
“potential,” “believe,” “will likely result,” “expect,” “continue,”
“will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,”
“projection,” “would” and “outlook,” or the negative version of
those words or other comparable words of a future or
forward-looking nature. These forward-looking statements are not
historical facts, and are based on current expectations, estimates
and projections about our industry, management’s beliefs and
certain assumptions made by management, many of which, by their
nature, are inherently uncertain and beyond our control.
Accordingly, we caution you that any such forward-looking
statements are not guarantees of future performance and are subject
to risks, assumptions and uncertainties that are difficult to
predict. Although we believe that the expectations reflected in
these forward-looking statements are reasonable as of the date
made, actual results may prove to be materially different from the
results expressed or implied by the forward-looking statements.
Such factors include the continuing and future impact of severe
weather conditions in certain of the geographic areas in which we
operate as well as the “Risk Factors” referenced in our
Registration Statement on Form S-1 filed with the Securities and
Exchange Commission (SEC) and other risks and uncertainties listed
from time to time in our reports and documents filed with the SEC.
Cadence can give no assurance that any goal or plan or expectation
set forth in forward-looking statements can be achieved and readers
are cautioned not to place undue reliance on such statements. The
forward-looking statements are made as of the date of this
communication, and Cadence does not intend, and assumes no
obligation, to update any forward-looking statement to reflect
events or circumstances after the date on which the statement is
made or to reflect the occurrence of unanticipated events or
circumstances, except as required by applicable law.
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version on businesswire.com: http://www.businesswire.com/news/home/20170828005289/en/
Cadence BancorporationMedia contact:Danielle
Kernell, 713-871-4051danielle.kernell@cadencebank.comorInvestor
relations contact:Valerie Toalson, 713-871-4103 or
800-698-7878vtoalson@cadencebancorporation.com
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