HOUSTON--(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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