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Cadence Bank Launches New Supplier Diversity Portal to Expand Engagement with Diverse Businesses

HOUSTON, July 13, 2021 – Cadence Bank, a subsidiary of Cadence Bancorporation (NYSE: CADE), announced today the launch of its supplier diversity portal, building on its continuous commitment to utilize diverse businesses in the procurement of goods, services and contracts.

The portal, available via cadencebank.com, allows suppliers to register for the opportunity to compete for the bank’s business and serves as a hub of supplier information that Cadence Bank will use when considering vendors for a product or service. 

“The supplier diversity portal promotes an environment conducive to providing all suppliers, regardless of size, equal access to sourcing, contracting and purchasing opportunities and further encourages our utilization of diverse suppliers, including women, minority, LGBTQ+ and veteran-owned enterprises,” said Sandra Surma, director of supplier diversity at Cadence Bank.

Earlier this year, Cadence Bank’s Supplier Diversity organization within the Diversity, Equity and Inclusion office established a five-year, proactive diverse supplier business strategy focused on policy development, marketing and communications, data analytics and tracking, incremental program goal setting, and program metrics and expectations. Collectively, these strategic initiatives will advance business opportunities for diverse businesses and assist Cadence Bank in furthering economic development and a culture of inclusivity in the communities it serves.

“Our supplier diversity portal gives us a platform to connect with smaller, historically disadvantaged enterprises that share our passion for innovation and growth," said Myra Caldwell, chief diversity officer at Cadence Bank. “We are intent on being a trailblazer in supplier diversity among financial organizations, giving all businesses an opportunity to participate in our procurement efforts and helping to position diverse suppliers for long-term success.”

To register within Cadence Bank’s supplier diversity portal, visit cadencebank.com.

About Cadence Bank 

Cadence Bank is a leading regional banking franchise with $18.8 billion in assets as of March 31, 2021, and 99 branch locations in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Backed by 133 years of financial expertise, Cadence 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, asset-based lending, commercial real estate, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, personal and business 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 more than 55,000 ATMs. The Cadence team of 1,900 associates is committed to exceeding customer expectations and helping their clients succeed financially. Cadence Bank, N.A. is a subsidiary of Cadence Bancorporation (NYSE: CADE). For additional information, visit cadencebank.com. Cadence Bank, N.A. Member FDIC. Equal Housing Lender. NMLS#525022.

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Media Contact:
Danielle Kernell
Cadence Bank
713-871-4051 direct | 713-392-7709 mobile
danielle.kernell@cadencebank.com 

Sheena Cochran
Cadence Bank
713-871-4072 direct | 281-740-4366 mobile
sheena.cochran@cadencebank.com 
 



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