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Cadence Bank Opens New Branch in Southwest Birmingham to Support Financial Needs of Two Historically Significant Communities

BIRMINGHAM, Ala., June 22, 2021 – Cadence Bank, a subsidiary of Cadence Bancorporation (NYSE: CADE), announced today the opening of its newest branch in southwest Birmingham, Alabama on Dennison Avenue at Heritage Town Center between the Titusville and West End communities.  

The full-service branch provides residential and commercial loans as well as retail and business banking services strategically designed to meet the financial needs of these communities. The versatile banking team will offer guidance and support on Community Reinvestment Act (CRA) products including Cadence Bank’s Affordable Home Loan Program, Quick Decision Small Business Loan, and Cadence eChecking, certified by Bank On National Account Standards to expand access to safe and affordable financial products and services.

Steve Welling, Cadence Bank’s executive vice president and director of retail banking, said, “We were very intentional in selecting the location for this branch. It took nearly 18 months to identify a site at the intersection of these two historically significant communities, and we are excited about the growth potential we can bring to individuals, families and small businesses that call these neighborhoods home. We have been longtime supporters of economic development and believe that helping people achieve financial independence is key to community revitalization.”

The Heritage Town Center branch features a Community Room where complementary financial education classes and workshops on first-time homeownership, credit, budgeting, investments and more will be held, empowering residents and allowing them to positively plan their financial future. Classes and workshops for small business owners will further support economic development in the area. Additionally, the technology-equipped Community Room, which can seat approximately 18 people, will serve as a gathering place for community and neighborhood engagement activities. 

The branch also features a drive-thru Cadence LIVE Teller interactive teller machine, a first for these historic communities. The LIVE Teller allows customers to speak remotely with a teller to conduct nearly all the transactions they could complete inside the branch, yet faster and more efficiently. With extended banking hours of 7 a.m. to 7 p.m. CT, Monday through Friday, and Saturday from 8 a.m. to 12 p.m. CT, customers can conduct their banking business before and after normal branch hours and on Saturdays.

“Our new branch will support the needs of the underserved in these low- to moderate-income communities, giving them access to financial services that can play a critical role in inspiring financial empowerment, breaking the cycle of poverty and building stronger communities,” said Eula Jackson, senior vice president, CRA mortgage lending manager and community development officer.

The Heritage Town Center branch is located at 873 Dennison Avenue S.W., Suite 101, Birmingham, Alabama 35211. Contact the branch at (205) 905-5010.

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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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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