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Cadence Bank Announces Strategic Business Alliance With Unity National Bank of Houston

Deals & Cases
June 9, 2021
Cadence Bank Announces Strategic Business Alliance With Unity National Bank of Houston Background Image
Deals & Cases
June 9, 2021

Vinson & Elkins advised Cadence Bank, a subsidiary of Cadence Bancorporation, in a strategic business alliance with Houston-based Unity National Bank of Houston, the only Black-owned banking institution 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.

The deal was led by V&E partner Gillian Hobson.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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