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