Cadence Bank Strengthens Commitment to Recruiting Top Talent Through Sponsorship of SIAC Conference
Rhea-AI Summary
Cadence Bank (NYSE: CADE) has announced a strategic partnership with the Southern Intercollegiate Athletic Conference (SIAC), becoming its official banking sponsor from July 2025 through June 2029. This partnership aligns with Cadence's commitment to strengthening relationships with Historically Black Colleges and Universities (HBCUs) and enhancing its talent recruitment strategy.
The collaboration aims to connect with students, faculty, and alumni across regions where both organizations operate. The partnership, facilitated by Playfly Sports, demonstrates Cadence's focus on building diverse talent pipelines and supporting economic development in local communities through strategic investments in education and athletics.
Positive
- Strategic partnership with SIAC provides access to diverse talent pool
- Four-year commitment demonstrates long-term investment in HBCUs
- Geographic footprint alignment with SIAC enhances recruitment opportunities
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CADE gained 1.16%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Cadence is named the official banking sponsor of the conference, furthering its vision of helping people, companies and communities prosper.
"The SIAC is excited to announce its corporate partnership with Cadence Bank," said SIAC Commissioner Anthony Holloman, Ed.D. "We are fortunate that Cadence shares our values in providing an unparalleled experience for our student-athletes to succeed on and off the playing fields."
The SIAC, one of the nation's premier athletic conferences, provides a unique opportunity for Cadence to connect directly with students, faculty and alumni in environments that extend outside of the classroom. This sponsorship further aligns with Cadence's overall recruiting strategy to reach diverse candidates across its footprint that is nearly identical to SIAC's footprint.
"At Cadence Bank, we're focused on building strong teams by connecting with exceptional talent at every stage of their journey. Our sponsorship of the SIAC is one way we put that commitment into action—by supporting schools that are shaping tomorrow's leaders and creating meaningful opportunities for students both on and off the field," states Cadence Bank Chief Human Resources Officer Jerrell Moore. "This sponsorship allows us to deepen our relationships with schools within the SIAC and continue building a dynamic, forward-thinking workforce."
Moore continues, "We're excited to support and uplift the communities we serve. We support their economic health through sponsorships like this that allow us to build meaningful connections and positively impact students, alumni and local organizations alike and by investing in small businesses and affordable housing."
Cadence Bank understands the role that strategic investments play in its ability to be a strong financial partner and help drive economic prosperity in its local communities.
"Value alignment is of utmost importance for brands looking to maximize their marketing impact, and we found the right fit with Cadence Bank and the SIAC," said Jason Frandi, Senior Director of National Sales at Playfly Sports. "We're proud to be a part of a partnership that will have a positive impact on local communities for years to come."
To learn more about Cadence Bank, visit CadenceBank.com
About Cadence Bank
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ABOUT THE SOUTHERN INTERCOLLEGIATE ATHLETIC CONFERENCE (SIAC)
The SIAC is a NCAA athletic conference consisting primarily of historically black colleges and universities with headquarters in downtown
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SOURCE Cadence Bank