Cadence Bank, through its foundation, has made a $50,000 contribution to Urban Hope Development, supporting the 501(c)3 organization’s mission to educate and enrich the lives of at-risk students from low-income communities.
The donation honors Sam Tortorici’s 10 years of service at Cadence Bank as a member of its board of directors.
UHD will use the funding to provide crisis assistance, including childcare needs and housing assistance; education support programs including tutoring, GED preparation, resume building and mentoring; economic development initiatives including work life preparedness training, job training and placement; and housing development programs including helping to renovate and improve properties.
“The Urban Hope Development makes such a positive impact on the Fairfield community,” said David Turner, president – North Central Alabama Division at Cadence Bank. “Alabama means a lot to Cadence Bank. We have strong roots in this state, and we are happy to support an organization that believes in educating, guiding and uplifting the communities in which we both serve.”
UHD was launched in 2013 by Urban Hope Community Church in Fairfield and became an official 501(c)3 nonprofit in 2015. It provides a holistic approach for students and families by addressing emergency needs, education, economic development and housing. In addition, UHD also provides summer enrichment programs to Fairfield city schools’ rising 6th, 7th and 8th-grade students through its UHope Success Academy.
Cadence Bank is a regional bank with approximately $50 billion in assets and more than 400 branch locations across the South, Midwest and Texas. Earlier this year, Cadence merged with BancorpSouth Bank, keeping the Cadence name.