Birmingham, Ala. (July 26, 2012) – Steve Savarese, Executive Director of the Alabama High School Athletic Association (AHSAA), announced today Cadence Bank as its newest corporate sponsor, with a commitment that extends through 2015.
"I am very excited about this new affiliation," Savarese said. "Cadence Bank will no doubt provide enormous support for the AHSAA championship events and our member schools. We appreciate the long-term investment made by Cadence Bank and what this means for all our member schools. I also want to thank our marketing partner, the Alabama Sports Foundation, for their important role in managing our corporate partner program."
With this arrangement, Cadence Bank will serve as the official bank of the AHSAA.
"Athletics plays an important role in the overall development and educational experiences of youth here in Alabama," said Sam Tortorici, CEO of Cadence Bank. "Sports help to instill solid values and lifelong lessons that we feel are vital to these children, and we are pleased to join with the Alabama Sports Foundation and Alabama High School Athletic Association in reaching thousands of student athletes across the state. We take our commitment to the communities we serve very seriously, and recognize that children are the future of Alabama."
The AHSAA serves 409 member high schools and more than 300 member junior high/middle schools through its mission of regulating interscholastic athletic competition and promoting interscholastic athletics as a vital part of the educational experience. Since 1921, the AHSAA has provided much more than athletics to thousands of student-athletes throughout Alabama. Student-athletes from every imaginable background have experienced priceless life lessons through the mentoring of dedicated teachers and coaches.
The AHSAA hosts 22 high school state championship events, including the Super 6 State High School Football Championships, which rotates between Bryant-Denny Stadium in Tuscaloosa and Jordan-Hare Stadium in Auburn. It also hosts the girls' and boys' Final 48 State High School Basketball Championships in Birmingham.
Cadence Bank directly is supporting the children, schools and communities of Alabama through the AHSAA's revenue sharing program. Over the last three years, $3.6 million in corporate support has been returned to AHSAA member schools through this program. For its distinguished past and promising future, the AHSAA owes much to the commitment and loyalty of generous friends like Cadence Bank.
About Cadence Bank
Cadence Bank, N.A., a wholly-owned subsidiary of Cadence Bancorp, LLC, is a $5.5 billion bank based in Birmingham, Ala. that operates more than 100 locations across Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Cadence provides consumers, small- and middle-market businesses, and commercial clients with a full range of banking, financial management, investment and trust services, treasury management, international, retail and mortgage products. Backed by 126 years of financial expertise, Cadence is a sound source of capital for companies operating within its six-state footprint and specializes in industry-leading treasury management services. Driven to do the right thing, Cadence's mission is to use all of its resources, tools and services to deliver on customers' goals, accelerate growth and fund innovation. Additional information about Cadence and its full line of products and services can be found at www.cadencebank.com.
About Alabama High School Athletic Association
The AHSAA, based in Montgomery, is the state leadership organization for its member high schools in Alabama. Since 1921, the AHSAA has led the development of education-based interscholastic sports (currently 22 sports, 11 each for girls and boys). Through its more than 700 member high schools and junior high/middle schools, the AHSAA provides guidance and sports championships for more than 155,000 student-athletes annually and oversees the rules and regulations for the students and more than 10,000 member coaches and administrators. The AHSAA is recognized as the state authority on interscholastic athletic programs and is considered a leader among NFHS state associations. For more information, visit the AHSAA website at www.ahsaa.com.
About the Alabama Sports Foundation