Cadence Bank


Cadence Bank is an FDIC insured institution headquartered at 201 S Spring St, Tupelo, MS 38804.
It was founded in 1876 and has approximately $49 billion in assets. Customers can open an account at one of its 315 branches.

Deposit Rates - June 19, 2024

SAVINGS RATES APY MIN
CD RATES APY MIN
6 Mo CD
0.20% $10,000 Compare
12 Mo CD
0.25% $10,000 Compare
18 Mo CD
0.30% $10,000 Compare
18 Mo CD
0.30% $100,000 Compare
24 Mo CD
0.40% $10,000 Compare
30 Mo CD
0.40% $10,000 Compare
30 Mo CD
0.40% $100,000 Compare
36 Mo CD
0.45% $10,000 Compare
48 Mo CD
0.50% $10,000 Compare
60 Mo CD
0.60% $10,000 Compare
MM RATES APY MIN
Money Market
0.20% $2,500 Compare
Money Market
0.20% $10,000 Compare
Money Market
0.20% $25,000 Compare
VARIABLE IRA RATES APY MIN
VIRA
0.26% $1
INT CHECKING RATES APY MIN
INTCK
0.05% $1
INTCK
0.05% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 11813
Date Established 1876
Assets $ 48.93 billion
Loans $ 32.22 billion
Deposits $ 38.50 billion
Capital $ 5.17 billion

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 4.23 billion
Interest-bearing balances $ 3.43 billion
Total securities $ 8.10 billion
Federal funds sold and reverse repurchase $ 0.50 million
Net loans and leases $ 32.22 billion
Loan loss allowance $ 468.03 million
Trading account assets $ 25.59 million
Bank premises and fixed assets N.A.
Other real estate owned $ 5.85 million
Goodwill and other intangibles $ 1,580.92 million
All other assets $ 1,840.82 million
     Total Assets $ 43.77 billion

LIABILITIES
Total deposits $ 38.50 billion
      Interest-bearing deposits $ 29.27 billion
      Deposits held in domestic offices $ 38.50 billion
      % insured (estimated) 60.05%
Federal funds purchased and repurchase agreements $ 451.52 million
Trading liabilities $ 41.73 million
Other borrowed funds $ 1,324.03 million
Subordinated debt $ 437.69 million
All other liabilities $ 668.10 millionn
      Total Liabilities $ 43.77 billion
      Shareholders’ Equity $ 5.17 billion

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 2.31 billion
Total Interest Expense $ 958.81 million
Net interest income $ 1,351.36 million
Provision for loan and lease losses $ 80.00 million
Total non interest income $ 317.76 million
Total non interest expense $ 1,154.83 million
Pre-tax Net Operating Income $ 313.87 million

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Branches

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Your current location is: Ashburn, VA

Cadence Bank Locations

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only.

  • 1
    LOCAL SAVINGS
    Bank
    MISSISSIPPI
    $50,000
    N.A.
    0.10%
    0.45x (National Avg. - 0.22%)
    $2,500
    -
    SCENARIO
    Year Rate
    0.10%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 50 35
    2 50,050 50 35
    3 50,100 50 35
    4 50,150 50 35
    5 50,200 50 35
    6 50,251 50 35
    7 50,301 50 35
    8 50,351 50 35
    9 50,401 50 35
    10 50,452 50 35
    11 50,502 51 35
    12 50,553 51 35
    13 50,603 51 35
    14 50,654 51 35
    15 50,705 51 35
    16 50,755 51 36
    17 50,806 51 36
    18 50,857 51 36
    19 50,908 51 36
    20 50,959 51 36
    TOTAL $1,010 $707
  • 2
    LOCAL SAVINGS
    Bank
    -
    $50,000
    N.A.
    5.10%
    23.18x (National Avg. - 0.22%)
    $0
    -
    SCENARIO
    Year Rate
    5.10%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,550 1,785
    2 52,550 2,680 1,876
    3 55,230 2,817 1,972
    4 58,047 2,960 2,072
    5 61,007 3,111 2,178
    6 64,119 3,270 2,289
    7 67,389 3,437 2,406
    8 70,825 3,612 2,528
    9 74,437 3,796 2,657
    10 78,234 3,990 2,793
    11 82,224 4,193 2,935
    12 86,417 4,407 3,085
    13 90,824 4,632 3,242
    14 95,456 4,868 3,408
    15 100,325 5,117 3,582
    16 105,441 5,378 3,764
    17 110,819 5,652 3,956
    18 116,471 5,940 4,158
    19 122,411 6,243 4,370
    20 128,654 6,561 4,593
    TOTAL $85,215 $59,650
  • 3
    LOCAL SAVINGS
    Bank
    -
    $50,000
    N.A.
    5.30%
    24.09x (National Avg. - 0.22%)
    $0
    -
    SCENARIO
    Year Rate
    5.30%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,650 1,855
    2 52,650 2,790 1,953
    3 55,440 2,938 2,057
    4 58,379 3,094 2,166
    5 61,473 3,258 2,281
    6 64,731 3,431 2,402
    7 68,162 3,613 2,529
    8 71,774 3,804 2,663
    9 75,578 4,006 2,804
    10 79,584 4,218 2,953
    11 83,802 4,441 3,109
    12 88,243 4,677 3,274
    13 92,920 4,925 3,447
    14 97,845 5,186 3,630
    15 103,031 5,461 3,822
    16 108,491 5,750 4,025
    17 114,242 6,055 4,238
    18 120,296 6,376 4,463
    19 126,672 6,714 4,700
    20 133,386 7,069 4,949
    TOTAL $90,455 $63,319
  • 4
    ONLINE SAVINGS
    Online Bank
    -
    $50,000
    N.A.
    4.50%
    20.45x (National Avg. - 0.22%)
    $1
    -
    SCENARIO
    Year Rate
    4.50%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,250 1,575
    2 52,250 2,351 1,646
    3 54,601 2,457 1,720
    4 57,058 2,568 1,797
    5 59,626 2,683 1,878
    6 62,309 2,804 1,963
    7 65,113 2,930 2,051
    8 68,043 3,062 2,143
    9 71,105 3,200 2,240
    10 74,305 3,344 2,341
    11 77,648 3,494 2,446
    12 81,143 3,651 2,556
    13 84,794 3,816 2,671
    14 88,610 3,987 2,791
    15 92,597 4,167 2,917
    16 96,764 4,354 3,048
    17 101,119 4,550 3,185
    18 105,669 4,755 3,329
    19 110,424 4,969 3,478
    20 115,393 5,193 3,635
    TOTAL $70,586 $49,410