Cadence otherwise offers a full suite of banking services for personal and business. Consider Cadence a partner in helping you invest the money you need to retire, as well as build up savings for a college fund, or a car loan when your family outgrows your old one

In this regard, let’s throw light on the detailed perspective certificate of deposit that will explain how this bank favors the consumer for getting higher returns.

Cadence Bank CD Rates Offers

The most considerable CD rates offerings are;

8-Month CD Special 

  • APY: 5.25%
  • Minimum Deposit: $25,000


  • This special rate is applicable for new deposits, encouraging customers to bring additional funds to Cadence Bank.

Pros & Cons

Competitive 5.25% APYLower Minimum Deposit of $1,000
Accessible Entry for a Broader RangeSlightly Lower APY Compared to New Money CD

8-Month CD Special

  • APY: 5.00%
  • Maximum Deposit: $24,999


  • This special is meant for individuals using existing Cadence funds, or for those looking to invest under $25,000.

Pros & Cons

Competitive Rates Across the BoardPenalties for Early Withdrawal
Tiered Minimum DepositsRelatively Short 8-Month Term

Are Cadence Bank CD Rates Competitive?

Cadence Bank’s CD rates demonstrate a competitive edge in the market.

The 8-month CD special with a 5.25% APY for new money and the 8-month CD special with a 5.00% APY both offer attractive returns compared to industry standards.

The bank’s commitment to providing competitive rates is evident, catering to both those with substantial funds, as indicated by the higher minimum deposit of $25,000 for the new money special, and those with more modest amounts, with a $25,000 cap for the regular 8-month CD special.

The tiered minimum deposits offer flexibility, accommodating a diverse range of investors.

Furthermore, the emphasis on a consistent 8-month term provides predictability for customers seeking short-term investment options.

While the rates may vary slightly between the new money special and the standard special, the overall competitiveness of Cadence Bank’s CD offerings positions them as an appealing choice for investors looking for solid returns within a relatively short investment horizon.

Overview Cadence Bank 

Cadence Bank knows that small businesses and individuals are the backbone of our national and local economy. 

We believe that small business loans are a central point in revitalizing our neighborhoods. Cadence also works with and readily supports non-profit organizations that use their energy every day to improve our communities through loans and grants.

Cadence Bank also believes in affordable housing and has lending options to ensure that more people can find safe, comfortable, long-term places to stay. We also passionately and proudly have many of our employees volunteer in the community regularly for community events.

We fully support the Community Reinvestment Act of 1977, which helps local banks and credit unions support the monetary and borrowing needs of local low to moderate-income citizens. 

We hope to offer these people the best possible service and convenient, easy-to-use products at a minimal price while we help them with their financial future.

We love working with small businesses as well and have loaned to many prominent small businesses in all the states we service. Consider calling us or stopping by one of our branches. We would love to help!


To open a certificate of deposit, we would love for you to become a member of Cadence Back first. Signing up is easy online or in person. We can then make you a checking or savings account and transfer your deposit into a CD.

Locations Cadence Bank 

We offer locations in several southeastern states, including Texas, Mississippi, Alabama, Georgia, and Florida. A total of 17 branches are offered. Most of our branches are a distance apart to serve a wide range of locations.

Frequently Asked Questions

What is the minimum deposit required for Cadence Bank’s 8-month CD special?

For the 8-month CD special, the minimum deposit is $1,000. However, for the new money special, a higher minimum deposit of $25,000 is required.

Are there any penalties for early withdrawal from Cadence Bank’s CDs?

Yes, there are noticeable penalties for early withdrawal.

How long is the term for Cadence Bank’s 8-Month CD specials?

Both the regular 8-month CD special and the new money special have a fixed term of 8 months. The consistent term structure offers predictability for investors.

What distinguishes the new money special from the standard 8-month CD special?

The new money special offers a higher Annual Percentage Yield at 5.25% but requires a minimum deposit of $25,000. In contrast, the standard 8-month CD special has a 5.00% APY with a more accessible minimum deposit of $1,000.

Can I add additional funds to my Cadence Bank CD during the term?

Generally, CDs have fixed terms with no option for additional deposits. It’s important to clarify this with Cadence Bank and consider their policies on additional contributions before opening a CD.