Cadence Bank CD Rates

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

Considerations:

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

Pros & Cons

8-Month CD Special

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

Considerations:

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

Pros & Cons

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!

Eligibility

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