GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
it’s possible for you to read more about oureditorial guidelinesand our products and servicesreview methodology.
Some checking accounts will also earn you interest.
The bank provides in-person services and user-friendly mobile and digital platform.
Cadence Bank is a regional bank with about 415 banks across the Southeast and Texas.
Thebankoffers comprehensive financial products, including personal and business banking, commercial lending, and investment services.
Cadence Bank has a community approach for those who prefer in-person banking.
GOBankingRates named Cadence Bank one of theBest Banks in Arkansasfor 2025.
Cadence Bank Checking Accounts
Customers can choose from sixchecking accountsat Cadence Bank.
All checking accounts require a minimum deposit.
Although most checking accounts come with monthly maintenance fees, it is fairly easy to meet waiver requirements.
All require a minimum deposit, and all earn interest.
My Goal Savings requires a $100 minimum deposit.
Performance Savings requires a $50 minimum deposit.
Keep a daily ledger balance at $50 to waive the service charge.
Select Savings requires a $1000 opening deposit.
To avoid the $15 monthly fee, keep the quarterly daily balance at $1,000.
The Young Savers account is for account holders under 18 years old.
The minimum deposit is $25, and there is no monthly fee.
Minimum opening deposits are low, but interest and APY information arent viewable on the site.
You must call the branch to determine what you may earn from interest on your savings accounts.
Cadence Bank CD Accounts
Cadence Bank offersCDswith an opening balance between $1,000 to $5,000.
The terms are one month to five years.
With your CD from Cadence Bank, you’re able to enjoy flexible interest payment options.
CD funds are FDIC-insured for at least $250,000 per depositor.
No monthly service fee
Up to
$1,000
Cadence Bank offers promotional competitive APYs on CDs.
The minimum deposit is $1,000, and the APYs range from and may go up to.
There are several promotional CD terms as well, such as the 5-month, 11-month and 16-month terms.
You will have to meet specific requirements to qualify for promotional CD rates.
Interest rates are based on balance tiers.
The account is geared toward individuals who keep substantially high balances.
Cadence Bank offers personal banking, business banking, commercial lending, and wealth management.
TheBetter Business Bureau gives Cadence Banka B- rating.
How Does Cadence Bank Compare?
It helps to know where Cadence Bank stands when you compare it to its competitors.
Its APY on its high-yield savings account isand requires no minimum balance or monthly maintenance fee.
The choice between the two depends on your personal financial preferences.
Wells Fargo has a full suite of services that appeal to those seeking nationwide accessibility.
It offers various personal and business banking services, commercial lending and investment services.
Cadence Bank FAQ
Rates are subject to change; unless otherwise noted, rates are updated periodically.
All other information on accounts is accurate as of Dec. 18, 2024.
There is no minimum Eligible Direct Deposit amount required to qualify for the stated interest rate.
Interest rates are variable and subject to change at any time.
These rates are current as of 1/24/25.
There is no minimum balance requirement.
Additional information can be found athttp://www.sofi.com/legal/banking-rate-sheet.
See the SoFi Plus Terms and Conditions athttps://www.sofi.com/terms-of-use/#plus.
All factors were then scored and combined, with the lowest score being the best.
All products and offerings had to be available as of Nov. 8, 2024, to be considered.
Rates are subject to change; unless otherwise noted, rates are updated periodically.
All other information on accounts is accurate as of Dec. 18, 2024.
