Cadence Bank (MS) is headquartered in TUPELO and is the largest bank in the state of Mississippi. It is also the 52nd largest bank in the nation. It was established in 1876 and as of March of 2025, it had grown to 5,356 employees at 378 locations. Cadence Bank (MS) has an A health rating.
Good Service
No complaints and would apply with them again.
Garbage Bank
Bancorp South used to be great until they acquired Cadence. My account was set up to DECLINE transactions if there were insufficient funds. Not only did they push 2 transactions through with no call, text or email (like Bancorp would) and then had the audacity to steal $72 from my account in the form of two overdraft fees. They absolutely refused to refund me even though I immediately fixed the overdraft that THEY created. Switching to a credit union. You should, too.
GOOD BANK GONE BAD
Cadence Bank now only lets you do ACH at $1000 per day // $12000 per month Plus they charge $3 fee per transfer..... Bye Bye Cadence I'm gone!
Bancorpsouth Leeds, AL
Worst bank ever! I have had an account with them in good standing for over 20 years and deposited hundreds of my father's checks who has helped with my children's college educations and with their extra-curricular activity expenses. He's a wonderful grandfather! I found an older check from my dad and he told me I could deposit it to help with a gun surgery I've got next week but I went to my branch manager and she told me no, she didn't trust me or the check! UNREAL! I even showed her the text from my dad telling me it was ok to deposit the check and had texted him a photo of the check. I researched and found out that a bank CAN accept an older check if they think the check is good. I am shocked at the way I was treated by the bank manager, Christy. She told me to my face that "the way I was talking" raised lots of "red flags!" I will be closing this account. It's unbelievable to me having been a customer of theirs for over 20 years never having any bad standing with them EVER and depositing hundreds of my dad's checks sucessfully who is a world renowned geneticist/doctor. No loyalty whatsoever and told me she didnt trust me! Just WOW! Both my Mom and my Dad are leaving me substantial sums of money one day and would have trusted Bancorp South with it since they've been my bank for so long, but not now! So glad I found out my banking relationship with them was totally one sided and that they in fact did not trust me or my dad even though there was zero reason to not trust us and many reasons to trust us! This world and the lack of trust and greed is unreal to me! I could tell she looked down on me and was not friendly or nice to me at all! My account has always been in good standing and out of hundreds of checks from my dad, never once had one not been a good check! I even told her they could put a 100% hold until it cleared! My Dad and his wife are out of the country dealng with cancer so dad told me to go ask the manager to deposit his GOOD check but she refused! The check is good and my dad needed for them to deposit it because he wasn't able to send mea new one being out of country trying to save his wife from dying of cancer! Heartless bank with no customer loyalty or TRUST! Rrrrrr! :(
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 11813 |
| Year Established | 1876 |
| Employees | 5356 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.12% |
| Return on Equity - YTD | 9.44% |
| Annual Interest Income | $599.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $47.74B$48.31B |
| Loans | Q1 2025vs Q1 2024 | $33.81B$32.58B |
| Deposits | Q1 2025vs Q1 2024 | $40.34B$38.12B |
| Equity Capital | Q1 2025vs Q1 2024 | $5.72B$5.19B |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $457.8MM$472.6MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $136.8MM$192.7MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $8.2MM$5MM |
