BancorpSouth and Cadence Bank have come together. Here's what you need to know: BancorpSouth customers / Cadence customers
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Performance Savings

Choose the savings account that goes the extra mile for you. With Performance Savings, you can earn the higher rate on balances of up to $100,000.

Open an account

Features

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Online Banking

Check your balances, view your transaction history, pay bills and more — all from your computer or mobile device.
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Earn Interest

Watch your money grow while it stays safe and secure.
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Budgeting Tool

Set savings goals, track budgets and more, in Spending, our online budgeting tool.
Additional Features
  • Earn a higher interest rate
  • Transfer funds automatically from checking to savings
  • Easily combine Performance Savings and Performance Checking account statements
See Performance Savings details
Features and Benefits
  • Earn higher interest rates on your balances of $100,000 or less by meeting two easy requirements:
    • Automatically deposit at least $50 into your Performance Savings account each interest cycle through direct deposit (ACH deposit) or our Online Banking transfer service
    • Combine Performance Savings and Cadence Checking account statements (both accounts on one monthly statement)1
  • Earn standard interest rate when higher rate requirements are not met
  • Transfer funds automatically from checking to savings, using our secure Online Banking transfer service.
  • Enjoy complimentary Online Banking at no additional charge
  • Keep track of your account with free Online Statements3
  • -OR-
  • Receive paper statements at no charge
  • Gain access to Spending, our complimentary online budgeting tool
  • Bundle your checking and savings accounts for a more convenient way to budget and save toward your goals
Requirements and Fees

Requirements

  • Opening deposit: $50
  • Monthly requirements to waive monthly fee:
    • $50 minimum daily ledger balance
  • Monthly higher rate of interest requirements4 (balances of $100,000 or less):
    • Automatically deposit at least $50 into your Performance Savings account each interest cycle through direct deposit (ACH deposit) or Online Banking transfer service
    • Combine Performance Savings and Cadence Checking account statements (both accounts on one monthly statement).1

Fees

  • Monthly fee:
    • No fee if minimum monthly ledger balance is met
    • $2.50 monthly fee if balance falls below $50 minimum daily ledger balance
  • Transactions fees:
    • $5 fee for each withdrawal after the sixth2

Other Savings Accounts to consider.

My Goal Savings

This classic account makes saving simple.

Health Savings

A Health Savings Account may help protect you financially.

Select Savings

An ideal choice for those with higher balances.

Young Savers

It’s never too early to start saving.
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1You would no longer receive a separate statement for your Performance Savings account.

2An excessive withdrawal fee of $5 will be charged for each nonexempt withdrawal or transfer in excess of six per month or statement cycle of at least four weeks, as applicable. The following withdrawals and transfers are exempt from this limitation; withdrawals or transfers made at an ATM, made in person at a teller window, requested by U.S. postal mail, made for purposes of making payments on Cadence Bank loans, made in person to initiate a wire transfer, and made by telephone or fax where a check is mailed directly to the account holder.

3To receive your savings statement online, it must be combined with your checking account online statement within Online Banking.

4Earn the Higher Rate on balances of $100,000 or less during each interest cycle when you have both a combined statement and make a minimum of $50 in total deposits into your Performance Savings account through either Online Banking transfer or ACH deposit. If you don’t meet these prerequisites, you will earn the Standard Rate for the interest cycle. The Standard Rate always applies to balances over $100,000.

Please see the Cadence Account Information Statement for more details regarding savings accounts.

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