Your deposit accounts will continue to be insured by the Federal Deposit Insurance Corporation (FDIC). The separate insurance of deposits assumed from the six acquired banks continues for six months from July 1, 2025, or, in the case of a time deposit, the earliest maturity date after the six-month period. In the case of time deposits assumed from the six acquired banks which mature within six months of July 1, 2025, and which are renewed at the same dollar amount (either with or without accrued interest having been added to the principal amount) and for the same term as the original deposit, the separate insurance applies to the renewed deposits until the first maturity date after January 1, 2026. Time deposits that mature before January 1, 2026, and that are renewed on any other basis, or that are not renewed and thereby become demand deposits, are separately insured only until January 1, 2026. For additional information, visit FDIC.gov and search “Merger of IDIs”.

Like Industry Bancshares’s banks, Cadence Bank uses IntraFi to access FDIC insurance for customers who may have combined account balances greater than $250,000. You can use the FDIC Electronic Deposit Insurance Estimator at edie.fdic.gov to get a better understanding of your deposit coverage limits. While you do not need to take any action at this time, our teammates will be available to assist customers with their deposit accounts to provide full FDIC coverage before or after the initial six-month period.