Hancock Whitney Bankâ€™s history dates back to the 1800s, when Hancock Bank offered banking solutions to residents of Mississippi involved in the areas of agriculture, seafood, timber and tourism. Meanwhile, Whitney Bank served those in New Orleansâ€™ cotton industry. Both of these banks saw significant growth over the next 100 years or so. In December 2010, they joined forces to become Hancock Whitney Bank.
Today, Hancock Whitney Bank has locations in Alabama, Florida, Louisiana, Mississippi, Tennessee and Texas. It offers checking, savings, CD, money market and IRA accounts. Rates vary by region, however, and youâ€™ll need to contact a branch in your area to learn more. Read on to learn if one of these products could be the one for you, and how they stack up against the competition.
While Hancock Whitney Bankâ€™s more basic checking accounts â€” Access Checking and Connect Checking â€” come with monthly fees, theyâ€™re fairly easy to avoid. The Priority Checking account comes with a variety of extra perks, but the high minimum balance requirement to avoid the $21 monthly fee might not be enough to make that worth it if thatâ€™s not an easy task for you.
The Priority Checking account is the only one that earns interest, but youâ€™ll have to contact a branch to determine how much. With that information, you can see if this or its other checking accounts stack up to those on our list of the best online checking accounts.
Both of these accounts have minimal fees and monthly balance requirements. Although they both can earn interest, youâ€™ll have to contact a branch to determine how much. Once you have that information, you can compare the rates to those on our list of the best online savings accounts.
Hancock Whitneyâ€™s CDs term lengths, deposit requirements and early withdrawal penalties are pretty standard as far as CDs go. But to truly compare them to the competition (such as those on our list of the best CD rates), youâ€™ll need to find out the rates for your location. Contact a branch to do so.
At first glance, Hancock Whitneyâ€™s Money Market account is pretty standard as far as requirements and fees go. We think itâ€™s odd that the Priority Money Market option has such a low opening deposit and such a high balance requirement to earn the APY and to avoid the balance fee.
As with Hancock Whitney Bankâ€™s other personal deposit accounts, youâ€™ll have to contact a branch to find out the rates for your area. Once you have that information, be sure to compare them to those on our list of the best money market account rates to make sure youâ€™re getting the best bang for your buck.
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