B+ MyBankTracker Rating

Bank of Cadiz and Trust Company

About Bank of Cadiz and Trust Company

The Bank of Cadiz was chartered April 22, 1970 and opened for business on August 7, 1970 in a temporary location at Main and Brown Streets in Cadiz, Trigg County, Kentucky. Some 200 shareholders invested in the bank after being organized by George Bleidt, William E. Fuller, John O. Hill, T. Lacy Jones, Vance Leneave, Willard Lester, Boyd Thomas, M.W. "Chuck" Thomas, Roger Thomas, Ross Thomas and others.

Bank of Cadiz and Trust Company logo

MyBankTracker rated based on the following criteria that includes real customer reviews and bank fees, among others. Our bank report card is a proprietary rating system that highlights the financial health and stability of the bank. See how it’s rated.

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Customer Reviews

Most Helpful Bank of Cadiz and Trust Company Bank Customer Reviews

  • M
    Reviewed By Marauder Jul 16, 2015

    Is Your Money Safe?

    If your credit card was stolen, would you expect to pay for any of those inappropriate charges?
    NO. This is why the credit card company has insurance to protect you when criminals take advantage. Similarly, the bank has insurance to protect its customers when criminals take advantage.

    If someone forged checks in your name, would you expect to pay for those forged checks?
    NO. You would expect the bank to cover those fraudulent charges by going after the criminal who stole from you. This is why you keep your money in a bank rather than at home. Bank of Cadiz did nothing to alert my elderly grandfather of any fraudulent charges and has done nothing to reimburse him for those charges.

    Don't let this happen to YOU.

    You could lose THOUSANDS.

    Move your money to a SAFER place.

    Dr. Don Taylor, Ph.D., CFA, CFP * Bankrate.com
    "If the bank made an error in cashing a check with a forgery, the bank is completely liable. It's pretty simple when it comes to ownership of the check. The bank goes back to the last person to sign it, and that is whom they collect from. If the bank gave cash to someone, its recourse is against that person. If the bank can't find that person, or if the person whose endorsement was forged signs an affidavit of forgery, then the bank is out the money."

    Read more: http://www.bankrate.com/finance/banking/stuck-paying-banks-forgery-foul-up.aspx#ixzz3fzQCXBBB

    Thank you for your feedback Is this review helpful?

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  • Type Fee National Average
  • Monthly Inactivity N/A
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