Kasasa Cash

Kasasa Cash

Say hello to rewards and goodbye to fees with free, high interest Kasasa Cash® checking. Enjoy more financial freedom in the form of really high interest — 1.26% APY* to be exact. Plus, make any ATM your ATM.™ Enjoy refunds on ATM fees not just around the Riverbend area, but nationwide*! Get a whole lot more for a whole lot less — in fact, for nothing! Do you Kasasa?®

How Does Kasasa® Work?

Simple things like using your debit card and receiving eStatements save you time and make life easier. Those small changes also help save us some money. We can then pump that money back into the community — and to pay you rewards!

Summary
  • 1.26% APY* on balances up to $10,000
  • 1.25% to 0.39% APY on balances over $10,000 depending on balance in account*
  • 0.03% APY* if qualifications aren't met
  • ATM fee refunds nationwide (up to $20 monthly)*
  • Link to high-interest Kasasa Saver® account to build savings automatically
  • No monthly service fee
  • No minimum balance to earn rewards
  • Unlimited check writing
  • Free online banking
  • Free Bill Pay
  • Free mobile banking
  • Free eStatements
  • Free debit card
  • $50 minimum deposit to open

Qualifications

Qualifying for rewards is easy — so easy, in fact, you're probably already doing it! To earn these rewards, simply do the following during the monthly qualification cycle:

  • Have at least 15 debit card purchases post and settle
  • Have at least 1 automatic payment (ACH) or direct deposit post and settle
  • Be enrolled and review eStatement notice

That's it. If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning major interest and nationwide ATM fee refunds the very next month.


*APY=Annual Percentage Yield. APYs accurate as of 07/16/2014. Rates may change after account is opened. Minimum to open is $50 for Kasasa Cash and $1 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 and credited to account on the last day of monthly statement cycle; (2) balances up to $10,000 receive APY of 1.26%; and (3) balances over $10,000 earn 0.30% interest rate on the portion of the balance over $10,000, resulting in 1.25% - 0.39% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances earn 0.03% APY. Qualifying transactions must post to and settle Kasasa Cash account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle account. ATM transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. If qualifications in Kasasa Cash are met each monthly qualification cycle: (1) balances up to $100,000 in Kasasa Saver receive an APY of 0.40%; and (2) balances over $100,000 in Kasasa Saver earn 0.30% interest rate on portion of balance over $100,000, resulting in 0.40% - 0.35% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver earn 0.03% APY. Transfers between accounts do not count as qualifying transactions. Limit one account per Social Security Number. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.