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Rates

Link your Kasasa® checking to this free account that pays a high rate and helps you save automatically.

Key Features

  • High Interest
  • Automatic Savings
  • No Monthly Maintenance Fees
  • No Minimum Balance Requirements
  • Free account that builds your savings effortlessly
  • Links to free Kasasa Cash® or Kasasa Cash Back® checking
  • Automatic transfers of Kasasa Cash or Kasasa Cash Back earnings
  • 1.00% APY* on balances up to $50,000
  • 1.00% to 0.25% APY on balances over $50,000 depending on balance in account*
  • 0.25% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back
  • No monthly maintenance fees
  • No minimum balance to earn rewards
  • Free digital banking
    • Free eStatements required to open and maintain the account
  • No minimum deposit to open
  • 6 free withdrawals per month; $3 fee for withdrawals in excess thereafter1

It's Easy to Earn Your Rewards

Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:

  • At least 1 ACH credit or ACH payment transaction
  • At least 12 debit card purchases

That's it. Even if you don't meet your qualifications during the cycle, your Kasasa® accounts are still free. Plus, you'll still earn our base interest rate on Kasasa Saver. And you can get right back to earning your full rewards the very next month.

Free is further defined as no monthly service charge fees for your KASASA® account. However, you could still incur insufficient fund charges if your account becomes overdrawn.

Note: Other fees* such as non-sufficient funds, overdraft, sustained overdraft fees, etc. may apply. See fee schedule for details. Unless stated, minimum opening deposit is only $100. Ask us for details. Bank rules and regulations apply. Interest and other Miscellaneous Income will be reported on 1099-INT or 1099-MISC. If under 18 years old, must have an adult co-owner on account. 


Kasasa Cash with Kasasa Saver

*Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, PIN-based debit card purchases, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. Reward Information: When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the current statement cycle: Kasasa Saver: Balances up to $50,000 receive APY* of 1.00%; and balances over $50,000 earn 0.25% APY* interest rate on the portion of balance over $50,000, and when account qualifications are not met account balances will receive 0.25% APY*, resulting in a range from 0.25% to 1.00% APY* depending on the account’s balance. Kasasa Cash: Balances up to $10,000 receive a non-compounding APY* of 3.55%; and balances over $10,000 earn 0.25% APY* interest rate on the portion of balance over $10,000, and when account qualifications are not met account balances will receive 0.01% APY*, resulting in a non-compounding range from 0.01% to 3.55% APY* depending on the account’s balance. When Kasasa Cash qualifications are not met, Kasasa Saver: All balances earn 0.25% APY*. Kasasa Cash: All balances earn a non-compounding APY* of 3.55%. When linked to the Kasasa Saver account, the interest earned within the Kasasa Cash account does not compound since it is automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when transfer occurs. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $100.00 minimum deposit is required to open the account. Monthly Direct Deposit/ACH credit and receipt of electronic statements are conditions of these accounts. Enrollment in electronic services (e.g. online banking, electronic statements, [Kasasa 360] and log-ons may be required to meet some of the account’s qualifications.  A Kasasa Cash account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly maintenance charges or fees to open or close this account. A Dormant fee of $5.00 will be charged after 36 months of inactivity or if the balance falls below $100.00 per statement cycle. You may make 6 withdrawals from your Saver Account each month. A $3.00 charge will be assessed on each withdrawal in excess of 6 in a month. Contact one of our bank customer service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A. *APY = Annual Percentage Yield. APY effective date as of 07/01/2018.

Kasasa Cash Back with Kasasa Saver

*Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, PIN-based debit card purchases, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. Reward Information: When your Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the current statement cycle: Kasasa Saver: Balances up to $50,000 receive APY* of 1.00%; and balances over $50,000 earn 0.25% APY* on the portion of balance over $50,000, and when account qualifications are not met account balances will receive 0.25% APY*, resulting in a range from 0.25% to 1.00% APY* depending on the account’s balance. Kasasa Cash Back: 2.00% APY* cash back on signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $9.00 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash Back qualifications are not met, Kasasa Saver: All balances earn 0.25% APY*. Kasasa Cash Back: No cash back payments are made. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $100.00 minimum deposit is required to open the account. Monthly Direct Deposit/ACH credit and receipt of electronic statements are conditions of these accounts. Enrollment in electronic services (e.g. online banking, electronic statements, Kasasa 360 and log-ons may be required to meet some of the account’s qualifications.  A account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly maintenance charges or fees to open or close this account. A Dormant fee of $5.00 will be charged after 36 months of inactivity or if the balance falls below $100.00 per statement cycle. You may make 6 withdrawals from your Saver Account each month. A $3.00 charge will be assessed on each withdrawal in excess of 6 in a month. Contact one of our bank customer service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A. *APY = Annual Percentage Yield. APY effective date as of 07/01/2018.

1A withdrawal is further defined as a transfer of funds to another account(s) at the same institution OR making third-party payment(s) by means of preauthorized, automatic, or telephonic transfers OR withdrawals made by check, debit card, or other similar order made by the depositor and payable to third parties. A $3 charge (Money Market accounts have a $10 charge) will be assessed on each withdrawal in excess of 6 in a month (month is further defined as a calendar month OR statement cycle of at least four weeks). Accounts that have in excess of 6 withdrawals in a month are considered in violation of Reg-D and a notice will be sent reminding you of the transaction limitations on this account. If a second violation occurs within a rolling 12-month period, another notice will be sent informing you of the violation. If a third violation occurs during a rolling 12-month period, the account will be converted to a transactional demand deposit account and a notice will be sent to inform you of this change.