Account Disclosures

Kasasa Cash®

Qualification Information:  To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa Cash® account during each Monthly Qualification Cycle:

  • At least 1 ACH transaction
  • At least 12 PIN-based or signature-based debit card purchases each greater than $1.00
  • Be enrolled in electronic statements & log into online banking once a cycle.

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 or signature-based debit card purchases less than $1.00.  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) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle.  “Statement Cycle” means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder’s account.

Reward Information:

Rate information – Tier 1 – An interest rate of 1.99% resulting in an APY of 2.00% will be paid on the entire portion of your daily balance up to $10,000.00. Tier 2 –An interest rate of 0.15% resulting in an APY of 0.15% will be paid on the portion of the balance over $10,000.00 resulting in a range from 2.00% to 0.15% APY depending on the accounts daily balance.

You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Kasasa Cash® account during that Monthly Qualification Cycle.

When your Kasasa Cash® qualifications are not met, the interest rate earned on the account’s entire daily balance will be 0.01% resulting in an annual percentage yield of 0.01 %APY and ATM withdrawal fees are not refunded.

Interest & ATM fees will be credited to your Kasasa Cash® account on the last day of the current statement cycle.

Additional Information:  There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account. Member FDIC. Kasasa® and Kasasa Cash® are trademarks of Kasasa, Ltd., registered in the U.S.A.

 

Kasasa Cash Back®

Qualification Information:  To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa Cash Back® account during each Monthly Qualification Cycle:

  • At least 1 ACH transaction(s)
  • At least 12 PIN-based or signature-based debit card purchases, each greater than $1.00.
  • Be enrolled in electronic statements & log into online banking once a cycle.

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, signature based debit card purchases less than $1.00.  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) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle. “Statement Cycle” means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder’s account.

Reward Information:

When Kasasa Cash Back® qualifications are met during a Monthly Qualification Cycle, you will receive 4.00% cash back on up to a total of $200.00 PIN-based/signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $8.00 cash back payments may be earned per Monthly Qualification Cycle.

You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Kasasa Cash Back® account during that Monthly Qualification Cycle.

When your Kasasa Cash Back® account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded.

Cash back payments and nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Cash Back® account on the last day of the current statement cycle.

Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account’s rewards. Rewards less than a penny cannot be distributed. If the account is closed before rewards are credited, you will forfeit the rewards.

 Additional Information:  Small debit card transactions conducted on the same day at a single merchant and/or multiple transactions made during a condensed time period particularly near the end of a Monthly Qualification Cycle are not considered normal, day-to-day spending behavior. These types of transactions appear to be conducted with the sole purpose of qualifying for the account’s rewards and thus will be deemed inappropriate transactions and will not count toward earning the account’s rewards.

There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account. Member FDIC. Kasasa® and Kasasa Cash Back® are trademarks of Kasasa, Ltd., registered in the U.S.A.

 

Kasasa Saver® with Kasasa Cash Back®

Account Overview:  Kasasa Saver® is a free, variable rate, deposit account with no minimum balance that rewards accountholders with interest when they meet the minimum qualifications associated with their linked Kasasa Cash Back® checking account during each Monthly Qualification Cycle

Qualification Information:

To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa Cash Back® account during each Monthly Qualification Cycle:

  • At least 1 ACH transaction(s)
  • At least 12 PIN-based / signature-based debit card purchases, each greater than $1.00.
  • Be enrolled in electronic statements & log into online banking once a cycle.

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, signature based debit card purchases less than $1.00.  “Monthly Qualification Cycle” means a period beginning one (1) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle.  “Statement Cycle” means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder’s account.

Reward Information:

When Kasasa Cash Back® qualifications are met during a Monthly Qualification Cycle, you will receive 4.00% cash back on up to a total of $200.00 PIN-based/signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $8.00 cash back payments may be earned per Monthly Qualification Cycle.

In addition your Kasasa Saver® account will earn interest, Tier 1 – An interest rate of 1.00% resulting in an APY of 1.00% will be paid on the entire portion of your daily balance up to $25,000.00. Tier 2 – An interest rate of 0.20% resulting in an 0.20% APY will be paid on the portion of the balance over $25,000.00 resulting in a range from 1.00% to 0.20% APY depending on the accounts daily balance.

You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Kasasa Cash Back® account during that Monthly Qualification Cycle.

When your Kasasa Cash Back® account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded. In addition, the entire daily balance in the Kasasa Saver® account earns an interest rate of 0.01% resulting in an annual percentage yield of 0.01% APY.

Interest will be credited to your Kasasa Saver® account on the last day of the current statement cycle.

Cash back payments and nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Cash Back® account on the last day of the current statement cycle.

Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account’s rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings. If the account is closed before rewards are credited, you will forfeit the rewards.

Additional Information:  Small debit card transactions conducted on the same day at a single merchant and/or multiple transactions made during a condensed time period particularly near the end of a Monthly Qualification Cycle are not considered normal, day-to-day spending behavior. These types of transactions appear to be conducted with the sole purpose of qualifying for the account’s rewards and thus will be deemed inappropriate transactions and will not count toward earning the account’s rewards.

$100.00 minimum deposit is required to open the Kasasa Cash® account. $100.00 minimum deposit is required to open the Kasasa Saver® account. There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account. A Kasasa Cash Back® account is required to have a Kasasa Saver® account.

If, for whatever reason the Kasasa Saver® portion of your account is closed, your account will automatically be converted to the associated standalone Kasasa Cash Back® account and that account’s terms and conditions articulated within their specific disclosure will apply. A linked Kasasa Saver® account is required for automatic savings.

Account Limitations: If Kasasa Saver® Is Established As A Savings Account: Transfers or withdrawals from a Kasasa Saver® account to (a) another account of the same depositor at our institution or to (b) a third party or an account of the same depositor at another bank, if made by preauthorized transfer, automatic transfer, telephone, fax or internet banking service and (c) transfers or withdrawals to a third party or to an account of the depositor to another account at another bank made by check, draft, debit card are limited to an aggregate total of six (6) per calendar month. An excess withdrawal fee of $0.50 will be charged for each withdrawal in excess of 3 during a monthly statement cycle. There is no limit to the number of transfers or withdrawals from your Kasasa Saver® account to repay loans at our institution or are made in person, by mail, by messenger or at an ATM. These transactions are considered made on the date the transaction posts and settles to your account, not the date the withdrawal request was initiated.

Member FDIC. Kasasa®, Kasasa Cash Back® and Kasasa Saver®are trademarks of Kasasa, Ltd., registered in the U.S.A.

 

Kasasa Saver® with Kasasa Cash®

Account Overview:  Kasasa Saver® is a free, variable rate, deposit account with no minimum balance that rewards accountholders with interest when they meet the minimum qualifications associated with their linked Kasasa Cash® checking account during each Monthly Qualification Cycle.  Kasasa Cash®: A free variable rate checking account with no minimum balance that rewards accountholders with interest and nationwide ATM withdrawal fee refunds when they meet minimum qualifications during the account’s Monthly Qualification Cycle.

Qualification Information:

To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa Cash® account during each Monthly Qualification Cycle:

  • At least 1 ACH transaction
  • At least 12 PIN-based or signature-based debit card purchases, each greater than $1.00.
  • Be enrolled in electronic statements & log into online banking once a cycle.

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 or signature-based debit card purchases less than $1.00.  “Monthly Qualification Cycle” means a period beginning one (1) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle.  “Statement Cycle” means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder’s account.

Reward Information:

Kasasa Cash® Rate information – Tier 1 – An interest rate of 1.99% resulting in an APY of 2.00% will be paid on the entire portion of your daily balance up to $10,000.00. Tier 2 –An interest rate of 0.15% resulting in an 0.15% APY will be paid on the portion of the balance over $10,000.00 resulting in a range from 2.00% to 0.15% APY depending on the accounts daily balance.

In addition your Kasasa Saver® account will earn interest, Tier 1 – An interest rate of 1.00% resulting in an APY of 1.00% will be paid on the entire portion of your daily balance up to $25,000.00. Tier 2 – An interest rate of 0.20% resulting in an 0.20% APY will be paid on the portion of the balance over $25,000.00 resulting in a range from 1.00% to 0.20% APY depending on the accounts daily balance.

You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Kasasa Cash® account during that Monthly Qualification Cycle.

When your Kasasa Cash® qualifications are not met, the interest rate earned on the account’s entire daily balance will be 0.01% resulting in an annual percentage yield of 0.01% APY and ATM withdrawal fees are not refunded. In addition, the entire daily balance in the Kasasa Saver® account earns an interest rate of 0.01% resulting in an annual percentage yield of 0.01% APY.

Interest will be credited to your Kasasa Cash® with Kasasa Saver® account on the last day of the current statement cycle.

Nationwide ATM withdrawal fee reimbursements will be credited to your account on the last day of the current statement cycle.

No minimum balance is required to earn or receive the account’s rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings. If the account is closed before rewards are credited, you will forfeit the rewards.

Additional Information:  $100.00 minimum deposit is required to open the Kasasa Cash® account. $100.00 minimum deposit is required to open the Kasasa Saver® account. There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account. A Kasasa Cash® account is required to have a Kasasa Saver® account.

If, for whatever reason the Kasasa Saver® portion of your account is closed, your account will automatically be converted to the associated standalone Kasasa Cash® account and that account’s terms and conditions articulated within their specific disclosure will apply. A linked Kasasa Saver® account is required for automatic savings.

* Interest in Kasasa Cash® does not compound because it is automatically transferred to the Kasasa Saver® account. Note: 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.

Account Limitations: If Kasasa Saver® Is Established As A Savings Account: Transfers or withdrawals from a Kasasa Saver® account to (a) another account of the same depositor at our institution or to (b) a third party or an account of the same depositor at another bank, if made by preauthorized transfer, automatic transfer, telephone, fax or internet banking service and (c) transfers or withdrawals to a third party or to an account of the depositor to another account at another bank made by check, draft, debit card are limited to an aggregate total of six (6) per calendar month. An excess withdrawal fee of $0.50 will be charged for each withdrawal in excess of 3 during a monthly statement cycle. There is no limit to the number of transfers or withdrawals from your Kasasa Saver account to repay loans at our institution or are made in person, by mail, by messenger or at an ATM. These transactions are considered made on the date the transaction posts and settles to your account, not the date the withdrawal request was initiated.

Member FDIC. Kasasa®, Kasasa Cash® and Kasasa Saver® are trademarks of Kasasa, Ltd., registered in the U.S.A.