We are excited to bring you this FREE checking account which includes a "free debit card." In addition, if you complete three simple tasks each qualification cycle, you will earn a high rate of interest. The requirements are:

  • Be enrolled and receive e-statements via our On-line Banking System
  • Post and settle 10 Debit Card purchases
  • Post and settle one direct deposit or ACH auto debit

"Qualification cycle" means a period beginning one business day prior to the first day of the current statement cycle through one business day prior to the close.


"If Qualifications are Met" balances earn 1.16% APY* Up to $25,000.00

0.15% APY* earned on balances over $25,000.00

"If Qualifications are not Met" balances earn 0.10% APY*

*APY = Annual Percentage Yield


No minimum balance to earn rewards or to maintain account.

ATM Fee reimbursements are made provided only if qualifications are met within the monthly qualification cycle. ATM receipt must be presented for reimbursement of ATM fees of $4.99 or higher. ATM withdrawals do not count as qualifying debit card transactions for purposes of earning rewards within this account.

If you don't qualify during the monthly qualification cycle, you still will enjoy a FREE checking account.


Disclaimer:

Minimum to open account is $100.00. Interest Rates and Annual Percentage Yield (APY) are current as of today's date. Rate tiers as follows: 1.16% APY applies to balances of $0.01 - $25,000.00 and balances over $25,000.00 earn 0.15 % interest rate on portion of balance over $25,000.00, resulting in 1.16 % to 0.65% APY depending on the balance. 0.10% APY applies to all balances if monthly qualifications are not met. All balances will earn 1.16% APY - 0.652% APY if monthly qualifications are met. Rates may change after the account is opened. Fees may reduce earnings. Qualifying transactions must post and settle the account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to an account from the date the transaction is made. Intra-bank transfers do not count as qualifying ACH transactions. ATM Fee reimbursements are made only if qualifications are met within the monthly qualification cycle. ATM receipt must be presented for reimbursement of ATM fees of $4.99 or higher. ATM withdrawals do not count as qualifying debit card transactions for purposes of earning rewards within this account. Kasasa Cash is a trademark of Kasasa, Ltd., registered in the U.S.A.