Rates
Rates effective as of June 4, 2013. Rates may change after accounts are opened. Fees may reduce earnings.
Certificate Special
- 20-month Share or IRA Certificate 0.75% APR - 0.75% APY
- $500 minimum balance; Requires Online Banking and eStatement
- Special may end at any time, without notice
Kasasa Cash*
| Balance | Annual Percentage Yield |
|---|---|
| Balances up to $10,000 | 2.50% |
| Balance over $10,000 | 0.40% 2.50%-0.59% depending on account balance |
| All balances if qualifications aren't met | 0.05% |
Qualifications each monthly qualification cycle:
- Have at least 12 debit card purchases post and clear
- Access online banking at least once
- Receive free eStatement
Kasasa Saver**
| Balance | Annual Percentage Yield |
|---|---|
| Balances up to $10,000 | 1.00% |
| Balance over $10,000 | 0.40% 1.00%-0.46% depending on account balance |
| All balances if qualifications aren't met | 0.05% |
Qualifications each monthly qualification cycle:
- Have at least 12 debit card purchases post and clear
- Access online banking at least once
- Receive free eStatement
Rates and Yields Effective as of 6/4/13
| Account Type | Minimum Required Opening Deposit | Interest Rate Paid | Annual Percentage Yield |
|---|---|---|---|
| Share (Savings) & Clubs | $25 minimum | 0.10% | 0.10% |
| Regular Checking | No Min. Balance | 0.00% | 0.00% |
| Free4ME Checking Ages 18-25 | No Min. Balance | 0.00% | 0.00% |
| WAVE Money Market Account - tiered dividends based upon the average daily balance | $2,500 - $4,999 | 0.15% | 0.15% |
| $5,000 - $9,999 | 0.15% | 0.15% | |
| $10,000 - $49,999 | 0.25% | 0.25% | |
| $50,000 - $99,999 | 0.35% | 0.35% | |
| $100,000+ | 0.35% | 0.35% | |
| 3 Mo. Share Certificate | $100 minimum | 0.15% | 0.15% |
| 6 Mo. Share or IRA Certificate | $500 minimum | 0.25% | 0.25% |
| 12 Mo. Share or IRA Certificate | $500 minimum | 0.40% | 0.40% |
| 18 Mo. *Rippling Waves Share or IRA Certificate - allows add'l ($500 minimum) deposits | $500 minimum | 0.45% | 0.45% |
| 2 Yrs. Share or IRA Certificate | $500 minimum | 0.65% | 0.65% |
| 3 Yrs Share or IRA Certificate | $500 minimum | 0.90% | 0.90% |
| 4 Yrs. Share or IRA Certificate | $500 minimum | 1.04% | 1.05% |
| 5 Yrs. *Step-Up Share or IRA Certificate - allows 1-time rate increase | $500 minimum | 1.39% | 1.40% |
| Retirement Share Account (Roth IRA, Traditional IRA, SEP IRA, and Coverdell ESA Accounts) | $0 - $4,999 | 0.10% | 0.10% |
| $5,000 - $9,999 | 0.20% | 0.20% | |
| $10,000 - $49,999 | 0.25% | 0.25% | |
| $50,000 - $99,999 | 0.35% | 0.35% | |
| $100,000+ | 0.40% | 0.40% | |
| Health Savings Account (HSA) | $0 - $999 | 0.10% | 0.10% |
| $1,000 - $4,999 | 0.25% | 0.25% | |
| $5,000 + | 0.30% | 0.30% |
*Kasasa Cash: APY=Annual Percentage Yield. APYs accurate as of 10/01/2012. Rates may change after account is opened. Monthly direct deposit required to have this account. Minimum to open is $50. 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 2.50%; and (3)balances over $10,000 earn 0.40% dividend rate on portion of balance over $10,000, resulting in 2.50% -0.59% APY depending on the balance. If qualifications are not met, all balances earn 0.05% APY. Qualifying transactions must post to and clear account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and clear an account. "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. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.
**Kasasa Saver: APY=Annual Percentage Yield. APYs accurate as of 10/01/2012. Rates may change after account is opened. Monthly direct deposit required to have these accounts. Minimum to open is $50 for Kasasa Cash and $50 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle ATM fees using Kasasa Cash debit card incurred during qualification cycle will be reimbursed up to $20 and credited to account on the last day of monthly statement cycle. Qualifying transactions must post to and clear 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 clear account. "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. Dividends earned in Kasasa Cash are automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual dividend 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 account are met each monthly qualification cycle: (1)balances up to $10,000 in Kasasa Saver account receive an APY of 1.00%; and (2)balances over $10,000 in Kasasa Saver account earn 0.40% dividend rate on portion of balance over $10,000, resulting in 1.00% -0.46% APY depending on the balance. If qualifications are not met on Kasasa Cash, all balances in Kasasa Saver account earn 0.05% APY. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 or higher.
