It pays to bank with the people that know you. Enjoy really high interest on your balance — just for being a neighbor.
Key Features
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Really High Interest
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ATM Withdrawal Fee Refunds
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No Monthly Maintenance Fees
Really High Interest
ATM Withdrawal Fee Refunds
No Monthly Maintenance Fees
- Free checking that pays high interest
- 5.05% APY* on balances up to $25,000
- 5.05% to 1.00% APY on balances over $25,000 depending on balance in account*
- 0.05% APY* if qualifications aren't met
- Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
- Link to free Kasasa Saver® to build savings automatically
- No minimum balance to earn rewards
- No monthly maintenance fee
- Free digital banking services, including:
- Free online banking & bill pay
- Free mobile banking with mobile deposit
- Free eStatements
- Free Mastercard® debit card
- FDIC insured
- $50 minimum deposit to open
It’s Easy to Earn Your Rewards
Just do a few simple things you're probably already doing. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash® account during each Monthly Qualification Cycle:
- At least 12 debit card purchases posted and settled
- At least one direct deposit, ACH credit, or ACH payment transaction posted and settled
- Be enrolled in and agree to receive eStatements
And if you don't meet these qualifications, your account is still free. Plus, you'll still earn our base interest rate. And you can get right back to earning your full rewards the very next cycle that you qualify.
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, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions/ 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) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle.
Reward Information:
When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle and if the daily balance is less than $25,000.01, the interest rate paid on that portion of the balance will be 4.927% resulting in an APY of 5.05%. If the daily balance is more than $25,000.00 the interest paid on that portion of the balance will be 0.995%. The annual percentage yield for this tier will range from 5.05% to 1.00% depending on the account’s 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. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction.
When your Kasasa Cash qualifications are not met, the interest rate earned on the account's entire daily balance will be 0.05% resulting in an annual percentage yield of 0.05% and ATM withdrawal fees are not refunded.
Interest will be credited to your Kasasa Cash 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.
APY = Annual Percentage Yield.
APYs accurate as of 11/02/2024
Rates, rewards, and bonuses, if any, are variable and may change daily 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.
Additional Information:
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply including:
- $50.00 minimum deposit is required to open the account.
- One (1) monthly direct deposit/ ACH credit or ACH debit posted and settled
- Twelve (12) debit card transactions posted and settled
- Enrollment in and agreement to receive E-Statements are qualifications of this account.
Enrollment in electronic services (e.g. online banking) and log-ons may be required to meet some of the account's qualifications. Please go to www.ssbwanamingo.com to access our online banking platform and select New User to opt-in to E-Statements.
Limit of one (1) account(s) per social security number.
There are no recurring monthly maintenance charges or fees to open or close this account.
Advertised information and rewards are based on all account qualifications being met during each cycle period.
High rate claim is based on FDIC's National Weekly Rates for interest checking accounts. Claim is independent of any one institution's offerings. Comparison Source: Interest Checking, FDIC 8/10/2020 http://www.fdic.gov/regulations/resources/rates/.
Contact one of our bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions at 507-824-2265.
Member FDIC.
Trademarks:
Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.