Rates

Rates

Rates effective as of June 27, 2017.

Rates may change after accounts are opened. Fees may reduce earnings. Early Withdrawal Penalty: We may impose a penalty if you withdraw from your account before the maturity date. Any applicable early withdrawal penalties will be calculated at the APY* and Rate in effect at the time of withdrawal. 

*APY = Annual Percentage Yield.

Kasasa Cash* View Details

Balance Minimum Required Opening Deposit Rate APY
$0 - $10,000 $50 2.47% 2.50%
$10,000+ $50 0.40% 2.50% to 0.59%
All balances if qualifications not met $50 0.05% 0.05%

Qualifications

Earning the full rewards is so easy, you're probably already doing it! To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking
  • No minimum balance requirement

If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning really high interest and nationwide ATM fee refunds the very next month.

Kasasa Saver* View Details

Balance Rate APY
0 - $100,000 1.00% 1.00%
$100,000+ 0.40% 1.00% - 0.70%
All balances if qualifications not met 0.05% 0.05%

Qualifications

Qualifying for Kasasa Cash rewards automatically qualifies you for the highest Kasasa Saver rate too. Simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 12 debit card purchases post and settle
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking
  • No minimum balance requirement

It's no problem if you miss a qualification cycle. Both accounts are still free and earn our base interest rate. And you can get back to earning rewards the very next month you qualify.

Deposit Accounts

Account TypeMinimum Required Opening DepositDividend RateAnnual Percentage Yield
Share (Savings) & Clubs $25 minimum (No minimum for Clubs) 0.10% 0.10%
Regular Checking No Min. Balance 0.00% 0.00%

WAVE Money Market View Details

Balance Dividend Rate APY
$2,500 - $4,999 0.20% 0.20%
$5,000 - $9,999 0.25% 0.25%
$10,000 - $49,999 0.35% 0.35%
$50,000 - $99,999 0.45% 0.45%
$100,000+ 0.50% 0.50%

Share Certificates View Details

Type Minimum Required Opening Deposit Dividend Rate APY
3 Mo. Share Certificate $100 minimum 0.15% 0.15%
6 Mo. Share or IRA Certificate $500 minimum 0.30% 0.30%
12 Mo. Share or IRA Certificate $500 minimum 0.75% 0.75%
18 Mo. *Rippling Waves Share or IRA Certificate - allows add'l ($500 minimum) deposits $500 minimum 0.50% 0.50%
2 Yrs. Share or IRA Certificate $500 minimum 0.85% 0.85%
3 Yrs Share or IRA Certificate $500 minimum 1.10% 1.11%
4 Yrs. Share or IRA Certificate $500 minimum 1.35% 1.36%
5 Yrs. *Step-Up Share or IRA Certificate - allows 1-time rate increase $500 minimum 1.70% 1.71%

Penalty for early withdrawal.

Individual Retirement Accounts (IRAs) View Details

Balance Dividend Rate APY
$0 - $4,999 0.15% 0.15%
$5,000 - $9,999 0.25% 0.25%
$10,000 - $49,999 0.35% 0.35%
$50,000 - $99,999 0.45% 0.45%
$100,000+ 0.50% 0.50%

Health Savings Account (HSA) View Details

Balance Dividend Rate APY
$0 - $999 0.15% 0.15%
$1,000 - $4,999 0.30% 0.30%
$5,000 + 0.35% 0.35%