Kasasa Saver

Between family, friends, food, and football, don't lose focus on your financial future. Free Kasasa Saver™ helps you put money away for a rainy day, without racking your brain or bearing down on your monthly budget.


Kasasa Saver is linked to your free Kasasa Cash™ checking account. So your dividend rewards and ATM fee refunds from Kasasa Cash can grow — undisturbed by the ups and downs of day-to-day checking.

Benefits
  • 1.01% APY* on balances up to $50,000
  • 0.50% APY* on amount of balance over $50,000
  • 0.05% APY* if qualifications aren't met
  • Build savings automatically
  • Kasasa Cash rewards automatically transfer to Kasasa Saver
  • No monthly service fee
  • No minimum balance requirement
  • FREE online banking
  • FREE eStatements
  • No minimum deposit to open

Kasasa Cash Members Already Qualify!

Open Kasasa Saver alongside your Kasasa Cash account, with no additional qualifications. Just meet these benchmarks each monthly qualification cycle to make sure you make the most out of your money:

  • Receive FREE eStatements
  • Access online banking
  • Have at least 15 check card transactions post and clear
  • Have at least 1 direct deposit, online bill payment, or automatic debit (ACH) post and clear

Miss a month? No matter, you still save. And don't fret over fees or penalties — Kasasa Cash and Kasasa Saver are always free, to protect both your money and your peace of mind.


* APY=Annual Percentage Yield. All APYs are accurate as of 4/16/12. The advertised Kasasa Cash APY is based on compounding dividends. The dividends earned in Kasasa Cash are automatically transferred to Kasasa Saver each statement cycle and do not compound. The actual dividends paid could be less than the advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than the Kasasa Cash APYs. All rates may change after the account is opened. Fees may reduce earnings. Balances up to $10,000 receive an APY of 4.01% if qualifications are met each monthly qualification cycle. Balances above $10,000 receive a dividend rate of 0.50% on the portion of the balance above $10,000 if qualifications are met each monthly qualification cycle. As a result, the APY for balances above $10,000 will range from 4.01% - .50% if qualifications are met each monthly qualification cycle, depending on the balance in the account. If qualifications are not met, the APY will be 0.05% on all balances. Monthly direct deposit is required to have this account. This account is a tiered rate account. If your average daily balance is from $1.00 to $10,000.00 and you meet all of the following service requirements during the monthly qualification cycle the first Dividend Rate and Annual Percentage Yield listed for this account in the Rate Schedule will apply: 1.) Fifteen (15) qualifying transactions must post to and clear the account during the monthly qualification cycle, ATM transactions do not qualify. 2.) One direct deposit or ACH auto debit or Bill Pay. 3.) Electronic statements. 4.) Access Pelican@Net by 2 p.m. on the second to the last day of the month. Any balances $10,000.01 and above and you meet all of the service requirements the second Dividend Rate and Annual Percentage Yield listed for this account on the Rate Schedule will apply. If any of the service requirements are not met for this account the third Dividend Rate and Annual Percentage Yield listed for this account will apply regardless of the average daily balance. Qualifying transactions must post to and clear the Kasasa Cash account during the monthly qualification cycle. Transactions may take one or more banking days from the date the transaction was made to post to an account. Transfers between your accounts with us do not count as qualifying transactions. The monthly qualification cycle is not the same as your monthly statement cycle. ** Balances up to $50,000 in the Kasasa Saver account receive an APY of 1.01% if required service qualifications in the Kasasa Cash account are met each monthly qualification cycle. Balances of $50,000.01 and above receive an APY of 0.50% on the portion of the balance above $50,000 if qualifications in the Kasasa Cash account are met each monthly qualification cycle. As a result, the APY for balances above $50,000 will range from 1.01% - .50% if qualifications in the Kasasa Cash account are met each monthly qualification cycle, depending on the balance in the account. If qualifications in the Kasasa Cash account are not met, the APY will be 0.05% on all balances in the Kasasa Saver account. Monthly qualification cycle=last day of the month to the second to the last day of the next month. Monthly statement cycle=first day of the month to the last day of the month. We reserve the right to limit the number of accounts allowed per account owner, joint or individually.

† ATM fees incurred during the monthly qualification cycle will be reimbursed if qualifications are met during the monthly qualification cycle. ATM fee reimbursements will be credited to your account by the second business day of your statement cycle.