eBanking BenefitsFind out More
Keep all of your money and then some with free, high-interest Kasasa Cash® checking. This innovative account flips the script on "traditional checking." Rather than have you pay a burdensome monthly service fee, you get to keep that money where it belongs — with you.
In fact, we pay you! Enjoy really high interest rates, plus ATM fee refunds not just around Southeastern Minnesota, but nationwide*! What's better than free checking? Free checking plus benefits — that's what. Do you Kasasa?®
- 2.00% APY* on balances up to $20,000
- 2.00% to 0.50% APY on balances over $20,000 depending on balance in account*
- 0.03% APY* if qualifications aren't met
- ATM fee refunds nationwide (up to $25 monthly)*
- Can link to high-interest Kasasa Saver® account
- No minimum balance to earn rewards
- No monthly service fee
- Unlimited check writing
- Free online banking & bill pay
- Free telephone banking
- Free eStatements
- Free debit card
- $100 minimum deposit to open
How Does Kasasa® Work?
Simple things like using your debit card and receiving eStatements save you time and make life easier. Those small changes also help save us some money. We can then pump that money back into the community — and to pay you rewards!
Qualifying for rewards is easy — so easy, in fact, you're probably already doing it! To earn your rewards, simply do the following activities in your Kasasa Cash account during the monthly qualification cycle.
- Have at least 12 debit card purchases post and settle
- Be enrolled and receive eStatement notice
- Be enrolled and log into online banking
- Have at least 1 automatic payment (ACH) or bill pay post and settle
That's it. 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 major interest and nationwide ATM fee refunds the very next month.
- Earnings Calculator
*APY=Annual Percentage Yield. APYs accurate as of 01/13/2014. Rates may change after account is opened. Minimum to open is $100 for Kasasa Cash and $100 for Kasasa Saver. For Kasasa Cash, if qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $25 and credited to account on the last day of monthly statement cycle; (2) balances up to $20,000 receive APY of 2.00%; and (3) balances over $20,000 earn 0.20% interest rate on the portion of the balance over $20,000, resulting in 2.00% - 0.50% APY depending on the balance. If qualifications are not met on Kasasa Cash all balances earn 0.03% APY. Qualifying transactions must post to and settle 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 settle account. ATM-processed transactions do not count towards qualifying debit card transactions. "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. The advertised Kasasa Cash APY is based on compounding interest. Interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. Actual interest amount paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. Transfers between accounts do not count as qualifying transactions. Limit one account per SSN. ATM receipt must be presented for reimbursement of an individual ATM fee of $5.00 of higher.