Checking with Freedom

High Yields Rewards Disclaimer

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, credit card purchases or transactions, debit card purchases processed by merchants and received by our credit union as ATM transactions, non-retail payment transactions, Person-to-Person (P2P) transactions processed by providers such as Venmo or CashApp, and purchases made with debit cards not issued by our credit union. 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 banking day of the current statement cycle through one (1) banking day prior to the last banking day of the current statement cycle. Contact one of our branch service representatives for specific Monthly Qualification Cycle dates.

Reward Information:

When your High Yield Rewards account qualifications are met during a Monthly Qualification Cycle, average daily balances up to and including $10,000.00 in your High Yield Rewards account earn a dividend rate 5.841% resulting in an APY of 6.000%; and average daily balances over $10,000.00 earn a dividend rate of 1.000% on the portion of the average daily balance over $10,000.00, resulting in a range from 6.000% to 1.205% APY depending on the account’s average 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. NOTE: ATM fee reimbursements only apply to High Yield Rewards or Cash Back Rewards transactions via ATM; Rewards Savings ATM transaction fees are not reimbursed nor refunded.

When your High Yield Rewards qualifications are not met, the dividend rate earned on the account’s entire average daily balance will be 0.010% resulting in an annual percentage yield of  0.010% and ATM withdrawal fees are not refunded. Dividends will be credited to your High Yield Rewards Checking 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.

APY accurate as of December 1, 2023

APY calculations are based on an assumed statement cycle of thirty-one (31) days. Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change 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:

Membership restrictions may apply. Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $5.00 minimum deposit is required to open the account, no minimum balance is required to earn the stated dividends. Monthly ACH credit or debit; and enrollment in e-statements are condition(s) of these account(s). Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account’s qualifications. Limit of one (1) Rewards account per member. 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. Contact one of our credit union service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.

Trademarks: Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.