Checking Account Rates

Effective: June 11, 2024


Minimum Opening Balance Interest Rate¹ Annual Percentage Yield(APY)¹ Minimum Daily Average Balance to Earn Interest
Kasasa Cash Checking² $100 $0
$0 – $10,000.00 2.50% 2.54%
$10,000.01 Plus 0.35% 2.54% – 0.57%
All balances if qualifications are not met 0.01% 0.01%
Kasasa Cash Back $100 N/A N/A $0
Highland Checking $100 N/A N/A N/A
Interest Checking $100 0.30% 0.30% $1,000
Student Checking³ $50 N/A N/A N/A

(1) The interest rate and annual percentage yield (APY) may change weekly at Bank’s discretion. Interest will be compounded and paid monthly. We use the average daily balance method to calculate interest on your account. This method applies a daily periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Fees may reduce earnings. (2) Qualifications for higher interest rate: Must have at least 12 debit card purchases posted and settled and must have at least one ACH transaction (debit or credit) per statement/qualifying cycle. APY on tiers may vary based on balances maintained. If qualifications are not met, interest rate/yield will revert to .01% on all balances. Enrolled in e-statements is a condition of the account. (3) For students 13 – 24 years of age.

Monthly Qualification and Statement Cycles