Free Kasasa Saver

*Qualification Information: 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, debit card purchases processed by merchants and received by our credit union as ATM transactions, payment transactions and purchases made with debit cards not issued by My Community CU. “Monthly Qualification Cycle” means a period beginning one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. Reward Information: Kasasa Saver: (if linked to a Kasasa Cash or Kasasa Cash Back account): Balances up to $25,000 in your Kasasa Saver account receive an APY* of 0.85% and balances over $25,000 earn 0.75% interest rate on the portion of balance over $25,000, resulting in a range from 0.85% to 0.75% APY* depending on the account’s balance. ATM Fee Refunds: you will receive reimbursements up to $30 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. When your Kasasa account qualifications are not met all balances in a Kasasa Saver account earn 0.06% APY*; cash back payments are not made, and ATM fees are not reimbursed. Automatic transfer from Kasasa Cash to Kasasa Saver occurs within one day and may cause an overdraft to your Kasasa Cash account if the account’s balance is less than the transferred amount when transfer occurs. When linked to the Kasasa Saver account, the dividends earned within the linked Kasasa Cash account do not compound since it is automatically transferred to the Kasasa Saver account. Due to non-compounding, the actual dividend amount transferred from the Kasasa Cash account to the Kasasa Saver account may be less than the advertised Kasasa Cash APY*, if the advertised APY* is represented without a linked Kasasa Saver account. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. Monthly Direct Deposit/ACH credit, enrollment in electronic services, and log-ons are a condition of these accounts and required to meet all of the account’s qualifications. Limit 1 account(s) per individual taxpayer identification number. All rewards, cash back, and ATM reimbursements will be credited to the appropriate Kasasa account on the last day of the current statement cycle. A minimum of $5 deposit is required to open a Kasasa Saver account. There are no recurring monthly service charges or fees to open or close this account. A Kasasa Cash or Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. Kasasa, Kasasa Cash, Kasasa Cash Back, Kasasa Tunes, and Kasasa Saver are trademarks of BancVue, Ltd., registered in the U.S.A.  

*APY = Annual Percentage Yield  APYs accurate as of: 11/21/2024. Rates and rewards are variable and may change after account is opened.