Checking Accounts

*APY = Annual Percentage Yield. APY accurate as of August 1, 2023.
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 institution as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our institution. 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. 

Kasasa Cash – High Rewards’ Qualifications:

• Have at least 1 direct deposit, ACH credit or ACH payment transaction(s)
• At least 12 debit card purchases
• Be enrolled in and have agreed to receive e-statements rather than paper statements
• Access online banking and review account

Kasasa Cash – REALLY High Rewards’ Qualifications:

• Have at least 1 direct deposit, ACH credit or ACH payment transaction(s)
• At least 28 debit card purchases
• Be enrolled in and have agreed to receive e-statements rather than paper statements
• Access online banking at review account

"Monthly Qualification Cycle" means a period beginning one (1) day prior to the first banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle. Visit our website or speak to one of our branch service representatives for specific Monthly Qualification Cycle dates. 

Reward Information: When Kasasa Cash - Multi Level account qualifications are met during a Monthly Qualification Cycle, you will receive:

• Kasasa Cash – High Rewards: average daily balances up to and including $15,000 in your Kasasa Saver account earn a dividend rate of 3.938% resulting in a non-compounding APY* of 4.01%; and average daily balances over $15,000 earn a dividend rate of 0.2497% on the portion of the average daily balance over $15,000, resulting in a non-compounding range from 4.01% to 0.74% APY* depending on the account's average daily balance.

or

• Kasasa Cash – REALLY High Rewards: average daily balances up to and including $15,000 in your Kasasa Saver account earn a dividend rate of 5.366% resulting in a non-compounding APY* of 5.50%; and average daily balances over $15,000 earn a dividend rate of 0.2497% on the portion of the average daily balance over $15,000, resulting in a non-compounding range from 5.50% to 0.93% APY* depending on the account's average daily balance.

and

• Kasasa Saver Rewards: average daily balances up to and including $100,000 in your Kasasa Saver account earn a dividend rate of 1.981% resulting in an APY of 2.00%; and average daily balances over $100,000 earn a dividend rate of 0.2497% on the portion of the average daily balance over $100,000, resulting in a range from 2.00% to 1.13% APY depending on the account's average daily balance.

You will also receive reimbursements up to the aggregate total of $25 for nationwide ATM withdrawal fees incurred within your Kasasa Cash - Multi-Level 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 Kasasa Cash – Multi Level account transactions via ATM; Kasasa Saver ATM transaction fees are not reimbursed nor refunded.

When your Kasasa Cash – Multi Level account qualifications are not met during a Monthly Qualification Cycle, ATM withdrawal fees are not refunded and:

• Kasasa Cash – Multi Level: the entire average daily balance in your Kasasa Cash - Multi Level account earns a dividend rate of 0.05% resulting in a non-compounding annual percentage yield of 0.05% APY.
• Kasasa Saver: the entire average daily balance in your Kasasa Cash – Multi Level account earns a dividend rate of 0.05% resulting in an annual percentage yield of 0.05% APY.

* Dividends in Kasasa Cash – Multi Level do not compound because they are automatically transferred to the Kasasa Saver account within one day. Note: Automatic transfer may cause an overdraft to your Kasasa Cash account, if the account's balance is less than the transferred amount when transfer occurs.

Dividends and nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Cash – Multi Level account on the first business day of the following statement cycle.  Dividends will be credited to your Kasasa Saver account on the first business day of the following statement cycle.

APY = Annual Percentage Yield. APY accurate as of August 1, 2023. APY calculations are based on an assumed balance of $115,000 in your Kasasa Cash – Multi Level account and an assumed balance of $200,000 in your Kasasa Saver account and 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. You will automatically qualify for the account's rewards during your account's first statement cycle. If the account is closed before rewards are credited, you will forfeit the rewards.

Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. No minimum deposit is required to open the Kasasa Cash – Multi – Level account. No minimum deposit is required to open the Kasasa Saver account. See UCU’s fee schedule for fees that may apply to this account. There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account. If the account is closed, you will forfeit any rewards that have not been credited to your account. A Kasasa Cash - Multi Level account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. Contact one of our member service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Federally Insured by NCUA.  Kasasa, Kasasa Cash – Multi Level and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.