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First State Bank

Kasasa Cash Checking

 
Earn up to 1.50% APY* on balances up to $15,000 with free Kasasa Cash checking! That's cold, hard cash for doing a few banking basics you probably already do. Plus, we will refund you ATM withdrawal fees, nationwide.* That means any ATM is now your ATM. Open your free Kasasa Checking account today. 
 

Details

  • Free checking that pays high interest
    • 1.50% APY* on balances up to $15,000
    • 1.50% APY to 0.41% APY on balances over $15,000 depending on balance in account*
    • 0.05% APY* if qualifications are not met
  • Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)
  • Link to free Kasasa Saver to build savings automatically
  • No monthly service fee
  • Free online banking
  • Free eStatements
  • $100 minimum deposit to open
 

It's Easy to Qualify

 
To earn your rewards, just do the following transactions and activities in your Kasasa Cash acocunt during each Monthly Qualification Cycle:
  • Have at least 12 debit card purchases post and settle
  • Have at least 1 direct deposit, ACH payment or bill pay transaction(s)
  • Be enrolled in and have agreed to receive eStatements rather than paper statements
And if you don't meet these qualifications, don't worry.
 
Your account is still free. You'll also still earn our base interest rate and you can get right back to earning your full rewards the very next cycle that you qualify. 
 
 
 

Qualification Information:

To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle:

  • At least 1 direct deposit, ACH payment, or bill pay transaction(s)
  • At least 12 debit card purchases
  • Be enrolled in and have agreed to receive e-statements rather than paper statements

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 bank as ATM transactions, non-retail payment transactions and purchases made with debit or credit cards not issued by our bank. 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 day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. See our website, www.fsbvalliant.com or contact one of our branch service representatives for specific Monthly Qualification Cycle dates.

Reward Information:When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $15,000 in your Kasasa Cash account earn an interest rate of 1.49% resulting in an APY of 1.50 %; and daily balances over $15,000 earn an interest rate of 0.250% on the portion of the daily balance over $15,000, resulting in a range from .041% to 1.50% APY depending on the account's 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. When your Kasasa Cash qualifications are not met, the interest rate earned on the account's entire daily balance will be 0.05% resulting in an annual percentage yield of 0.05% and ATM withdrawal fees are not refunded. Interest will be credited to your Kasasa Cash 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.

APYs accurate as of February 1, 2020.

APY calculations are based on an assumed balance of $15,000+ $100,000 in your Kasasa Cash 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 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: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $100 minimum deposit is required to open the account. 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 1 account per SSN.TIN. 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 bank service representatives for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Member FDIC.

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

Cycle Date Information:

The following dates apply to our Kasasa account(s). Monthly Qualification Cycle dates are not the same as our Statement Cycle dates. Please refer to your account's Truth In Savings disclosure for your account's specific qualification requirements. To qualify for your account's rewards, all of your account's qualifying transactions must post and settle to your specific Kasasa account within the Monthly Qualification Cycle dates stated below. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning your account's rewards. 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 your account's rewards.

 

 

 

Monthly Qualification Cycle

 

Statement Cycle

Month

Year

 

Begin

End

 

Begin

End

January

2020

 

12/18/2019

01/14/2020

 

12/19/2019

01/15/2020

February

2020

 

01/15/2020

02/18/2020

 

01/16/2020

02/19/2020

March

2020

 

02/19/2020

03/17/2020

 

02/20/2020

03/18/2020

April

2020

 

03/18/2020

04/14/2020

 

03/19/2020

04/15/2020

May

2020

 

04/15/2020

05/19/2020

 

04/16/2020

05/20/2020

June

2020

 

05/20/2020

06/16/2020

 

05/21/2020

06/17/2020

July

2020

 

06/17/2020

07/14/2020

 

06/18/2020

07/15/2020

August

2020

 

07/15/2020

08/18/2020

 

07/16/2020

08/19/2020

September

2020

 

08/19/2020

09/15/2020

 

08/20/2020

09/16/2020

October

2020

 

09/16/2020

10/20/2020

 

09/17/2020

10/21/2020

November

2020

 

10/21/2020

11/17/2020

 

10/22/2020

11/18/2020

December

2020

 

11/18/2020

12/15/2020

 

11/19/2020

12/16/2020

 

January

2021

 

12/16/2020

01/19/2021

 

12/17/2020

01/20/2021

February

2021

 

01/20/2021

02/16/2021

 

01/21/2021

02/17/2021

March

2021

 

02/17/2021

03/16/2021

 

02/18/2021

03/17/2021

April

2021

 

03/17/2021

04/20/2021

 

03/18/2021

04/21/2021

May

2021

 

04/21/2021

05/18/2021

 

04/22/2021

05/19/2021

June

2021

 

05/19/2021

06/15/2021

 

05/20/2021

06/16/2021

July

2021

 

06/16/2021

07/20/2021

 

06/17/2021

07/21/2021

August

2021

 

07/21/2021

08/17/2021

 

07/22/2021

08/18/2021

September

2021

 

08/18/2021

09/14/2021

 

08/19/2021

09/15/2021

October

2021

 

09/15/2021

10/19/2021

 

09/16/2021

10/20/2021

November

2021

 

10/20/2021

11/16/2021

 

10/21/2021

11/17/2021

December

2021

 

11/17/2021

12/14/2021

 

11/18/2021

12/15/2021

Future Monthly Qualification Cycle and Statement Cycle dates for our Kasasa accounts will be available to you via our website or through one of our Service Representatives within one of our branches.

 

 

 
 
 
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