Build savings automatically while earning a high rate of return. This free account collects, and grows, your earned Kasasa checking rewards!
Sign up for Free Kasasa Saver® Account
Details:
- Free account that builds your savings effortlessly
- 0.75% APY* on balances up to $100,000
- 0.75% to 0.63% on balances over $100,000 depending on balance in account*
- 0.05% APY* if qualifications aren't met
- Exclusively links to Kasasa Cash® or Kasasa Cash Back® checking
- Automatic transfers of Kasasa Cash or Kasasa Cash Back checking
- No monthly maintenance fees
- No minimum balance to earn rewards
- Free Online Banking and First Mobile Banking
- $50 minimum deposit to open
Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to you Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle.
- At least 12 debit card purchase transactions
- Be enrolled in and agree to receive E-statements
- Be enrolled in and login to Online Banking at least once per cycle
And if you don't meet these qualifications, don't worry -- your accounts are still free. You'll still earn our base rate on Kasasa Saver. Even more, you can get right back to earning your full rewards the very next cycle that you qualify.
Kasasa Saver with Cash Disclaimer:
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 bank at ATM transactions, non-retail payment transactions and purchases made with debit 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. "Banking Day" means any day on which an office of the bank is open to the public for the purpose of carrying out substantially all of its banking functions or for processing. "Business Day" means a calendar day other than a Saturday or a Sunday, January 1, the third Monday in January, the third Monday in February, the last Monday in May, July 4, the first Monday in September, the second Monday in October, November 11, the fourth Thursday in November, or December 25. If January 1, July 4, November 11, or December 25 falls on a Sunday, the next Monday is not a Business Day. "Statement Cycle" means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder's account. All Kasasa accounts will cycle a statement on the last business day of the month.
Reward Information: When your linked Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $20,000.00 in your Kasasa Saver account earn an APY of 3.00 APY and daily balances over $20,000.00 earn an interest rate of 0.25% on the portion of the daily balance over $20,000.00, resulting in a range from 0.71% to 3.00% APY depending on the account's daily balance. When your linked Kasasa Cash account qualifications are not met, the entire daily balance in the Kasasa Saver account earns an interest rate of 0.05% resulting in an annual percentage yield of 0.0499885453% APY. Interest will be credited to your Kasasa Saver account on the last day of the current statement cycle. APY = Annual Percentage Yield. APYs accurate as of September 20, 2019. APY calculations are based on an assumed balance of $20,000.00 + $100,000 in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days. Rates and rewards, if any, are variable and may change daily after account is opened without notice to you at our discretion. 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. $25.00 minimum deposit is required to open the account. Monthly online banking, E-statements, and 12 debit card purchases are conditions of this 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 account per individual tax payer ID number. 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. A Kasasa Cash account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. 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, Kasasa Cash and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.
Kasasa Saver with Cash Back Disclaimer:
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 bank as ATM transactions, non-retail payment transactions and purchases made with debit 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. Contact one of our branch service representatives for specific Monthly Qualification Cycle dates. "Banking Day" means any day on which an office of the bank is open to the public for the purpose of carrying out substantially all of its banking functions or for processing. "Business Day" means a calendar day other than a Saturday or a Sunday, January 1, the third Monday in January, the third Monday in February, the last Monday in May, July 4, the first Monday in September, the second Monday in October, November 11, the fourth Thursday in November, or December 25. If January 1, July 4, November 11, or December 25 falls on a Sunday, the next Monday is not a Business Day. "Statement Cycle" means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder's account. Contact one of our branch service representatives for specific Statement Cycle dates.
Reward Information: When Kasasa Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 4% cash back on up to a total of $250.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back payments may be earned per Monthly Qualification Cycle. Kasasa Saver will earn 1.2428952176% interest rate resulting in 1.25% APY on account balances up to and including $100,000.00 and 0.25% APY on balances over $100,000.00 if qualifications are met. To qualify you must be enrolled in E-statements, have 12 debit card purchases and one online banking log in per statement cycle in your Kasasa Cash Back account. Earn 0.05% APY if qualifying criteria are not met. Blended “annual percentage yield (APY)” range from 1.25% to 0.75% as of September 24th, 2019, based on qualifying balances up to $200,000.00. When your Kasasa Cash account qualifications are not met, ATM withdrawal fees are not refunded and the interest rate earned on entire daily balance in the account will be 0.0499885453% resulting in 0.05% APY. We use the daily balance method to calculate the interest in your Kasasa Saver account. This method applies a periodic rate to the principal in the account each day for the period. Interest will be compounded on a monthly basis. Interest will be credited to your Kasasa Saver account on the last day of the current statement cycle. If you close your account before the interest is credited, you will not receive the accrued interest. Interest begin(s) to accrue on the banking day you deposit non-cash items (for example, checks). Interest will be credited to your Kasasa Saver account on the last day of the current statement cycle. APY = Annual Percentage Yield. APYs accurate as of September 20, 2019. APY calculations are based on an assumed balance of $100,000.00 + $100,000 in your Kasasa Saver account and an assumed statement cycle of thirty-one (31) days. Rates and rewards, if any, are variable and may change daily after account is opened without notice to you at our discretion. 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. $25.00 minimum deposit is required to open the account. Monthly online banking, E-statements, and 12 debit card purchases are conditions of this 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 account per individual tax payer ID number. 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. A Kasasa Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. 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, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.
This account offers you quick access to your funds while paying you interest on your investment.
An annual statement is provided as of the last business day in December. A statement will be provided at month end for any account having electronic fund transfer activity during the month. A quarterly statement will be provided for any account having electronic fund transfer activity which does not occur monthly.
Sign up for First Bank Savings Account
Rate Information
This account is an interest bearing account. The interest rate and annual percentage yield are included in the Rate Chart. The interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on the account daily. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). Interest will be compounded quarterly and will be credited to the account quarterly. If the account is closed before interest is credited, you will not receive the accrued interest.
Balance Information
We use the daily collected balance to calculate the interest on the account. This method applies a daily periodic rate to the collected principal balance in the account each day. The term “collected” means when we receive credit for items you deposit. You must maintain a minimum balance of $1.00 in the account each day to obtain the disclosed annual percentage yield.
Limitations
You must deposit $25.00 to open this account. You may make six (6) transfers from your account each four (4) weeks or similar period, if by pre-authorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.
Account Fees
$2.50 monthly service charge if minimum daily balance falls below $25.00. Service charge applies even in cases of no activity. A per item charge of $ .50 will be assessed for each withdrawal in excess of four per month.
