Rates effective as of 01/10/2019
APY = Annual Percentage Yield
|Balance||Minimum Required Opening Deposit||Rate||APY|
|$0 - $25,000||$50||2.00%||2.00%|
|$25,000+||$50||0.15%||2.00% to 0.52%|
|All balances if qualifications not met||$50||0.01%||0.01%|
Earning the full rewards is so easy, you're probably already doing it! To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:
If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning really high interest and nationwide ATM fee refunds the very next month.
|0 - $50,000||0.75%||0.75%|
|$50,000+||0.15%||0.75% to 0.35%|
|Qualifications not met||0.01%||0.01%|
Qualifying for Kasasa Cash rewards automatically qualifies you for the highest Kasasa Saver rate too. Simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:
It's no problem if you miss a qualification cycle. Both accounts are still free and earn our base interest rate. And you can get back to earning rewards the very next month you qualify.
|Balance||Min Deposit to Open Account||Minimum Balance to Receive Quoted APY1||Minimum Balance to Avoid Service Charge2||Interest Rate||APY|
|$1,000 - $2,499||$1,000||$1,000||$1,000||0.20%||0.20%|
|$2,500 - $9,999||$1,000||$2,500||$1,000||0.35%||0.35%|
|$10,000 - $24,999||$1,000||$10,000||$1,000||0.45%||0.45%|
|$25,000 - $49,999||$1,000||$25,000||$1,000||0.55%||0.55%|
|$50,000 - $99,999||$1,000||$50,000||$1,000||0.65%||0.65%|
|$100,000 - $249,999||$1,000||$100,000||$1,000||0.75%||0.75%|
|$250,000 & higher||$1,000||$250,000||$1,000||1.00%||1.01%|
|Balance||Min Deposit to Open Account||Minimum Balance to Receive Quoted APY1||Interest Rate||APY|
|6 Month CD $1,000 – $24,999||$1,000||$1,000||1.00%||1.01%|
|6 Month CD $25,000 & higher||$1,000||$25,000||1.00%||1.01%|
|1 Year CD/IRA||$1,000||$1,000||2.00%||2.02%|
1 YEAR CD/IRA SPECIAL**
|18 Month CD/IRA||$1,000||$1,000||2.25%||2.28%|
|2 Year CD/IRA||$1,000||$1,000||2.30%||2.33%|
|30 Mo CD/IRA||$1,000||$1,000||2.35%||2.38%|
|3 Year CD/IRA||$1,000||$1,000||2.40%||2.43%|
|4 Year CD/IRA||$1,000||$1,000||2.50%||2.53%|
4 YEAR CD/IRA SPECIAL**
|5 Year CD/IRA||$1,000||$1,000||2.75%||2.79%|
|24 Mo. Variable IRA||$250||$250||2.56%||2.59%|
|36 Mo. Variable IRA||$250||$250||2.54%||2.57%|
|60 Mo. Variable IRA||$250||$250||2.56%||2.59%|
1 Kasasa Accounts: Interest is calculated using daily balance method to calculate the interest on your account. This method applies a periodic rate to the principal in the account each day for the period. The period we use is the Statement Cycle. All other accounts: Interest is calculated using the average daily balance method which applies the daily periodic rate to the full amount of the principal (collected balance) in the account each day. Fees could reduce earnings on deposit accounts. For time deposit accounts, a substantial penalty may be imposed for early withdrawal of principal.
2The service charge is assessed on the average daily balance in the account which is calculated by adding the full amount of the principal (current balance) in the account for each day of the month and dividing that figure by the number of days in the month.
**1 Year and the 4 Year CD specials effective 10/16/2018 and offered at the bank’s discretion, rate may change daily. Offer good for the initial term only. The CD is automatically renewed into a standard CD term at maturity. Annual Percentage Yield (APY) assumes principal and interest remain on deposit for the term of the certificate. CD specials have a $1,000.00 minimum opening deposits, up to a maximum of $249,999.99. For amounts of $250,000 or more, please contact a 5Star Bank New Account Representative. FDIC insured to the maximum allowed by law. All other CD terms apply; penalty will be imposed for early withdrawal.
Note: All rates are variable except for CD's and fixed rate IRA's. For variable rate accounts, rates are subject to change after the account is opened at the Bank's discretion. Variable IRA rates are subject to change monthly, and are indexed to Treasury Securities with matching maturities as published in the Wall Street Journal the second Thursday of each month.
Total Risk Based Capital Ratio as of
December 31, 2018
|Total Assets as of December 31, 2018||$209 Million|
|Bauer Financial Reports||'Five Stars' (highest rating)|
|Cash Reserve APR (Variable Monthly)||12.500%|