Who knew banking could be this rewarding? Enjoy free checking that earns high dividends — just for being a member.
- Free checking that pays high dividends
- 5.00% APY* on balances up to and including $15,000*
- 0.05% APY* on all balances if qualifications aren't met
- Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
- Link to free Kasasa Saver® to build savings automatically
- No monthly maintenance fee
- No minimum balance to earn rewards
- Free digital banking services, including:
- Free online banking & bill pay
- Free mobile banking with mobile deposit
- Free eStatements
- Free Visa® debit card
- Unlimited check writing
- No minimum deposit to open
Earning Your Rewards is Easy — You're Probably Already Doing It!
Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash® account during each Monthly Qualification Cycle:
- At least 12 debit card purchases
- Be enrolled in and agree to receive eStatements
- Be enrolled in and log into online banking
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 dividend rate. Plus, you can get back to earning high dividends and refunds on ATM withdrawal fees the very next month.
To earn your rewards all of the following transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle: At least 12 debit card purchases, be enrolled in and agree to receive eStatements, and be enrolled in and log into MCCU online banking.
Transactions and activities may take one (1) or more Banking Days from the date the transaction or activity occurred to post and settle to the account. The following activities do not count toward earning account rewards: ATM processed transactions, transfers between accounts and debit card transactions processed by merchants and received by Marshall Community Credit Union as ATM transactions. “Monthly Qualification Cycle" means the current Statement Cycle. “Statement Cycle” means the period of time for which Marshall Community Credit Union provides a summary of the financial activities and transactions that post and settle to the accountholder’s account. Interest will be compounded on a monthly basis. Interest will be credited to your account on the second business day following Statement Cycle, and will be effective dated to the 1st day of the current month. If you close your account before the interest is credited, you will not receive the accrued interest. Interest begins to accrue on the Business Day OF your deposit. “Business Day” means any business day on which an office of the credit union is open to the public for the purpose of carrying out substantially all of its banking functions. We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the Statement Cycle.
If Kasasa Cash qualifications are met during monthly qualification cycle: (1) Balances up to $15,000 receive APY* of 5.00%; and (2) balances over $15,000 earn .25% interest rate on the portion of the balance over $15,000, resulting in a range from 0.87% to 5.00% **APY depending on the account’s balance, (3) the account will receive reimbursements up to $25.00 ($4.99 per single transaction) for nationwide ATM fees incurred during the Monthly Qualification Cycle in which you qualified. ATM receipt must be presented for reimbursement of ATM fees of $5.00 or higher. If you believe you have not been reimbursed the correct amount of ATM fees, you must contact us within 30 calendar days after the Statement Cycle where the reimbursement was applicable in order to receive a refund. If Kasasa Cash qualification are NOT met during monthly qualification cycle: All balances earn .05% APY* and nationwide ATM fees are not reimbursed. Interest and ATM fee reimbursements will be credited to the account on the second day following the Statement cycle and will be effective dated to the 1st day of the current month.
No minimum deposit is required to open the account and no minimum balance is required to obtain the account’s rewards. This account is not to be used for commercial purposes and there is a limit of 1 account(s) per social security number. Enrollment in electronic services (e.g., online banking, electronic statements, is required to meet some of this account’s qualifications and be eligible to receive monthly rewards. There are no fees to open or close this account. There are recurring monthly service charges associated with this account. Federally Insured by NCUA. APY = Annual Percentage Yield. Rates and rewards may change after account is opened. Fees may reduce earnings. APY calculations are based on an assumed total account balance of $15,000 plus $100,000.
Kasasa Cash is a trademark of Kasasa, Ltd., registered in the U.S.A.