*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 or transfers between accounts. 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) day prior to the first day of the current month through one (1) day prior to the close of the current month. Reward Information: When your Kasasa Cash or Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your accounts on the last day of the current statement cycle: Kasasa Saver: Balances up to $15,000.00 receive APY of 0.50%; and balances over $15,000.00 earn 0.15% interest rate on the portion of balance over $15,000.00, resulting in a range from 0.05% to 0.50% APY depending on the account’s balance. Kasasa Cash: Balances up to $15,000.00 receive a non-compounding APY* of 1.49%; and balances over $15,000.00 earn 0.15% interest rate on the portion of balance over $15,000.00, resulting in a non-compounding range from 0.32% to 1.49% APY* depending on the account’s balance. Kasasa Cash Back: 3.00% cash back on up to a total of $300.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $9.00 cash back may be earned per Monthly Qualification Cycle. When Kasasa Cash or Kasasa Cash Back qualifications are not met, Kasasa Saver: All balances earn 0.05% APY. Kasasa Cash: All balances earn a non-compounding APY* of 0.05%. Kasasa Cash Back: No cash back payments are made. *When linked to the Kasasa Saver account, the dividends earned within the Kasasa Cash or Kasasa Cash Back account does not compound since it is automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash or Kasasa Cash Back account if the account’s balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield. APYs accurate as of 08/07/2017. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments and other requirements apply. $5.00 minimum deposit is required to open the account. Monthly direct deposit/ACH credit and enrollment in electronic statements are conditions of this account. Limit 1 account per social security number. A Kasasa Cash or Kasasa Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly maintenance charges or fees to open or close this account. Contact a Mutual 1st Federal representative for additional information, details, restrictions, processing limitations and enrollment instructions. Federally insured by NCUA. Kasasa, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.
Our Save to Win certificates have unique features, view details here.
*APY = Annual Percentage Yield. APY assumes dividends will remain on deposit until certificate maturity date. Standard certificates are automatically renewed at maturity to same term as original certificate; specialty certificates are automatically renewed to 12 month term. Penalty for early withdrawal; standard certificate penalty is 90 days of dividends; specialty certificates penalty is 180 days of dividends. Withdrawals or fees may reduce earnings. Minimum balance $1,000. Minimum balance for Youth Accounts is $500 (under age 18).