Kasasa

Kasasa LMFCU

Free Kasasa Cash® Checking Account

  • NO Monthly Maintenance Fee
  • NO Minimum Balance to Earn Rewards
  • Earn 3.00% APY* on Balances up to $10,000
  • Earn 0.05% APY* if Qualifications Aren’t Met
  • Refunds on ATM Withdrawal Fees*
  • Free CU Service Centers Access (Over 5,000 nationwide)
  • Free Surcharge-Free Co-Op ATM’s Nationwide
  • Overdraft Protection Options
    SEE DETAILS

Free Kasasa Cash Back® Checking Account

  • NO Monthly Maintenance Fee
  • NO Minimum Balance to Earn Rewards
  • 4.00% Cash Back on Debit Card Purchases*
  • Up to $120 cash back per year, $10.00 Per Month*
  • Refunds on ATM Withdrawal Fees*
  • Free CU Service Centers Access (Over 5,000 nationwide)
  • Free Surcharge-Free Co-Op ATM’s Nationwide
  • Overdraft Protection Options
    SEE DETAILS

Make Saving Effortless with Free Kasasa Saver®

Make saving easy while earning high dividends. Our free Kasasa Saver® account links to free Kasasa Cash® or Kasasa Cash Back® checking to grow your savings automatically.
SEE DETAILS on Kasasa Saver with Cash

SEE DETAILS on Kasasa Saver with Cash Back

 

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

At least 1 direct deposit or ACH credit transaction(s)
At least 12 PIN-based / signature-based 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 and credit card purchases processed by merchants and received by our credit union as ATM transactions, PIN-based, signature based transactions, non-retail payment transactions and purchases made with debit or credit cards not issued by our credit union. 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 banking day of the current statement cycle through one (1) day prior to the last banking day of the current statement cycle.
Reward Information:
Depending on what Kasasa account you have, you will receive the following rewards when you meet your account’s qualifications during a Monthly Qualification Cycle:
Kasasa Saver: average daily balances up to and including $20,000 in your Kasasa Saver account earn an APY of 1.50 and average daily balances over $20,000 earn a dividend rate of 0.2497% on the portion of the average daily balance over $20,000, resulting in a range from 1.50 to 0.46 APY depending on the account’s average daily balance.
You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Kasasa Cash or Kasasa Cash Back 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.
Depending on your Kasasa account, when your qualifications are not met, cash back payments are not made, nationwide ATM withdrawal fees are not reimbursed and:
Kasasa Saver: the entire average daily balance in the Kasasa Saver account earns 0.05% APY.
Dividends will be credited to your Kasasa Cash and Kasasa Saver accounts on the last day of the current statement cycle.
The cash back payments and nationwide ATM withdrawal fee reimbursements earned in your Kasasa Cash Back account will be credited to your Kasasa Saver account on the last day of the current statement cycle.
If Kasasa Cash or Kasasa Cash Back are linked to Kasasa Saver, the following also apply:
Kasasa Cash: When linked to a Kasasa Saver account, the dividends earned within the Kasasa Cash account do not compound since it, along with any nationwide ATM withdrawal fee reimbursements are, automatically transferred to the Kasasa Saver account within one day. This automatic transfer may cause an overdraft to your Kasasa Cash account, if the account balance is less than the transferred amount when the transfer occurs.
Kasasa Cash Back: When linked to a Kasasa Saver account, the cash back payments and nationwide ATM withdrawal fee reimbursements earned in your Kasasa Cash Back account 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 05/15/2018.
APY calculations are based on an assumed balance of 20,000 + $100,000 in your Kasasa Saver 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:
Membership restrictions may apply.
Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.
Qualifications and rewards may vary by account.
No minimum deposit is required to open the account.
$25.00 minimum deposit is required to open Kasasa Saver account.
Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of Kasasa Saver’s linked Kasasa Cash or Kasasa Cash Back account’s qualifications.
Limit of 1 account(s) per SSN.
There are no recurring monthly maintenance charges or fees to open or close this account.
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.
Contact one of our credit union service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions.
Federally insured by NCUA. All of your deposits are federally insured by NCUA up to $250,000.
Trademarks:
Kasasa, Kasasa Cash, Kasasa Cash Back and Kasasa Saver 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 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
February 2019 xx/xx/xx xx/xx/xx xx/xx/xx xx/xx/xx
March 2019 02/28/2019 03/28/2019 03/01/2019 03/31/2019
April 2019 03/29/2019 04/29/2019 04/01/2019 04/30/2019
May 2019 04/30/2019 05/30/2019 05/01/2019 05/31/2019
June 2019 05/31/2019 06/27/2019 06/01/2019 06/30/2019
July 2019 06/28/2019 07/30/2019 07/01/2019 07/31/2019
August 2019 07/31/2019 08/29/2019 08/01/2019 08/31/2019
September 2019 08/30/2019 09/27/2019 09/01/2019 09/30/2019
October 2019 09/28/2019 10/30/2019 10/01/2019 10/31/2019
November 2019 10/31/2019 11/28/2019 11/01/2019 11/30/2019
December 2019 11/29/2019 12/30/2020 12/01/2019 12/31/2020
January 2020 12/31/2020 01/30/2020 01/01/2020 01/31/2020
February 2020 01/31/2020 02/27/2020 02/01/2020 02/29/2020
March 2020 02/28/2020 03/30/2020 03/01/2020 03/31/2020
April 2020 03/31/2020 04/29/2020 04/01/2020 04/30/2020
May 2020 04/30/2020 05/28/2020 05/01/2020 05/29/2020
June 2020 05/29/2020 06/29/2020 05/30/2020 06/30/2020
July 2020 06/30/2020 07/30/2020 07/01/2020 07/31/2020
August 2020 07/31/2020 08/30/2020 08/01/2020 08/31/2020
September 2020 08/31/2020 09/29/2020 09/01/2020 09/30/2020
October 2020 09/30/2020 10/29/2020 10/01/2020 10/30/2020
November 2020 10/30/2020 11/29/2020 10/31/2020 11/30/2020
December 2020 11/30/2020 12/30/2021 12/01/2020 12/31/2021

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.