It’s never too early to prepare for the future
Lay a strong foundation for your retirement savings with the guaranteed returns of an IRA.
Benefits You’ll Love
- Stress-free savings for your future
- No monthly or annual fees
- Support from our experienced team
- Seamlessly deposit from your checking account
- Retirement savings with tax advantages1
- Competitive interest above standard savings rates
- Traditional and Roth IRA options
- No setup fees
- Early withdrawal fees apply
- No monthly or annual maintenance fees
- Annual contribution limits apply
- $500 minimum deposit to open
Traditional and Roth IRAs both have their own advantages. One of the biggest differences is the time at which you see the most advantage. A traditional IRA provides potential tax relief today, while a Roth IRA has the potential for the most tax benefit at time of retirement.
Traditional IRA
- No income limits to open
- No minimum contribution requirement
- Contributions are tax deductible on state and federal income tax2
- Earnings are tax deferred until withdrawal (when usually in lower tax bracket)
- Withdrawals can begin at age 59½
- Early withdrawals subject to penalty3
- Mandatory withdrawals at age 73
Roth IRA
- Income limits to be eligible to open Roth IRA1
- Contributions are NOT tax deductible
- Earnings are 100% tax free at withdrawal2
- Principal contributions can be withdrawn without penalty2
- Withdrawals on interest can begin at age 59½
- Early withdrawals on interest subject to penalty3
- No mandatory distribution age
- No age limit on making contributions as long as you have earned income
1Consult a tax advisor.
2Subject to some minimal conditions. Consult a tax advisor.
3Certain exceptions apply, such as healthcare, purchasing first home, etc.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total interest earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Banclub Checking
Plan | Balance | Fee |
---|---|---|
Basic | $500+ | $8.00 |
Personal | $500+ | $9.00 |
Family | $500+ | $10.00 |
You must deposit $100.00 to open this account. A minimum balance fee will be imposed every statement cycle if the balance in the account falls below $500.00 any day of the statement cycle. Fees will be determined according to Banclub Plan Choice.
Banclub Now
Plan | Balance | Fee |
---|---|---|
Basic | $500+ | $8.00 |
Personal | $500+ | $9.00 |
Family | $500+ | $10.00 |
You must deposit $1,500.00 to open a Banclub NOW account and maintain a minimum daily balance of $1,500.00 to obtain the Annual Yield Percentage. Annual Percentage Yield is subject to change daily at bank’s discretion. Fees on this account will be determined according to Banclub plan chosen.
Compounding and Crediting
Interest will be compounded and credited to your account monthly. You will not receive the accrued interest if you close your account before interest is credited. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (example: checks).
Balance Computation Method
We use the daily method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Business Checking
Balance | Fee |
---|---|
$0 – $999.99 | $10.00 |
$1,000.00+ | NO FEE |
A minimum balance fee will be imposed every statement if the balance in the account falls below $1,000.00 any day in that cycle.
$0.10 PER ITEMS OVER 20 ITEMS
Business Money Market Plus
Balance | Fee |
---|---|
$2,500 or Greater | NO CHARGE |
Less than $2,500 | $15.00 |
You must deposit $2,500.00 to open a Money Market Plus account. A minimum balance fee will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the statement cycle. Annual Percentage Yield is determined by account balance and is subject to change daily at bank’s discretion. You must maintain a minimum daily balance of $2,500.00 to obtain APY.
Transactions Limitations
You may make only 6 transfers/withdrawals per calendar month or statement cycle of at least 4 weeks (not including those made by mail, in person, by telephone with check mailed to you, messenger, ATM or to repay loans with us). There will be a $5.00 per item charge for each transfer/withdrawal after the 6th transaction.
Compounding and Crediting
Interest will be compounded and credited to your account monthly. If you close your account before interest is credited, you will not receive the accrued interest. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (example: checks).
Balance Computation Method
We use the daily method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Kasasa Cash
Balance | Rate | APY |
---|---|---|
0 - $25,000 | 4.89% | 5.00% |
$25,000+ | 0.50% | 5.00% to 1.40% |
All balances if qualifications not met | 0.10% | 0.10% |
Qualifications
Earning the full rewards is so 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 1 direct deposit or ACH credit
- At least 12 debit card purchases
- Be enrolled in and agree to receive e-statements
- 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 interest rate. Plus, you can get back to earning really high interest and nationwide ATM fee refunds the very next month.
Kasasa Saver
Balance | Rate | APY |
---|---|---|
0 - $200,000 | 1.99% | 2.00% |
$200,000+ | 0.50% | 2.00% to 1.50% |
All balances if qualifications not met | 0.10% | 0.10% |
Qualifications
Qualifying for Kasasa Cash or 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 your Kasasa Cash or Cash Back account during each Monthly Qualification Cycle:
- At least 1 direct deposit or ACH credit
- At least 12 debit card purchases
- Be enrolled in and agree to receive e-statements
- Be enrolled in and log into online banking
It's no problem if you miss a qualification cycle. Both accounts are still free. And you can get back to earning rewards the very next month you qualify.
Miscellaneous Fees
Effective May 1st, 2024 | |
---|---|
Transaction | Fee |
Any new account closed within 90 days | $25.00 |
Account reconciliation and research | $20.00/hr ($10.00 min) |
ATM withdrawal at other banks |
$3.00 each |
Business Online |
Business Bill Pay $5.00 Cash Management $10.00 |
Cashier's Check Fee | $5.00 |
Money Orders Fee | $4.00 |
Coin counting (non-customers) | 5% of value, $3 min |
Check Cashing (non-customers) | 2% of each check presented or $10.00 min per check presented, whichever is greater. |
Debit Card replacement: standard card | $5.00 |
Debit Card replacement: speciality card | $10.00 |
Dormant account fee |
$5.00/month |
Night Depository Fee | $25.00/annual + purchase of bag |
Domestic wire transfer | Outgoing $30.00 Incoming $20.00 |
International wire transfer | Outgoing $75.00 Incoming $20.00 |
Levy/Garnishment Fee | $50.00 |
Insufficient/Overdraft Charge | $25.00 per item |
Return Mail Fee |
$10.00 each |
Safe Deposit Box rental annual fee *rent charged to checking account, otherwise additional $5.00 processing fee) |
3X5=$20.00 |
Special Statement Copy | $5.00/each |
Snapshot Statement Copy | $2.00/each |
Stop payment/Zero hold Fee | $25.00/each |
Money Market Plus
Balance | Fee |
---|---|
$2,500 or Greater | NO CHARGE |
Less than $2,500 | $15.00 |
You must deposit $2,500.00 to open a Money Market Plus account. A minimum balance fee will be imposed every statement cycle if the balance in the account falls below $2,500.00 any day of the statement cycle. Annual Percentage Yield is determined by account balance and is subject to change daily at bank’s discretion. You must maintain a minimum daily balance of $2,500.00 to obtain APY.
Transaction Limitations
You may only make 6 transfers/withdrawals per calendar month or statement cycle of at least 4 weeks (not including those made by mail, in person, by telephone with check mailed to you, messenger, ATM or to repay loans with us). There will be a $5.00 per item charge for each transfer/withdrawal after the 6th transaction.
Compounding and Crediting
Interest will be compounded and credited to your account monthly. You will not receive the accrued interest if you close your account before interest is credited. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (example: checks).
Balance Computation Method
We use the daily method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Now Checking
Balance | Fee |
---|---|
$1,500 or Greater | NO CHARGE |
Less than $1,500 | $10.00 |
Senior Citizens (65 Years+) | NO CHARGE (Must Notify Bank) |
You must deposit $1,500.00 to open a NOW account and maintain a minimum daily balance $1,500 to obtain the Annual Yield Percentage. Annual Percentage Yield is subject to change daily at bank’s discretion. A minimum balance fee will be imposed every statement cycle if the balance in the account falls below $1,500.00 any day of the cycle.
Compounding and Crediting
Interest will be compounded and credited to your account monthly. You will not receive the accrued interest if you close your account before interest is credited. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (example: checks).
Balance Computation Method
We use the daily method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Personal Checking
Balance | Fee |
---|---|
$0 – $99.99 | $9.00 |
$100 – $299.99 | $8.00 |
$300 – $499.99 | $7.00 |
$500 – $699.99 | $6.00 |
$700+ | $0 |
You must deposit $100.00 to open this account. A minimum balance fee will be imposed every statement if the balance in the account falls below $700.00 any day.
Senior Citizens (65 years+) NO CHARGE
Fulltime Student (To Age 23) NO CHARGE
Regular Savings
Balance | Fee |
---|---|
$250 or Greater | No Charge |
Less than $250 | $5.00 |
You must deposit $50.00 to open a Regular Savings account. A minimum balance fee will be imposed every statement cycle (quarterly) if the balance in the account falls below $250.00 any day of the quarter. Annual Percentage Yield is subject to change daily at bank’s discretion.
There will be a $2.50 per item charge for each withdrawal more than three (3) per quarter. The quarterly low balance fee will be waived for minors under the age of 18.
Transactions Limitation
You may make only three (3) withdrawals from your account each calendar quarter.
Compounding and Crediting
Interest will be compounded and credited to your account quarterly. You will not receive the accrued interest if you close your account before interest is credited. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (example: checks).
Balance Computation Method
We use the daily method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.