Kasasa Cash
2.50% APY*. ATM fee refunds. No monthly fees. Do you Kasasa?
Kasasa is about making life better. F&M is proud to bring Kasasa to Northwest Ohio and into Indiana too! This free high interest checking account offers an outrageously high 2.50% APY* and ATM fee refunds nationwide, with no monthly fees or minimum balance requirements. Plus, it's easy to qualify!
If you are an existing account holder and wish to switch to a Kasasa account, please submit a Contact Us form explaining your request.
Questions?- Summary
- 2.50% APY* on balances up to $20,000
- 0.40% APY* on amount of balance over $20,000
- 0.05% APY* if qualifications aren't met
- No monthly fees
- No minimum balance
- ATM fee refunds nationwide (up to $25 per qualification cycle)
- $50 deposit to open
- Free debit card
- Free online banking with bill pay
- Free online statements
- Direct deposit available
- Overdraft protection available
- FDIC insured
*APY = Annual Percentage Yield
Qualifications:
To qualify for the Kasasa Cash rate and ATM fee refunds nationwide, simply do the following each monthly qualification cycle:
- Have at least 12 Debit MasterCard® point of sale transactions post and clear
- Have at least 1 Direct Deposit or 1 ACH debit post and clear
- Retrieve monthly Online Statements via Online Banking (a valid email address is required)
Chances are you're doing most of these already! Qualifying couldn't be easier!
Plus, if for some reason you don't qualify in a given cycle, you still get free checking and earn our basic rate of interest. And you can always get the rewards back the next cycle.
Minimum to open account is $50. Annual Percentage Yield (APY) accurate as of 10/1/11. Rate tiers are as follows: 2.50% APY paid on balances of $.01- $20,000 and 0.40% APY paid on balances over $20,000 if qualifications are met during the monthly qualification cycle. 0.05% APY applies to all balances if monthly qualifications are not met. All balances will earn 2.50% APY-0.40% APY if monthly qualifications are met. Rates may change after the account is opened. Fees may reduce earnings. Qualifying transactions must post and clear the account during the monthly qualification cycle. Transactions may take one or more business days to post and clear an account after the date a transaction is made. ATM transactions do not count as qualifying transactions. Intra-bank transfers do not count as qualifying ACH transactions. Nationwide ATM fee refunds up to $25 provided only if qualifications are met within the monthly qualification cycle. Personal accounts only. Limit one account per household.
