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Kasasa Cash

1.71% 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 1.71% 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.

  • 1.71% APY* on balances up to $15,000
  • 0.05% APY* if qualifications aren't met
  • No monthly fees
  • No minimum balance
  • ATM fee refunds nationwide (up to $15 per qualification cycle)**
  • $50 deposit to open
  • Free debit card
  • Free online banking/Mobile banking
  • Free online statements
  • Online image access
  • Overdraft protection available
  • FDIC insured

*APY = Annual Percentage Yield

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 purchases post and settle
Have at least 1 Direct Deposit or automatic payment (ACH) debit post and settle
Be enrolled and review 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 still qualify for the rewards during the next cycle

KASASA CASH: *APY= Annual Percentage Yield. APYs accurate as of 09/1/2016. Rates may change after the account is opened. Minimum to open a Kasasa Cash account is $50. If qualifications are met each monthly qualification cycle: (1) **Nationwide ATM fees incurred during the qualification cycle will be reimbursed up to $15 and deposited to the account on the last business day each month; (2) balances up to $15,000 receive an APY of 1.71%; and (3) balances over $15,000 receive an interest rate of 0.12% on the portion of the balance above $15,000 resulting in APYs ranging from 1.71% to 0.47% depending on the balance (assuming a maximum account balance of $100,000). If qualifications are not met, the APY will be 0.05% on all balances. Qualifying transactions must post and settle to the account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post and settle to an account. "Monthly Qualification Cycle" means the last business day of the month to one day prior to the last business day of the following month. The monthly qualification cycle is not the same as your monthly statement cycle. ATM-processed transactions do not count as qualifying transactions. Intra-bank transfers do not count as qualifying ACH transactions. Fees may reduce earnings. Personal accounts only. Limit one account per household.
If qualifications are not met during three consecutive monthly qualification cycles, this account may be converted to a Pure Checking account in the next monthly statement cycle immediately following the third consecutive non-qualifying cycle. Pure checking is a non-interest bearing account and nationwide ATM fee refunds will no longer be provided.


View our Kasasa Cash Qualification Cycle Calendar.