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APY = Annual Percentage Yield. Fees may reduce earnings. Rates on products requiring pledged securities may differ from standard rates.

Effective Date: August 30, 2019

Kasasa Cash* Learn More

Balance Minimum Required Opening Deposit Rate APY
$0 - $19,999 $100 2.2271% 2.25%
$20,000+ $100 0.4989% 2.25% to 0.79%
All balances if qualifications not met $100 0.05% 0.05%

Qualifications

It's so easy to qualify — you're probably already doing it! To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each Monthly Qualification Cycle: 

  • Have at least 12 debit card purchases post and settle
  • Have at least 1 automatic payment (ACH) or direct deposit post and settle
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking

That's it. If you don't qualify, there's still no monthly service fee and you still earn interest at the base rate. Plus you can get back to earning your full rewards the very next Monthly Qualification Cycle! Rates may change after account opening.

Kasasa Saver* Learn More

Balance Interest Rate APY
0 - $29,999 1.00% 1.00%
$30,000+ 0.50% 1.00 – 0.62%
Qualifications not met 0.05% 0.10%

Qualifications

Qualifying for your Kasasa Cash® rewards automatically qualifies you for the highest Kasasa Saver® rate, too. To earn your rewards just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:

  • Have at least 12 debit card purchases post and settle
  • Have at least 1 automatic payment (ACH) or direct deposit post and settle
  • Be enrolled in and agree to receive eStatements
  • Be enrolled in and log into online banking

That’s all. Even if you don’t meet your qualifications during a cycle, your Kasasa Cash and Kasasa Saver accounts are still free. Plus, you’ll earn our base interest rate on both accounts. And you can get right back to earning your full rewards the very next month you qualify. Rates may change after account opening.

 

Certificates of Deposit Learn More

Term Minimum Balance to Open Minimum Balance to Obtain Yield Rate Annual Percentage Yield
15 MONTH SPECIAL 1,000.00 1,000.00 2.47 2.49
25 MONTH SPECIAL 1,000.00 1,000.00 2.67 2.69
55 MONTH SPECIAL BUMP UP 1,000.00 1,000.00 2.96 2.99

For all CD Specials, the minimum amount to open the account and obtain the Annual Percentage Yield is $1,000.  APY is accurate as of August 30, 2019. A penalty will be imposed for early withdrawal. Account fees may reduce earnings.

Variable Interest Rate Terms & Conditions for the Bump Up 55 Month CD Special-
After account opening, account holder may choose to increase the interest rate two times at their discretion during the initial term of the CD/IRA.  Option to increase the rate  requires account owner to contact a CFSB team member prior to the stated maturity date on the account and request their rate be increased as follows: Account holder may select the interest rate available on any other CFSB CD/IRA product being offered on the published rate sheet at the time the account holder chooses to increase the rate.  Advertised rates and APY's may change daily and are offered at CFSB's discretion.  After account holder chooses to increase the interest rate, the rate selected will be in effect until the second rate increase option is executed or until account maturity, whichever occurs first.  If the second rate increase option is executed, the rate selected at that time will remain in effect until account maturity.

For more information, please visit https://www.cfsbky.com/personal/personal-savings/certificates-of-deposit-cds.html or call us at 1.888.226.5669

Individual Retirement Accounts Learn More

Product Minimum Balance to Open Minimum to Obtain Yield Rate Annual Percentage Yield
12 MO IRA (VAR) (as of 8/30/19)*** 25.00 25.00 1.96 1.97
15 MONTH IRA SPECIAL 1,000.00 1,000.00 2.47 2.49
25 MONTH IRA SPECIAL 1,000.00 1,000.00 2.67 2.69
55 MONTH IRA SPECIAL- BUMP UP 1,000.00 1,000.00 2.96 2.99

*** Rates subject to change after account opening.

Penalty for early withdrawal

Variable Interest Rate Terms & Conditions for the Bump Up 55 Month IRA Special-
After account opening, account holder may choose to increase the interest rate two times at their discretion during the initial term of the CD/IRA.  Option to increase the rate  requires account owner to contact a CFSB team member prior to the stated maturity date on the account and request their rate be increased as follows: Account holder may select the interest rate available on any other CFSB CD/IRA product being offered on the published rate sheet at the time the account holder chooses to increase the rate.  Advertised rates and APY's may change daily and are offered at CFSB's discretion.  After account holder chooses to increase the interest rate, the rate selected will be in effect until the second rate increase option is executed or until account maturity, whichever occurs first.  If the second rate increase option is executed, the rate selected at that time will remain in effect until account maturity.