Effective Date: March 22, 2017

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

Kasasa Cash* See Details

Balance Minimum Required Opening Deposit Rate APY
$0 - $20,000 $100 2.2271% 2.25%
$20,000+ $100 0.50% 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* See Details

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

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 See Details

TermMinimum Balance to OpenMinimum Balance to Obtain YieldRateAnnual Percentage Yield
182 DAYS 1,000.00 1,000.00 0.10 0.10
12 MONTH 1,000.00 1,000.00 0.20 0.20
12 MONTH 100,000.00 100,000.00 0.20 0.20
15 MONTH SPECIAL 1,000.00 1,000.00 1.05 1.05
15 MONTH SPECIAL 100,000.00 100,000.00 1.05 1.05
24 MONTH 1,000.00 1,000.00 0.30 0.30
24 MONTH 100,000.00 100,000.00 0.30 0.30
35 MONTH SPECIAL 1,000.00 1,000.00 1.85 1.86
35 MONTH SPECIAL 100,000.00 100,000.00 1.85 1.86
36 MONTH 1,000.00 1,000.00 0.60 0.60
36 MONTH 100,000.00 100,000.00 0.60 0.60
48 MONTH 1,000.00 1,000.00 0.95 0.95
48 MONTH 100,000.00 100,000.00 0.95 0.95
55 MONTH RISING RATE SPECIAL* 10,000.00 10,000.00 2.15 2.16
55 MONTH RISING RATE SPECIAL* 100,000.00 100,000.00 2.15 2.16
60 MONTH 1,000.00 1,000.00 1.41 1.41
60 MONTH 100,000.00 100,000.00 1.41 1.41

*Rate may change after account opening. 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. The minimum amount to open the account and obtain the *Annual Percentage Yield is $10,000. *APY is accurate as of December 14, 2016. A penalty will be imposed for early withdrawal. Account fees could affect account yield.  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

Penalty for early withdrawal

Individual Retirement Accounts See Details

ProductMinimum Balance to OpenMinimum to Obtain YieldRateAnnual Percentage Yield
182 DAY IRA 1,000.00 1,000.00 0.10 0.10
182 DAY IRA 100,000.00 100,000.00 0.10 0.10
12 MO IRA (VAR) (as of 3/1/2017)*** 25.00 25.00 0.83 0.83
15 MONTH IRA SPECIAL 1,000.00 1,000.00 1.05 1.05
15 MONTH IRA SPECIAL 100,000.00 100,000.00 1.05 1.05
24 MONTH IRA 1,000.00 1,000.00 0.30 0.30
24 MONTH IRA 100,000.00 100,000.00 0.30 0.30
35 MONTH IRA SPECIAL 1,000.00 1,000.00 1.85 1.86
35 MONTH IRA SPECIAL 100,000.00 100,000.00 1.85 1.86
36 MONTH IRA 1,000.00 1,000.00 0.60 0.60
36 MONTH IRA 100,000.00 100,000.00 0.60 0.60
48 MONTH IRA 1,000.00 1,000.00 0.95 0.95
48 MONTH IRA 100,000.00 100,000.00 0.95 0.95
55 MONTH IRA RR SPECIAL 10,000.00 10,000.00 2.15 2.16
55 MONTH IRA RR SPECIAL 100,000.00 100,000.00 2.15 2.16
60 MONTH IRA 1,000.00 1,000.00 1.41 1.41
60 MONTH IRA 100,000.00 100,000.00 1.41 1.41

*** Rates subject to change after account opening.

Penalty for early withdrawal