- Tax-advantaged retirement savings*
- Competitive interest above standard savings rates
- Traditional and Roth IRA options
- No setup fees
- No monthly or annual maintenance fees
- $7,000 contribution limit per year
- Additional $1,000 “catch-up” contribution allowed for ages 50+
- Funds can be used to purchase CDs within IRA
- $1,000 minimum deposit to open
*Consult a tax advisor.
There are advantages to both traditional and Roth IRAs. 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 tax*
- Earnings are tax deferred until withdrawal (when usually in lower tax bracket)
- Withdrawals can begin at age 59 1/2
- Early withdrawals subject to penalty**
- Mandatory withdrawals at age 70 1/2
Roth IRA
- Income limits to be eligible to open Roth IRA***
- Contributions are NOT tax deductible
- Earnings are 100% tax free at withdrawal*
- Principal contributions can be withdrawn without penalty*
- Withdrawals on interest can begin at age 59 1/2
- Early withdrawals on interest subject to penalty**
- No mandatory distribution age
- No age limit on making contributions as long as you have earned income
*Subject to some minimal conditions. Consult a tax advisor.
**Certain exceptions apply, such as healthcare, purchasing first home, etc.
***Consult a tax advisor.
If you're changing employers, an IRA Rollover makes sense. If you are retiring or changing jobs and anticipate withdrawing money from your employer's retirement plan, you can avoid withdrawal penalties by transferring your assets into an IRA or another qualified plan. You can ask your employer to arrange for a "direct rollover" of your money into a new IRA account with us, or you can do it yourself with an IRA-to-IRA rollover.
You must complete the rollover within 60 days from the date you receive the assets from your old IRA in order to qualify and not pay the mandatory 20% withholding and possibly other penalties as well. Effective January 1, 2015 you may make only one non-taxable IRA to IRA rollover every 12 months, regardless of the number of IRAs you have. For more information about IRA Rollovers or opening a new IRA, come visit a local branch.
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
CDs
Rates are effective as of: {{ dynamic-date }}
Term | APY | Interest Rate |
---|---|---|
90 Day CD | 3.25% | 3.21% |
180 Day CD/IRA | 3.85% | 3.80% |
12 Month CD/IRA | 3.40% | 3.36% |
18 Month CD/IRA | 3.35% | 3.31% |
2 Year CD/IRA | 3.00% | 2.97% |
3 Year CD/IRA | 3.00% | 2.97% |
4 Year CD/IRA | 3.00% | 2.97% |
5 Year CD/IRA | 3.00% | 2.97% |
IRA Savings | 0.20% | 0.20% |
18 Month Variable IRA | 3.35% | 3.31% |
- 1,000 minimum opening balance is required for all Time Deposits.
- A penalty applies for early withdrawal.
Kasasa Cash Checking*
Balance | APY | Interest Rate |
---|---|---|
$.01 - $15,000.99 | 4.00% | 3.93% |
$15,001+ | 4.00% - 0.05% | 0.05% |
$.01 or more if qualifications are not met | 0.01% | 0.01% |
*To qualify for a Kasasa Cash® checking account and earn a higher interest rate, you need to ensure the following conditions are met during each Monthly Qualification Cycle:
- Have at least one direct deposit, ACH credit, or ACH payment transaction post and settle in account.
- Make at least 12 debit card purchases which post and settle in your account.
- Be enrolled in and agree to receive eStatements
When you meet the above qualification during a statement cycle:
- Your Domestic ATM fees incurred during the cycle will be reimbursed up to $9.99 per transaction and credited to your account on the last day of the monthly statement cycle.
If you don’t meet these qualifications, don’t worry,
- You will still earn the base rate of .01% for that statement cycle and you can start earning full rewards again in the next statement cycle once you qualify.
*Interest rates may change after the account is opened. The minimum opening balance is $100. Transactions may take one or more banking days from the date the transaction was made to post and to settle in account. The following transactions do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, and debit card purchases processed by merchants and received by the bank as ATM transactions. "Monthly Qualification Cycle" means a period beginning one day prior to the first day of the current statement cycle through one day prior to the close of the current statement cycle. Accounts are limited to one Kasasa® checking account per social security number. ATM receipt must be presented for reimbursement of $9.99 for individual ATM fees of $10.00 or higher. Account approval is subject to review and is not guaranteed.
Kasasa Saver*
Minimum Balance To Obtain APY | Minimum Deposit To Open | APY | Interest Rate |
---|---|---|---|
$.01 - $50,000.99 | $100 | 0.50% | 0.49% |
$50,001 or more | $100 | 0.50% - 0.05% | 0.05% |
$.01 or more if qualifications are not met | $100 | 0.01% | 0.01% |
Qualifying for your Kasasa Cash or Kasasa 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 Kasasa Cash Back account during each Monthly Qualification Cycle:
- At least 1 direct deposit or ACH payment transaction
- At least 12 debit card purchases
- Be enrolled in and agree to receive eStatements
And if you don’t meet these qualifications, don’t worry! You’ll still earn our base rate on Kasasa Saver. And you can get right back to earning your full rewards the very next cycle that you qualify.
Rates may change after account opened.
Money Market and Savings
- Advantage Money Market - Rates are as of February 10, 2025.
Tier | Daily Balance Range | Interest Rate | Annual Percentage Yield (APY) |
---|---|---|---|
1 | Below $50,000 | 0.250% | 0.25% |
2 | Equal to or greater than $50,000.00 but less than $100,000 | 0.349% | 0.35% |
3 | Equal to or greater than $100,000.00 but less than $250,000 | 0.399% | 0.40% |
4 | Equal to or greater than $250,000.00 but less than $500,000 | 0.499% | 0.50% |
5 | Equal to or greater than $500,000.00 but less than $1,000,000 | 0.549% | 0.55% |
6 | Equal to or greater than $1,000,000 | 0.598% | 0.60% |
- Rates may change after account opened.
- Minimum balance to open is $100
- Maintenance fee of $15 if balance falls below $5,000 on any one day of the statement cycle
- Fees may reduce earnings
Regular Savings Account
TBD