We have a savings plan that will help your money grow! Open An Account
| Benefits | KASASA Saver | Statement Savings | Health Savings | Christmas Club |
Blue Chip Money Market |
|---|---|---|---|---|---|
| Interest | 0.25% APY Interest* for balances up to $100,000 monthly |
Variable interest compounded daily |
Variable interest compounded monthly |
Tiered Variable Interest rate depending on balance compounded monthly | |
| Free Online Banking & Mobile Apps | X | X | X | X | X |
| Opening Deposit | $25 | $100 | $50 | *$10 | $10,000 |
| Free Debit Mastercard | X | X | X | X | X |
| Statements | Monthly | Quarterly | Monthly | None | Monthly |
| Minimum Balance | None | $100 | None | None | $10,000 |
| Service Fee | None | None if balance > $100 or $5 if balance falls below $100 |
None | None | None if balance > $10,000 or $10 if balance falls below $10,000 |
| Withdrawal Limit | 6 per month ($4 fee for each additional) |
6 per statement cycle ($4 fee for each additional) |
Unlimited | Penalty for early withdrawal | 6 per month ($8 fee for each additional) |
| Check Images | No | No | Yes, returned | No | Yes, returned |
| Requirements/Important Information | * We may change the interest rate and Annual Percentage Yield (APY) at any time. Rates are effective as of July 16, 2020. - Kasasa Checking Account required - Must meet Kasasa Checking account qualifications to earn interest. Balances over $100,000 are paid APY of 0.05 %. When qualifications are not met APY of 0.01% is earned on entire balance. - Can be tied to multiple accounts/individuals - Under Federal regulation, transfers from this account to another account or to third parties by reauthorized, automatic, or telephone transfers are limited to six per month. - Fees may reduce earnings |
- Balance must stay above $100 to avoid fee (fee waived for minors) - Under Federal regulation, transfers from this account to another account or to third parties by reauthorized, automatic, or telephone transfers are limited to six per quarter. - Fees may reduce earnings |
- Medicare enrollees are not eligible - Individuals who are over 55 and not enrolled in Medicare may make catch-up contributions to their HSA account. - Withdrawals may be tax-free if they are used for qualifying medical expenses. |
- 50 Week Automatic Savings Plan with a bonus if balance requirement is met at the end of the 50 week period. - $10 drafted weekly from a FB&T checking account (see chart in view more) - Accounts must be opened by Feb 1 each year. |
- Balance must stay above $10,000 to avoid fee - Under Federal regulation, transfers from this account to another account or to third parties by preauthorized, automatic, or telephone transfers are limited to six per month. - Fees may reduce earnings |
| Open Now | Open Now | Open Now | Open Now |
