Kasasa Saver

Kasasa Saver

Make the most of your Kasasa Cash Checking Account earnings by pairing it with Kasasa Saver. Murphy-Wall is helping the citizens of Perry and Jackson Counties by putting their money to work earning a superior rate of return.

Here's how it works: we will automatically deposit the interest and ATM fee refunds* into this account where they can earn ANOTHER great rate. That means in addition to earning a massive 2.25% APY* through Kasasa Cash, you can also earn 1.00% APY* too.

Kasasa Saver and Kasasa Cash work together to make sure your money is working for you, not the other way around!

Summary
  • 1.00% APY* on balances up to $50,000 when qualifications are met
  • 0.50% APY* on portion of balance over $50,000 when qualifications are met
  • 0.05% APY* if qualifications aren't met
  • No monthly fee
  • No minimum balance to earn rewards
  • Free Online Banking
  • Free eStatements
  • Free Telephone Banking
  • Direct deposit available
  • FDIC insured
  • $50 to open

Qualifying for the Kasasa rate is simple—just meet the same simple qualifications you do for Kasasa Cash each monthly qualification cycle:

  • Have at least 10 debit card purchases post and clear
  • Have at least one automatic payment or direct deposit post and clear
  • Receive e‐statement
  • Access Online Banking each month

If you don't qualify, don't worry—your savings account is still free, with no minimum balance requirement to earn rewards, and earns our base rate of 0.05% APY*. And you can get the rewards back the very next monthly qualification cycle!

*Minimum to open account is $100 for Kasasa Cash and $50 for Kasasa Saver. Annual Percentage Yield (APY) accurate as of 2/1/11 Kasasa Cash rate tiers are as follows: 2.25% APY applies to balances of $0.01- $10,000 and 0.50% APY applies to balances over $10,000 if qualifications are met during monthly qualification cycle. 0.05% APY applies to all balances if qualifications are not met. All balances will earn 2.25% APY – 0.50% APY if qualifications are met. The advertised Kasasa Cash APY is based on compounding interest. The interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle and does not compound. The actual interest paid may be less than the advertised APY. The Kasasa Saver APYs may be less than the Kasasa Cash APYs. Kasasa Saver rate tiers are as follows: 1.00% APY applies to balances of $0.01 - $50,000 and 0.50% APY applies to balances over $50,000 if qualifications are met during monthly qualification cycle on Kasasa Cash. 0.05% APY applies to all balances if qualifications are not met on Kasasa Cash. All balances will earn 1.00% APY – 0.50% APY if qualifications are met on Kasasa Cash. Qualifying transactions must post and clear Kasasa Cash during monthly qualification cycle. Transactions may take one or more banking days from the date the transaction occurred to post to an account. Internal bank transfers do not count as qualifying transactions. Rates may change after account is opened. Fees may reduce earnings. ATM Fee refunds (Kasasa Cash account only) up to $25.00 provided only if qualifications are met within monthly qualification cycle.