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 whopping 3.50% APY* through Kasasa Cash, you can also earn 1.50% APY* too.

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

Summary
  • 1.50% APY* on balances up to $50,000
  • 0.50% APY* on portion of balance over $50,000
  • 0.05% APY* if qualifications aren't met
  • No monthly fee
  • No minimum balance
  • Free Online Banking
  • Free eStatements
  • Free Telephone Banking
  • Direct deposit available
  • FDIC insured
  • $50 to open

*APY= Annual Percentage Yield

Qualifications

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

  • Make 10 check card transactions each month
  • Set up 1 recurring direct deposit or ACH auto debit
  • Sign up for and receive eStatements
  • Access Online Banking each month

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

More Information

Annual Percentage Yield (APY) accurate as of 9/30/09 . Minimum to open account is $50.00. Rate tiers are as follows: 1.50% APY paid on balances of $.01 - $50,000 and 0.50% APY paid on balances over $50,000 as long as all qualifications are met each statement cycle. All balances will earn as long as all qualifications are met. 0.05% APY will be earned on all balances, if qualifications are not met. Rates may change after the account is opened. Fees may reduce earnings. *Debit card transactions must be posted to your account within the interest cycle to qualify. ATM transactions do not qualify. A direct deposit or electronic payment must be recurring, third-party initiated and posted to your account within the interest cycle to qualify. Other bank ATM fees will be calculated to the best of the bank's knowledge based on the incoming data received from the bank's EFT processor for fee refunds.