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Preferred Rate
2.51% APY *
paid on the portion of the balance up to $15,000 if qualifications are met
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Above Cap Rate
0.50% APY *
paid on the portion of the balance above $15,000 if qualifications are met
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Base Rate
0.05% APY *
paid on entire balance if qualifications not met
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ATM Fee Refunds
Reimburses up to $25 in ATM fees per cycle on transaction fees under $5, if qualifications are met
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Kasasa Saver (Optional)
Preferred Rate
1.51% APY *
paid on the portion of the balance up to $25,000 if qualifications are met
Above Cap Rate
0.50% APY *
paid on the portion of the balance above $25,000 if qualifications are met
Base Rate
0.05% APY *
paid on entire balance if qualifications not met
Kasasa Cash from
Kasasa Cash® is a free, high interest checking account with no minimum balance requirement and no monthly service fee. You choose the amount you keep in your account and we won't charge you for keeping it there (unlike some megabanks we could mention). Instead, we have a better idea.
This account makes everyone's life more convenient. By using your debit card more often and managing most basic banking tasks online each monthly qualification cycle, you get more control over your account while helping us keep costs down.
Your estimated annual return: calculateRewards
If you meet the qualification requirements, you get:
- 2.51% APY* paid on the portion of the balance up to $15,000
- 0.50% APY* paid on the portion of the balance above $15,000
- Reimbursed up to $25 in ATM fees per cycle on transaction fees under $5
Qualifications
Just do the following each qualification cycle:
- Have at least 12 debit card purchases post and clear (ATM usage does not count toward the 12 purchases)
- Have 1 Automatic Payment or Direct Deposit post and clear
- Receive your account statement electronically
Other Account Benefits
- Free checking
- No minimum balance to earn the rewards
- Free Debit Card
- Free online banking
- Free online bill pay
- Free Monthly E-Statements
- Free Personalized Checks (limited to Kasasa design)
Add a SAVER account to Earn and Save More
Take your Kasasa Cash benefits to a whole new level. Kasasa Saver® is a free, high-interest saver account you can link to Kasasa Cash. Here's how they work together: the massive interest and ATM fee refunds from Kasasa Cash are automatically deposited into your Kasasa Saver account. Even better, your Kasasa Saver balance earns high interest; so you can sit back, relax and watch your savings grow.
SAVER Rewards
If you meet the qualification requirements, you get:
- 1.51% APY* paid on the portion of the balance up to $25,000
- 0.50% APY* paid on the portion of the balance above $25,000
SAVER Qualifications
Just do the following each qualification cycle:
- Meet all Kasasa Cash qualifications
About Pioneer Bank
For over 100 years, Pioneer Bank has provided the best in traditional banking services while introducing innovative products to help in today's fast moving world. Six locations, enhanced internet banking and bill pay, online account opening, commercial bank cash management, and an extensive no fee ATM network are just some of the conveniences you enjoy as a Pioneer Bank customer.
Pioneer Bank's Kasasa Cash, Kasasa Saver and Kasasa Tunes accounts are the newest addition to a line of financial products that can meet every consumer's banking needs.
Pioneer Bank's mission is to be the leading financial institution in the communities we serve. We will profitably deliver superior customer service that meets the financial needs of these communities through employees who are motivated, dedicated, reflect a unity of vision and are committed to the pursuit of excellence.
We are committed to delivering superior customer service through motivated employees who share that commitment to excellence. By partnering with you, our goal of economic and community development throughout our competitive territory will be realized. Our financial strength, experience and commitment to you are put into practice everyday through innovative ideas and old fashioned service.
We appreciate your business and value our relationship. We trust that you will enjoy the experience!
For more information call Pioneer Bank at 507-345-7069.
*APY=Annual Percentage Yield. Minimum to open account is $1 for Kasasa Cash and $50 for Kasasa Saver. Annual Percentage Yield (APY) accurate as of 01/12/2012. Kasasa Cash rate tiers are as follows: 2.51% APY applies to balances of $0.01 - $15,000 and 0.50% APY applies to balances over $15,000 if qualifications are met each monthly qualification cycle. 0.05% APY applies to all balances if monthly qualifications are not met. All balances will earn 0.50% APY – 2.51% APY if monthly 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: 1.51% APY applies to balances of $0.01 - $25,000 and 0.50% APY applies to balances over $25,000 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 0.50% APY – 1.51% APY if qualifications are met on Kasasa Cash. Qualifying transactions must post and clear Kasasa Cash during monthly qualification cycle. Each qualification cycle ends one day prior to the end of your statement cycle. Transactions may take one or more banking days from transaction date to post to and clear an account. Intra-bank transfers do not count as qualifying ACH transactions. ATM withdrawals do not count towards qualifying debit card transactions. Rates may change after account is opened. Fees may reduce earnings. ATM Fee refunds (Kasasa Cash account only) up to $5 per transaction and $25 per statement cycle provided only if qualifications are met within monthly qualification cycle. The interest and ATM Fee refunds from the Kasasa Cash account transfer to the Kasasa Saver account whether the qualifications are met or not.
