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Dividend Cap on Kasasa Cash Increased to $25,000!
Effective June 1, 2018, the cap to earn high dividends on a Kasasa Cash account was raised from $15,000 to $25,000. This means that you can earn 2.0% APY* on the first $25,000 in your account when monthly cycle requirements are met. Monthly cycle requirements are to conduct 12 debit card transactions per cycle, receive receive an eStatement and log in to online or mobile banking at least once during each cycle.
If you have funds earning less than 2.0% APY at other financial institutions, now is a great time to look at moving some into your Kasasa Cash account. If you have a Kasasa Saver account, the cap increased from $5,000 to $10,000 as well. Click here to learn more about Kasasa Saver.
Additionally, other dividend rates increased at TwinStar Credit Union on June 1, 2018. Consumer and Business Money Market and Certificate rates went up in all categories. For example, the 24 month certificate increased from .50% APY to .90% APY.