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What's in a name? It turns out, a lot! Because this free, high-interest checking account earns more than CDs. Yep ... from a checking account.

Meet some easy qualifications each month and earn up to 1.01% APY* plus unlimited ATM fee refunds*... not just in Robinson or Vincennes, but nationwide! So sign up for Kasasa Cash® — funny name, smart money.

Financial Calculators Rates

Easy Qualifications

If you're thinking "what's the catch?" you're gonna love this. We've designed qualifications to make your life easier and help save the environment. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash® account during each Monthly Qualification Cycle:

  • At least 10 debit card purchases post and settle
  • At least 1 direct deposit, ACH payment, or bill pay transaction post and settle
  • Be enrolled in and agree to receive eStatements

Odds are, you're already doing these things. Even if you don't qualify, Kasasa Cash is still free and earns our base rate of interest. You can get back to earning the full rewards the very next month.

"Subject to Account Approval" *APY=Annual Percentage Yield. Annual Percentage Yield (APY) accurate as of 3/24/2020. Minimum to open Kasasa Cash is $100. Minimum to open Kasasa Saver is $1. Kasasa Cash rate tiers are as follows: 1.01% APY applies to balances of $0.01 to $15,000 and 0.15% APY applies to balances over $15,000 if qualifications are met each qualification cycle. 0.03% APY applies to all balances if qualifications are not met. All balances will earn 1.01% APY to 0.15% APY if qualifications are met each qualification cycle. Kasasa Saver rate tiers are as follows: 0.50% APY applies to balances of $0.01 to $15,000 and 0.15% APY applies to balances over $15,000 if qualifications are met each qualification cycle on Kasasa Cash. 0.03% APY applies to all balances if monthly qualifications are not met on Kasasa Cash. All balances will earn 0.50% APY to 0.15% APY if monthly qualifications are met in each qualification cycle on Kasasa Cash. The advertised Kasasa Cash APY is based on compounding interest. The interest earned in Kasasa Cash is automatically transferred to Kasasa Saver in the next statement cycle and does not compound. The actual interest paid may be less than the advertised APY. The Kasasa Saver APY may be less than the Kasasa Cash APY. Interest Rates and annual percentage yields (APY's) may change after account is opened. Qualifying transactions must post and settle Kasasa Cash during the monthly qualification cycle. Transactions may take one or more banking days from the transaction date to post to an account. ATM-processed transactions do not count towards qualifying debit card transactions. Intra–bank transfers do not count as qualifying transactions. ATM Fee reimbursements (Kasasa Cash account only) provided only if qualifications are met within the monthly qualification cycle. If a single fee is greater than $4.99 a receipt is required. International ATM fees are not refunded. Available on personal accounts only. Accounts available to residents of our primary market areas of Crawford County Illinois, Knox County Indiana and their adjoining counties. Limit of 1 account per social security number.

Qualification Information:

To qualify for “Kasasa Cash” rates and receive reimbursements on your ATM fee surcharges, you must perform the following during the monthly qualification cycle: 

  • Have at least 10 debit card purchases post and settle
  • Have at least one direct deposit or ACH auto debit or 1 bill pay transaction post and settle
  • Be enrolled in and agree to receive eStatements
  • Maintain a valid email address on record with our bank

Please note that transactions MUST post and settle your account during the monthly qualification cycle. They may not be in a pending state to qualify as one of the qualifications. Transactions may take one or more banking days from the date the transaction was made to post and settle an account.

"Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. See our website at https://www.frsb.net or contact one of our customer service representatives for specific Monthly Qualification Cycle and Statement Cycle dates.