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First Central Credit Union Kasasa RCA (2%APY, $10K) also offers Kasasa Saver

Monday, July 7, 2014 - 9:41 AMFirst Central Credit Union - Details
The credit union has a health rating of B+ on DA.

Qualification requirements for the RCA:
  Have at least 12 check card purchases post and settle
  Enroll and receive e-statement notice
  Be enrolled and log into online banking

While the low cap may not interest some people, notice that direct deposit does not appear to be a qualification requirement. 

Balances over $10,000 earn 0.25% dividend rate on the portion of the balance over $10,000.  If qualifications are not met on Kasasa Cash all balances earn 0.05% APY.

On Kasasa Saver:  If qualifications in Kasasa Cash are met each monthly qualification cycle, balances up to $10,000 in Kasasa Saver receive an APY of 0.35%; and balances over $10,000 in Kasasa Saver earn .025% dividend rate on portion of balance over $10,000. 

The minimum to open the accounts is $25 for Kasasa Cash and $5 for Kasasa Saver.

Membership eligibility is described here.  The credit union offers a way to join through an association which expands the opportunity to qualify for membership.
pearlbrownpearlbrown1,436 posts since
Nov 2, 2010
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