American Pride Bank Offers Top Rate Kasasa Checking To Georgia Residents



Residents of Georgia

American Pride Bank’s (GA) is offering a Kasasa Cash account that earns 3.00% APY on qualifying balances up to $10K, with qualifying balances over $10K earning 0.05% APY. Non-qualifying balances earn 0.05% APY.

As stated on American Pride Bank’s personal checking page, the qualifying requirements for the Kasasa Cash account are as follows:

  • Have at least 12 debit card purchases post and settle.
  • Have at least one direct deposit or automatic payment post and settle.
  • Be enrolled and receive eStatement.
  • Be enrolled and log into Online Banking.

The minimum opening deposit is $50, with a limit of one account per Social Security Number. Domestic ATM fees will be reimbursed up to $25 per qualification cycle; ATM receipts must be presented for reimbursement on fees of $5 or above.

Many thanks to the DA member who emailed me the information about this deal!


Headquartered in Macon, American Pride Bank offers its services and product to all legal residents of Georgia. U.S. citizens, 18 years and older, may apply for a Kasasa Cash account online, while minors, resident aliens and non-resident aliens should contact American Pride Bank to apply. A Kasasa Cash account can also be opened at any of three branches located in Macon (2) and Warner Robins.

(The online application is time sensitive, so I have not included a direct link.)

Bank Overview

American Pride Bank has an overall health rating of "A" at, with a Texas Ratio of 4.29% (excellent), as of September 30, 2014. American Pride Bank has an excellent capitalization level of 22.97%, a result of holding assets of $117.64 Million, with $22.97 Million in equity. Please refer to our financial overview of American Pride Bank for more details.

American Pride Bank (FDIC Certificate # 58584) is a young bank, having just celebrated its 7th anniversary. 22 local individuals (from private industry and government) worked together to open a community based financial institution. In its seven years of existence, American Pride Bank has grown quickly to having assets in excess of $117 Million.

The amount of capital we have achieved has allowed us to become a very strong bank and that allows us to undertake opportunities for loans and other banking products and services that less capitalized banks may not be able to undertake.

How the Kasasa Cash Account Compares

When compared to other reward checking accounts tracked by, with maximum balance caps of $10K and available to Georgia residents, American Pride Bank’s Kasasa Cash ranks second:

The above rates are accurate as of 1/11/2015.

To find the best rates on liquid accounts in your state or that are nationally available, please refer to our high yield checking account rate table and personal checking account rate table. When using the table, make sure the Deposit Amount selected in the "Customize Your Search" section matches the balance cap in which you’re interested.

kiwi   |     |   Comment #1
04/08/2015  You have to open the account in person. I live 4 hours roundtrip away. They will not send the application for me to take to another bank to verify my identity. They cite the Patriot Act and they do not offer an alternative. Online applications should be available in a few months. 
2.29% 6-Month CD at American Pride Bank in Georgia - Local Only

American Pride Bank is offering a hot 6-month CD special with a 2.29% APY. Minimum deposit is $500. This is listed as the bank's featured product on the front page of the website as of 2/23/2010.

It appears that a branch visit is required to open an account. Branches are located in Macon and Warner Robins, Georgia.

With Georgia being the state with the most bank failures over the last couple of years, it's wise to be a little suspicious of Georgia banks offering high deposit rates. However, American Pride Bank appears...

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