Country Bank (MA) Offers Nationally Available Kasasa Cash


Deal Summary: Kasasa Cash Checking, 2.00% APY up to $20k

Availability: Nationwide

About six months ago, Country Bank introduced its new Kasasa Cash Checking account that earns 2.00% APY on qualifying balances up to $20k. Qualifying balances over $20k earn 0.25% APY, with non-qualify balances earning 0.05% APY.

Kasasa Cash Checking Qualification Requirements

  • At least 12 debit card purchases.
  • At least one bill pay, or one automatic ACH transaction, or one Direct Deposit.
  • Be enrolled in and agree to receive eStatements.

The Kasasa Cash account has no minimum balance requirement or monthly service fee, but does require a $10 minimum opening deposit. Nationwide ATM fees will be reimbursed up to $25 monthly. There is a limit of one account per Social Security number.

Kasasa Saver

Country Bank also offers a Kasasa Saver account, which earns 1.00% APY on qualifying balances up to $100k. Qualifying balances over $100k earn 0.30% APY, with non-qualify balances earning 0.05% APY. Qualifying for your Kasasa Cash Checking rewards qualifies you for the Kasasa Saver reward rates. Like the Kasasa Cash account, the Kasasa Saver account has no minimum balance requirement or monthly service fee, and requires a $10 minimum opening deposit.


Headquartered in Ware, Massachusetts, Country Bank “welcomes all residents of the United States” to apply for a Kasasa Cash Checking account and/or a Kasasa Saver account.

Opening a Kasasa Cash Checking and a Kasasa Savings account can be done online or at any of the 15 central Massachusetts branches located in Belchertown, Brimfield, Charlton (2), Leicester, Ludlow, Palmer (2), Paxton, Ware (3), West Brookfield, Wilbraham, and Worcester.

Bank Overview

Country Bank has an overall health grade of "A" at, with a Texas ratio of 6.83% (excellent) based on September 30, 2016 data. In the past year, Country Bank has increased its total non-brokered deposits by $86.29 million, an excellent annual growth rate of 6.98%. Please refer to our financial overview of Country Bank (FDIC Certificate # 23992) for more details.

Established in 1850 as the Ware Savings Bank, Country Bank has been serving the residents of Worcester, Hampden, and Hampshire Counties for more than 165 years. With only two acquisitions (Palmer Savings Bank in 1981 and Leicester Savings Bank in 1998) and one name change (1981) in its long history, Country Bank is currently Massachusetts 27th largest bank with assets in excess of $1.4 billion.

How the Kasasa Cash Checking Compares

When compared to the 20 High Yield Reward Checking Accounts tracked by that are available nationwide and have maximum qualifying balances of at least $20k, Country Bank’s Kasasa Cash Checking APY currently ranks in the top five.

The above rates are accurate as of 2/7/2017.

To look for the best Reward Checking Account rates, both nationwide and state specific, please refer to our High Yield Reward Checking Account rates table or our Rates Map page.

Country Bank Offers Competitive 12-Month CD

UPDATE 3/25/2016: Country Bank has changed the availability of this 12-month CD.

Availability: Nationwide In-branch transaction at any of the 14 Massachusetts branch locations.

Massachusetts’ Country Bank for Savings (Country Bank) added a new 12-month True Advantage CD (1.36% APY) to its product line near the beginning of March.

The minimum deposit is $25k, with no balance cap. Existing Country Bank customers’ deposits must include at least $5k of new money.

A very helpful CSR pointed out that while CDs can be funded online through credit cards and/or...

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Competitive CD and IRA Rates at Country Bank for Savings in MA

With Massachusetts being in the news today due to the Senate election, I thought this would be a timely post. The Massachusetts bank, Country Bank for Savings has a few competitive CD rates which are available to those outside of the state. These include:

  • 1.60% APY 6 months
  • 2.00% APY 15 months
  • 2.25% APY 24 months

These rates are listed in the bank's rates page as of the morning of 1/19/2010. Minimum deposit is $500, and these are available in an IRA. They'll bump the rates 25 basis points if you maintain $1,000 monthly...

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