First Community Credit Union (ND) Has Competitive Rewards Checking


Deal Summary: Kasasa Cash, 2.50% APY, on qualifying balances up to $25k. Kasasa Saver, 0.25% APY, on qualifying balances up to $25k.

Availability: Eastern North Dakota and portions of Kittson County, Minnesota.

First Community Credit Union (FCCU) began offering Kasasa brand products about eight years ago. The Kasasa Cash account’s initial 2.50% APY on qualifying balances up to $25k is still in effect. Qualifying balances greater than $25k earn 0.15% APY, with non-qualifying balances earning 0.02% APY.

2.50*%-$25kFirst Community Credit Union (ND)Kasasa Cash
OTHER TIERS: 0.15% $25k+
Rates as of December 10, 2023.

The monthly qualification requirements are easily met and do not include a direct deposit or ACH transaction.

  • At least 12 debit card transactions
  • Be enrolled in and agree to receive e-Statements
  • Be enrolled in and log into online banking

The Kasasa Cash checking account has no minimum balance requirement, no monthly service fee, and no minimum opening deposit requirement. Nationwide ATM fees will be reimbursed up to $25 per month (maximum $4.99 per single transaction), if qualifying requirements are met. Unlimited checking writing is available and a free debit card will be issued following account opening. There is a limit of one account per Social Security number and a Kasasa Cash account may not be used as a commercial account. A Kasasa Cash is required to have a linked Kasasa Saver account.

Kasasa Saver Account

FCCU also offers a Kasasa Saver account, as a companion account to Kasasa Cash and Kasasa Cash Back accounts. Earned rewards automatically sweep to this account each month. The Kasasa Saver account currently earns 0.25% APY on qualifying balances up to $25k; qualifying balances over $25k earn 0.15% APY, with non-qualifying balances earning 0.02% APY.

0.25%-$25kFirst Community Credit Union (ND)Kasasa Saver
Rates as of December 10, 2023.

Like the Kasasa Cash account, the Kasasa Saver has no monthly service charge, minimum balance requirement, or minimum opening deposit. There is a limit of one Kasasa Saver account per Social Security number and a Kasasa Saver account may not be used for commercial purposes.

Annual Earnings of Combined Kasasa Cash Checking/Kasasa Saver Accounts

The potential combined annual earnings of a Kasasa Cash Checking account (2.50% APY/$25k) and a Kasasa Saver account (0.25% APY/$25k) is approximately $685 (1.37% APY/$50k).

Kasasa Cash Back

FCCU’s Kasasa Cash Back account earns 3.00% cash back on up to $250 in monthly debit card purchases. If you are planning on maintaining a balance of less than $3,600, the Kasasa Cash Back account would probably be a better deal than the Kasasa Cash checking account, as the maximum annual earnings for the Kasasa Cash Back account is $90 ($7.50 per month).

The Kasasa Brand

For those not familiar with the Kasasa brand, Kasasa Cash is a type of Reward Checking Account (RCA) developed by the Texas company, Kasasa, Ltd. According to the Kasasa website,

Kasasa: the free checking account that rewards each month for doing things you already do.

By performing certain actions valuable to your bank or credit union, like using your debit card or online banking, your institution makes more money, which they share with you in the form of rewards.

In case you were wondering, “Kasasa” is just a made-up word.

In a world where real-life people are too often taken for granted as account numbers,
we didn’t want to be the next [INSERT GENERIC NAME] checking account.


Headquartered in Jamestown, North Dakota, First Community Credit Union’s field of membership is community-based, with individuals who live in any of the following areas qualifying for membership.

  • Within a 75-mile radius of Jamestown, Devils Lake, or Portland, North Dakota.
  • Within a 50-mile radius of Valley City, Oakes, Napoleon, Steele, Bismarck, Wahpeton, or Wishek, North Dakota.
  • Within a 40-mile radius of Bisbee or Larimore, North Dakota.
  • Marshall County, Minnesota
  • The portion of Kittson County, Minnesota that falls within a 75-mile radius of 2315 North Acres Drive, Crookston, Minnesota.

Immediate family members of an existing FCCU member are also eligible to join, no matter where they live.

Joining FCCU and/or opening a Kasasa brand product can be done online, or at any of 25 North Dakota branches located in Bisbee, Bismarck (2), Devils Lake, Fargo (3), Fort Totten, Grand Forks, Hankinson, Jamestown (3), Lakato, Larimore, Minor, Napoleon, Northwood, Oakes, Portland, St. John, Steele, Valley City, Wahpeton, and Wishek. There are also three Minnesota branches located in Climax, Crookston, and East Grand Forks.

Establishing a FCCU membership requires a minimum $5 deposit in a Share Savings account.

FCCU is a member of the CO-OP Shared Branch network and the surcharge-free ATM network.

Credit Union Overview

First Community Credit Union has an overall health grade of "A+" at, with a Texas Ratio of 4.09% (excellent) based on March 31, 2021 data. In the past year, FCCU has increased its total non-brokered deposits by $151.86 million, an excellent annual growth rate of 21.01%. Please refer to our financial overview of First Community Credit Union (NCUA Charter # 60103) for more details.

Established in 1939, First Community Credit Union is the largest credit union in North Dakota, with more than 45,000 members and assets in excess of $1 billion. According to FCCU’s “About Us” page,

FCCU was recently named Community Credit Union of the year by Credit Union National Association. It's a national award and we're honored to tell you we won it for our service to our members, our community, and because of our strong financial condition.

How the Kasasa Cash Compares

When compared to the High Yield Rewards Checking Accounts tracked by that are available within the FOM and have maximum qualifying balances of at least $25k, First Community Credit Union’s Kansas Cash APY currently ranks first.

The above information and rates are accurate as of 8/16/2021.

To search for the best Reward Checking Account rates, both nationwide and state specific, please refer to our High Yield Reward Checking Account Rates Table page.

Related Pages: Minot checking accounts, Fargo checking accounts, reward checking accounts

High-Yield Reward Checking Account at a Missouri CU (First Community)

Update 8/31/10: The top rate has fallen to 2.51% APY. Refer to the bottom of the post for the rate history.

First Community Credit Union has a reward checking account called First Rate Checking that pays 2.51% APY on balances up to $25,000 (0.35% for above) and refunds ATM fees (up to $25 per cycle) if the following monthly requirements are met:

  • 12 debit card point of sale transactions
  • one direct deposit or ACH debit/credit
  • receive eStatements and maintain a valid email address

If these are not met, the rate falls to 0.25%. The minimum...

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The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.