Integrity Bank & Trust Increases Kasasa Cash Balance Cap


Availability: Market area is El Paso County, Colorado.

Colorado-based Integrity Bank & Trust (Integrity B&T) has increased the qualification balance cap on its Kasasa Cash account, which now earns 2.02% APY on qualifying balances up to $25k. Qualifying balances over $25k earn 0.25% APY, with non-qualifying balances earning 0.05% APY.

The Kasasa Cash account was added to Integrity B&T’s product line in April 2015 earning the current 2.02% APY, but with a balance cap of only $10k. I wrote about its predecessor (Hi-Rewards Checking) in November 2009, when the account earned 2.84% APY up to $50k. At its rate apex in March 2008, the Hi-Rewards Checking earned an eye-catching 5.01% APY (up to $50k).

Kasasa Cash Qualifying Requirements

  • Have at least 10 debit card purchases.
  • Have at least one Direct Deposit or ACH.
  • Maintain a valid email address and enroll to receive eStatements.

The Kasasa Cash account has no minimum balance requirement or monthly service fees. It requires a minimum of $100 to open and there is a limit of one account per Social Security Number. Nationwide ATM fees will be reimbursed up to $25 ($4.99 per transaction) each monthly qualification cycle.


Headquartered in Monument, Integrity Bank & Trust offers its Kasasa Cash account to all U.S. citizens, 18 years or older, in Colorado.

The Kasasa Cash account can be opened online, or in person at any of three Colorado branches located in Colorado Springs (2) and Monument.

According to CSR, even though the Kasasa Cash can be opened by out-of-area individuals, an in-branch visit is required complete the transaction.

Bank Overview

Integrity Bank & Trust (FDIC Certificate # 57587) has an overall health grade of "B" at, with a Texas ratio of 29.73% (average) based on March 31, 2016 data. In the past year, Integrity B&T has increased its total deposits by $18.42 million, excellent annual growth rate of 14.12%. Please refer to our financial overview of Integrity Bank & Trust for more details.

Integrity Bank & Trust is a local, employee-owned financial institution that was established in 2003. The Bank is highly active in the community, supporting a variety of local non-profit organizations including The Resource Exchange, the Colorado Alzheimer’s Association, and the Rocky Mountain Leadership Conference.

How the Kasasa Cash Compares

When compared to the 19 High Yield Reward Checking Accounts tracked by, which are available to residents in the greater Colorado Springs area and have maximum qualifying balances of at least $25k, Integrity Bank and Trust’s Kasasa Cash APY currently ranks second.

The above rates are accurate as of 6/29/2016.

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

  |     |   Comment #1
I just spoke with a CSR and was told you have to come into the branch with you paperwork to open the account, so be careful.  I asked her to double check and call me back with clarification, but as of now, no call back.  If anyone has success opening and funding online, please post.  UPDATE - I called back and got someone at another branch.  They said you COULD open and fund online after you get all of your identification verified.  Both CSR's sounded a little unsure.  I will proceed cautiously, and post if I have any problems.  It sure isn't easy these days!
  |     |   Comment #2
I live in the area and bank here. This is a very small bank. Even if some people get the account opened remotely, the bank is not staffed to handle a nationwide onslaught of applications and will almost certainly reconsider the decision.
  |     |   Comment #3
Indeed.  After my last post, the original CSR called me back to say she checked with the supervisor, and they would not be able to open the account unless I came into one of their 3 branches in person.   
2.84% Reward Checking Account at a Colorado Bank (Integrity Bank & Trust)
Update 11/22/09: The yield has fallen to 2.84% APY. Refer to the bottom of the post for the rate history.

Integrity Bank & Trust is offering a reward checking account that pays 2.84% APY on balances up to $50,000 (0.75% for above) and refunds ATM fees (up to $25 per month) if the following monthly requirements are met: 1) 10 debit card purchases, 2) one direct deposit or ACH auto debit, and 3) receive electronic statements. If these are not met, the rate falls to 0.20%. There are no monthly fees...

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