Neighborhood CU (TX) Doubles Kasasa Cash Balance Cap To $50k


Deal Summary: Kasasa Cash checking, 2.50% APY up to $50k.

Availability: Residents of 12 Texas counties; 100+ SEGs.

Neighborhood Credit Union (Neighborhood CU) recently doubled the maximum qualifying balance cap to $50k on its Kasasa Cash (2.50% APY). Qualifying balances of $50k+ earn 0.20% APY, with non-qualifying balances earning 0.01% APY.

The previous $25k balance cap had been in effect since early 2013, when it was raised from $15k. The 2.50% APY has remained unchanged throughout the life of the account.

1.25*%-$50kNeighborhood Credit UnionKasasa Cash
OTHER TIERS: 0.10% $50k+
Rates as of April 20, 2021.

Kasasa Cash Qualifying Requirements

  • Have at least 15 debit and/or credit transaction of $5 or more.
  • One Direct Deposit or Automatic Payment.
  • Be enrolled and 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. Unlimited domestic ATM fees incurred during a qualifying cycle will be reimbursed. According to the Credit Union’s website, Neighborhood CU is the only Dallas area credit union to offer a Kasasa Cash account.


Headquartered in Dallas, Texas, Neighborhood Credit Union’s field of membership (FOM) is primarily residency-based, with individuals who live or work in Dallas or Ellis Counties or the City of Arlington eligible to join.

In addition, individuals who live, work, worship, or attend school within a 10-mile radius of any of the Coppell, Grand Prairie, Highland Village, or Richardson branch locations also qualify for membership.

Residents of the following Texas counties, who join the American Consumer Council, are eligible for membership: Collin, Delta, Denton, Hunt, Johnson, Kaufman, Parker, Rockwall, Tarrant, and Wise.

Employees and retirees of more than 100 SEGs (including the Dallas or Arlington District of the United States Postal Service) qualify for membership.

Individuals who are “related to someone who fits any of the membership requirements” are membership eligible.

Joining Neighborhood CU and/or opening a Kasasa Cash account can be done online or at any of eleven full-service Texas branches located in Arlington, Coppell, Dallas (3), Duncanville, Grand Prairie, Lancaster, Mesquite, Richardson, and Waxahachie.

Credit Union Overview

Neighborhood Credit Union has an overall health grade of "A" at, with a Texas ratio of 3.93% (excellent) based on December 31, 2016 data. In the past year, Neighborhood CU has increased its total non-brokered deposits by $173.78 million, an excellent annual growth rate of 50.01%. Please refer to our financial overview of Neighborhood Credit Union (NCUA Charter # 67681) for more details.

Established in 1930 as the Dallas Postal Credit Union, Neighborhood Credit Union is the oldest credit union in the Dallas-Fort Worth Metroplex. By 2001, the diverse and expanded FOM necessitated a rebrand, with the result being Neighborhood Credit Union. With more than 48,200 members and assets in excess of $596 million, Neighborhood Credit Union is currently the 39th largest credit union in Texas.

How the Kasasa Cash Compares

There are only three Reward Checking Accounts (RCA) available within the FOM that have maximum qualifying balances of at least $50k, which makes an accurate comparison a bit wonky. Therefore, when compared to the 65 High Yield RCAs tracked by that are available within the FOM and have maximum qualifying balances of at least $25k, Neighborhood Credit Union’s Kasasa Cash APY currently ranks first.

The above rates are accurate as of 3/22/2017.

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


Neighborhood CU (TX) Offers 17-Month Online Add-On CD

Deal Summary: 17-month Online Savings CD, 1.60% APY, $1.5k minimum, additional deposits allowed.

Availability: Residents of 12 Texas counties; 100+ SEGs.

Earlier this week, Neighborhood Credit Union (Neighborhood CU) raise the rate on its 17-month Online Savings CD (1.60% APY) by 45 basis points. The minimum opening deposit is $1.5k, with no stated balance cap.

Additional deposits (minimum of $25) are allowed throughout the term of the 17-month Online Savings CD, and there is no limit on the number of additional deposits that can be made.

According to Neighborhood CU's...

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Top Reward Checking Account in Dallas at Neighborhood Credit Union

Not only have rates been falling on reward checking accounts, but balance caps have also been falling. There have been some exceptions, and one of those is the Kasasa Cash account at Neighborhood Credit Union. It actually raised the balance cap from $15K to $25K early this year. Both the balance cap and the rate have held, and the account is now a very good deal for those in the Dallas metro area. Below is a summary of the Kasasa Cash account rates and features as of 7/24/2013:

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4.15% 60-Month CD & 2.15% 12-Month CD at Neighborhood Credit Union in Texas - Local Only
Update 10/17/09: The CD rates have fallen. Please check the credit union's website for the latest rates.

Neighborhood Credit Union is offering some very competitive CD rates especially on longer terms. The best ones include a 3.15% APY 30-month CD, a 3.65% APY 48-month CD and a 4.15% APY 60-month CD. The mid-term CDs are not quite as good, but they're still quite competitive with a 2.15% APY for a 12 and 18 month term. Minimum deposit is $50,000. The rates are 15 basis points lower for a $2,500 minimum. The...

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Up to $100 Checking Account Bonus at Neighborhood Credit Union in Dallas
Neighborhood Credit Union is offering up to $100 when you open a checking account. Details of this promotion are listed at the credit union's webpage. Offer is scheduled to last through May 15, 2009. Here are the details about what is required:
  • $25 for any Savings
  • $25 for any Checking
  • $25 for Direct Deposit of at least $200
  • Another $25 for Advantage Checking
Minimum opening deposit of $25 is required for all checking accounts. Account must be maintained a minimum of 6 months for the offer. The Advantage Checking has a $9.95 monthly service fee...
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$100 Bonus for Checking Account at a Texas CU
The Neighborhood Credit Union is offering up to $100 cash for opening a checking account. You can get $50 for opening any checking account and another $25 for direct deposit. If you upgrade to an Advantage Checking Account, you get an extra $25. This deal is not being advertised at the credit union's website. However, it was advertised in the January 28th edition of the Dallas Morning News and is available online here.

Accounts must be maintained a minimum of 6 months and the direct deposit must be at least $200....

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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.