St. Martin B&T (LA) Offers Kasasa Cash And Kasasa Saver


Availability: Louisiana

St. Martin Bank & Trust Company (St. Martin B&T) has a Kasasa Cash checking account that earns 3.01% APY on qualifying balances up to $10k; qualifying balances over $10k earn 0.25% APY, with non-qualifying balances earning 0.05% APY.

The Kasasa Cash account is fairly new to St. Martin B&T’s product line, having been introduced in early July 2015.

Kasasa Cash Qualifying Requirements

The qualifying requirements to earn the stated APY are:

  • Have at least one ACH or Direct Deposit transaction
  • Have at least 10 Debit Card purchases
  • Be enrolled in and receive e-Statements
  • Be enrolled and log into online banking

Kasasa Cash Limitations

  • $50 minimum opening deposit is required
  • Limit of one account per Social Security number.
  • If the account remains at a zero balance for more than five business days, it will automatically close.

Complete details about the Kasasa Cash account are available on St. Martin B&T’s website.

Kasasa Saver

St. Martin B&T’s Kasasa Saver account earns 1.01% APY on balances up to $50k, with balances over $50k earning 0.25% APY. If the Kasasa Cash qualifying requirements are not met, the Kasasa Saver with earn 0.05% APY on all balances. The Kasasa Saver requires a $50 minimum opening deposit, and has no monthly service fee or minimum balance to earn rewards.

Complete details about the Kasasa Saver account are available on St. Martin B&T’s website.


Headquartered in St. Martinville in the center of Louisiana’s Acadiana region, St. Martin Bank & Trust is a community bank, with a market area that has historically included St. Martin Parish, Lafayette Parish, Acadia Parish, and Jefferson Davis Parish.

The Kasasa Cash and Kasasa Saver accounts are now available to all residents of Louisiana through St. Martin B&T’s online application.

The Kasasa Cash and Kasasa Saver accounts can also be opened at any of the ten Louisiana branches located in Broussard, Church Point, Crowley, Elton, Jennings, Lafayette (2), Scott, St. Martinville, and Welsh.

Bank Overview

St. Martin Bank & Trust Company (FDIC Certificate # 12610) has an overall health grade of "B+" at, with a Texas ratio of 8.18% (excellent) based on December 31, 2015 data. In the past year, St. Martin B&T has increased its total deposits by $4.2 Million, an above average annual growth rate of 0.92%. Please refer to our financial overview of St. Martin Bank & Trust Company for more details.

St. Martin Bank & Trust was established in 1933 - one of the worst years of the Great Depression. Through natural growth and expansion, including the acquisition of American Bank (2007) and Church Point Bank and Trust Company (2014), St. Martin B&T is currently Louisiana’s 24th largest bank, with assets in excess of $538 Million. The Bank has always been a community-oriented institution and proudly supports the Ragin’ Cajun’s Athletics Foundation (RCAF) and their mission to strengthen the 16 intercollegiate sports of the University of Louisiana at Lafayette.

How the Kasasa Cash Compares

When compared to the 42 High Yield Reward Checking Accounts tracked by that are available to Louisiana residents, St. Martin Bank & Trust’s Kasasa Cash APY currently ranks in the top five. The following is a sampling of those five accounts.

The above rates are accurate as of 3/18/2016.

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 new Rates Map page.

Kasasa Cash and Saver Accounts at St. Martin Bank & Trust in Louisiana

It has been just over five years since my first review of the reward checking account at St. Martin Bank & Trust. As you might have expected, the rate and balance cap have fallen, but the reward checking account is still competitive. In addition, the bank has added a linked savings account which helps make it a better deal for savers. The accounts are now under the Kasasa brand. The rates and features are described below (as of 7/2/2013):

Kasasa Cash rates and features if monthly requirements are met:

  • 3.51% APY on...
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4.01% Reward Checking Account at a Louisiana Bank (St. Martin Bank & Trust Company)
Update 12/30/08: The top yield has fallen to 4.01% APY. Refer to the bottom of the post for the rate history.

St. Martin Bank & Trust Company has a reward checking account that pays 4.01% APY on balances up to $25,000 (0.25% for above) and refunds ATM fees up to $12.50 per cycle if the following monthly requirements are met:
  • 10 debit card purchases
  • one direct deposit or one electronic payment
  • receive e-statements
  • access online banking
If these are not met, the rate falls to 0.25%. There are no monthly maintenance fees or minimum balance requirements.


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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 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.