Show:
1
2
3
4
5
100
What is the name of the KASASA products Citizens State Bank will be offering?
KASASA Cash, KASASA Cash Back & KASASA Saver
100
What does KASASA stand for?
Nothing
100
What is the minimum balance to open a KASASA product?
$50.00
100

Truth or False:

If qualifications are not met, Citizens State Bank will charge $5.00 per statement cycle.

False

KASASA accounts are free and the customer will not be charged for not meeting the qualifications.

100
What was the RED Channel Access start date?
February 13
200
What are the three qualifications needed to be met to win rewards on a KASASA account?

-12 Point of Sales

-Online Banking (Internet/Mobile)

-ACH (Direct deposit/ ACH Debit/ ACH Credit)

200
What is the APY Citizens State Bank will be paying on a KASASA Cash Account?
2.00% APY
200
What are the earnings that a KASASA Cash Back account will be paying?
2.00% of cash back
200
What is the maximum cash back a KASASA Cash back will be paying per statement cycle?
$7.50
200
What is the APY that a KASASA Saver will be earning?
0.75% APY
300
On a KASASA Cash, what is the APY on balances over $10,000.00?
0.25% APY
300
What is the Nationwide ATM Fee Refunds Cap on a KASASA account?
$25.00
300
On a KASASA Saver, what is the APY on balances over $10,000.00?
0.25% APY
300
On a KASASA Saver: If qualifications are not met, what is the APY a customer will earn for that statement cycle?
0.05% APY
300

True or False

If qualifications are not met on a KASASA Cash Back account, the customer will still earn 0.05% APY for that statement cycle.

FALSE

KASASA Cash Back does not earn anything if qualifications are not met.

400

KASASA Cash with KASASA Saver:

How will funds be paid?

Cash will be credited into the DDA account at the end of the cycle and on the next day they will be transferred to KASASA saver.                                                                    

400

KASASA Cash Back with KASASA Saver

How will rewards be paid?

Rewards will move automatically to KASASA Saver at the end of the cycle.  

400
When is the statement cut on a KASASA account?

2nd Thursday of every month.

400

True or False

If customer has not met the qualifications on any KASASA account for 6 consecutive statement cycles, the account will be changed into personal checking account.

TRUE
400

True or False

If you have a preferred checking account with a balance of $20,000.00, you can open a KASASA Saver.

FALSE

In order to open a KASASA Saver, you need to have a KASASA Cash or a KASASA Cash Back.

500
What is the amount that a customer will be rewarded on a KASASA Saver if his/her balance is $13,387.50 and qualifications are met on a 30 day statement period?
$6.86
500

What is the amount that a customer will be rewarded on a KASASA Cash  if his/her balance is $3,482.00 and qualifications are not met on a 30 day statement period?

.14 cents
500

What is the amount that a customer will be rewarded on a KASASA CASH  if his/her balance is $10,243.62 and qualifications are met on a 30 day statement period?

$16.49
500

How much cash will  a customer earn back if he/she spends a total of $679.87 on purchases on a 30 day statement period and has a KASASA Cash Back on a 30 day statement period?

$7.50
500

What is the amount that a customer will be rewarded on a KASASA Saver if his/her balance is $21,000.00 and qualifications are not met?

.86 cents