SAVER
REG SAVINGS
Moola Moola/Teen
FLEX
MISC
100
What is the minimum balance for Kasasa Saver?
What is $0.
100
What is the minimum balance on a Statement Savings?
What is $300.
100
Who is the Moola Moola savings account designed for?
What is a child through the age of 13.
100
What is the minimum balance to open a FLEX savings?
What is $2000.00
100
What is the minimum amount you can have automatically deposited/transferred into a Christmas Club?
What is $10.00
200
What is the current APY on the Kasasa Saver?
What is 1.40%.
200
What is the fee if your savings falls below $300 during the month?
What is $3.
200
What is the age range for a child's savings?
What is 14-18.
200
What is the minimum a customer can withdrawal from FLEX?
What is $500.00
200
What is a Traditional IRA?
What is a plan that allows customers to make annual contributions & reduce taxable income.
300
What balance do you earn the "Premium" interest rate on?
What is $40,000.
300
When does the statement savings pay interest?
What is quarterly.
300
When does the child savings turn to a regular statement savings?
What is on their 18th birthday.
300
What is the current FLEX rate based on?
What is the 182 day CD, and it is tiered to their balance.
300
What is the fee if an IRA is transferred to a non-F&M account?
What is $50.00
400
When does the interest post to your Kasasa Saver?
What is the first business day of next month.
400
What is the interest rate on the statements savings and what type of rate is it?
What is .05125% and it's variable.
400
What is the minimum balance on a Moola Moola or Child's Savings account?
What is $0, it takes $25 to open.
400
What can a customer NOT have with a FLEX account?
What is an ATM card.
400
What is a Roth IRA?
What is a nondeductible account that features tax-free withdrawals for certain distribution reasons after a 5 year holding period.
500
What two items sweep over into the Saver account at the end of the statement cycle?
What is Kasasa Cash interest & ATM fee refunds.
500
How is the interest calculated on a statement savings?
What is the daily balance method, this method applies a daily periodic rate to the principal balance each day.
500
When does the statement for a Moola Moola and Child Savings cut?
What is quarterly.
500
How often is the interest compounded on a FLEX savings?
What is every month.
500
What is an IRA savings account?
What is an account designed to help customers who want to save for their financial future, and achieve that goal through small weekly/monthy deposits. (first time home buyers)