Savings Accounts

¹APY = Annual Percentage Yield. For all Kasasa accounts, you may qualify for monthly rewards if you meet the applicable minimum qualification requirements during each monthly qualification cycle. To meet the minimum qualification requirements, you must: 1) make 12 debit card purchases that post and settle your account; 2) have one direct deposit or automatic payment (ACH) settle your account; 3) be enrolled to receive free monthly e-statements. Monthly Qualification Cycles begin one (1) business day prior to the first day of the current statement cycle. When the last day of the month falls on a business day, the qualification period ends 1 day before statement cycle end date. When the last day of the month falls on a weekend, the qualification period ends 2 business days before the statement cycle end date. Our Monthly Qualification Cycle dates are not the same as our Statement Cycle dates. Transactions may take one or more business days from the date the transaction was made to post and settle to the account. All transactions must post and settle during the monthly qualification cycle in order to qualify for the account’s reward. Small debit card transactions conducted on the same day at a single merchant and/or multiple transactions made during a condensed time period particularly near the end of a Monthly Qualification Cycle are not considered normal, day-to-day spending behavior. These types of transactions appear to be conducted with the sole purpose of qualifying for the account’s rewards and thus will be deemed inappropriate transactions and will not count toward earning the account’s rewards. Kasasa Cash Reward information: (1) balances up to $25,000 receive an APY of 2.00%; the portion of balance over $25,000 receives an APY of 0.25%, resulting in a range from 0.60% to 2.00% APY on the total account balance depending on the account’s total balance. Minimum qualification requirements must be met during each monthly qualification cycle in order to obtain APY. Lowest APY calculation is based on an assumed total account balance of $115,000. Kasasa Cash Back Reward Information: You will receive 2.00% cash back on up to $300 in debit card purchases that post and settle to your account if you meet the minimum qualification requirements during the monthly qualification cycle. In addition for both Kasasa Cash and Kasasa Cash Back accounts, we will refund up to $25 in ATM fees assessed at domestic ATM’s we do not own or operate. Kasasa Saver: This is a tiered rate account and is only available to holders of a Kasasa Cash or Kasasa Cash Back Accounts. If minimum qualifications are met during the monthly qualification cycle on your Kasasa Cash or Kasasa Cash Back Account: 1) balances up to $25,000 receive an APY of 1.00%; the portion of balance over $25,000 receives an APY of 0.25%, resulting in a range from 0.40% to 1.00 % APY on the total account balance depending on the accounts total balance. Lowest APY calculation is based on an assumed total account balance of $115,000. There is a limit of 2 Kasasa Saver with Cash and 2 Kasasa Saver with Cash Back per tax identification number. Kasasa accounts are only available as personal accounts. Membership to Southbridge Credit Union requires a one-time dividend-earning deposit of $5 in a prime savings account. Federally insured by NCUA. Member MSIC. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.

²See our Truth-In-Savings Disclosure for Transaction Accounts.