Any person, business or organization wishing to become a member of Southbridge Credit Union must live, work or operate within our sphere of operation which includes the Massachusetts counties of Worcester, Bristol, Franklin, Hampshire, Norfolk, Hampden and Middlesex. You can open a membership account today at any of our locations with as little as a $5 balance in a prime share account – this serves ‘as a share’.
Simplify saving — add this free account to your free Kasasa® checking. When you earn rewards in your Kasasa® checking account, you can build your savings with your Kasasa Saver — that pays up to 1.00% APY* every month!
- Must be linked to a free Kasasa Cash checking
- 0.50% APY* on balances up to $15,000
- 0.28% to 0.50% APY on balances over $15,000.01 depending on balance in account*
- 0.05% APY* if qualifications are not met in Kasasa Cash
- No minimum balance to earn rewards
- Rewards will automatically transfer from your Kasasa Cash Checking account
- No monthly service fee
- Free online banking
- Free mobile banking including mobile deposits
- Free Debit/ATM card available with no annual fee
- Free eStatements
- $5 minimum deposit to open
How to Earn Your Rewards (It’s Easy!)
Qualifying for your Kasasa Cash rewards automatically qualifies you for the highest Kasasa Saver rate, too.* To earn your rewards, just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:
- Have at least 1 direct deposit or automatic payment (ACH) transaction post and settle
- Have at least 12 debit card transactions post and settle
- Be enrolled in online banking and eStatements
If you don’t meet these qualifications, your accounts are still free.
Plus, you’ll earn our base rate in both Kasasa Saver and Kasasa Cash and you can get right back to earning your full rewards the very next cycle that you qualify.
Monthly Qualification Cycles
| Month | Start Date* | End Date* | Statement Date |
|---|---|---|---|
| January 2022 | 12/31/2021 | 01/30/2022 | 01/01/2022 |
| February 2022 | 01/31/2022 | 02/27/2022 | 02/01/2022 |
| March 2022 | 02/28/2022 | 03/30/2022 | 03/01/2022 |
| April 2022 | 03/31/2022 | 04/28/2022 | 04/01/2022 |
| May 2022 | 04/29/2022 | 05/30/2022 | 05/01/2022 |
| June 2022 | 05/31/2022 | 06/29/2022 | 06/01/2022 |
| July 2022 | 06/30/2022 | 07/28/2022 | 07/01/2022 |
| August 2022 | 07/29/2022 | 08/30/2022 | 08/01/2022 |
| September 2022 | 08/31/2022 | 09/29/2022 | 09/01/2022 |
| October 2022 | 09/30/2022 | 10/30/2022 | 10/01/2022 |
| November 2022 | 10/31/2022 | 11/29/2022 | 11/01/2022 |
| December 2022 | 11/30/2022 | 12/29/2022 | 12/01/2022 |
*APY = 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 $10,000 receive an APY of 1.00%; the portion of balance over $10,000 receives an APY of 0.25%, resulting in a range from 0.32% to 1.00% 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 $15,000 receive an APY of 0.50%; the portion of balance over $15,000 receives an APY of 0.25%, resulting in a range from 0.28% to 0.50% 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.
Simplify saving — add this free account to your free Kasasa Cash Back® checking. When you earn rewards in your Kasasa® checking account, you can build your savings with your Kasasa Saver — that pays up to 1.00% APY* every month!
- Must be linked to a free Kasasa Cash checking
- 0.50% APY* on balances up to $15,000
- 0.28% to 0.50% APY on balances over $15,000.01 depending on balance in account*
- 0.05% APY* if qualifications are not met in Kasasa Cash
- No minimum balance to earn rewards
- Rewards earned in your Kasasa Cash Back Checking account will automatically post to your Kasasa Saver account
- No monthly service fee
- Free online banking
- Free mobile banking including mobile deposits
- Free Debit/ATM card available with no annual fee
- Free eStatements
- $5 minimum deposit to open
How to Earn Your Rewards (It’s Easy!)
Qualifying for your Kasasa Cash rewards automatically qualifies you for the highest Kasasa Saver rate, too.* To earn your rewards, just do the following transactions and activities in your Kasasa Cash account during each Monthly Qualification Cycle:
- Have at least 1 direct deposit or automatic payment (ACH) transaction post and settle
- Have at least 12 debit card transactions post and settle
- Be enrolled in online banking and eStatements
If you don’t meet these qualifications, your accounts are still free.
Plus, you’ll earn our base rate in both Kasasa Saver and Kasasa Cash and you can get right back to earning your full rewards the very next cycle that you qualify.
Monthly Qualification Cycles
| Month | Start Date* | End Date* | Statement Date |
|---|---|---|---|
| January 2022 | 12/31/2021 | 01/30/2022 | 01/01/2022 |
| February 2022 | 01/31/2022 | 02/27/2022 | 02/01/2022 |
| March 2022 | 02/28/2022 | 03/30/2022 | 03/01/2022 |
| April 2022 | 03/31/2022 | 04/28/2022 | 04/01/2022 |
| May 2022 | 04/29/2022 | 05/30/2022 | 05/01/2022 |
| June 2022 | 05/31/2022 | 06/29/2022 | 06/01/2022 |
| July 2022 | 06/30/2022 | 07/28/2022 | 07/01/2022 |
| August 2022 | 07/29/2022 | 08/30/2022 | 08/01/2022 |
| September 2022 | 08/31/2022 | 09/29/2022 | 09/01/2022 |
| October 2022 | 09/30/2022 | 10/30/2022 | 10/01/2022 |
| November 2022 | 10/31/2022 | 11/29/2022 | 11/01/2022 |
| December 2022 | 11/30/2022 | 12/29/2022 | 12/01/2022 |
*APY = 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 $10,000 receive an APY of 1.00%; the portion of balance over $10,000 receives an APY of 0.25%, resulting in a range from 0.32% to 1.00% 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 $15,000 receive an APY of 0.50%; the portion of balance over $15,000 receives an APY of 0.25%, resulting in a range from 0.28% to 0.50% 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.
Talk with us about savings accounts at Southbridge Credit Union. We want to help you with options to save and invest your money. Think of us as your financial partner – we’ll work with you to create your personal financial plan.
National Credit Union Share Insurance Fund & Massachusetts Share Insurance Corporation (MSIC)
Member accounts in this credit union are federally insured by the National Credit Union Share Insurance Fund, with supplemental coverage provided by MSIC.
Minimum Balance Requirements
The minimum balance required to open this account is $5.00.
