Rates

Rates effective as of 12/31/13.

APY = Annual Percentage Yield.

Fees may reduce earnings.

Deposit Accounts

Account NameCodeMinimum Opening Deposit RequiredInterest RateAPY
Kasasa Cash® checking*B,C$25.001.99%

On amount of balance from $0.01 up to $10,000 when qualifications are met

2.01%

On amount of balance from $0.01 up to $10,000 when qualifications are met

B,C0.50%

On amount of balance over $10,000 when qualifications are met

2.01% to 0.64%

On amount of balance over $10,000 when qualifications are met

B,C0.01%

On entire balance if qualifications are not met

0.01%

On entire balance if qualifications are not met

Kasasa Saver®*B,C$25.00 0.75%

On amount of balance from $0.01 up to $10,000 when qualifications are met on Kasasa Cash Checking

0.75%

On amount of balance from $0.01 up to $10,000 when qualifications are met on Kasasa Cash Checking

B,C0.20%

On amount of balance over $10,000 when qualifications are met on Kasasa Cash Checking

0.75% to 0.25%

On amount of balance over $10,000 when qualifications are met on Kasasa Cash Checking

B,C0.01%

On entire balance if qualifications are not met on Kasasa Cash Checking

0.01%

On entire balance if qualifications are not met on Kasasa Cash Checking

Qualifications:

To earn your rewards, simply do the following activities and transactions in your Kasasa Cash account each monthly qualification cycle:

  • Have at least 10 debit card purchase transactions greater than $5.00 that must post and settle your account per monthly qualification cycle. (PIN based transactions do not count towards qualifying debit card transactions. Debit card transactions processed by merchants and received by the bank as ATM transactions do not count toward qualifying debit card transactions. Only debit card transactions processed by merchants and received by the bank as POS transactions count towards qualifying debit card transactions.)
  • Be enrolled and receive your monthly account statement electronically. Please contact us for details on how to enroll.
  • Have at least one automatic payment (ACH) transaction or direct deposit post and settle your account per monthly qualification cycle.
  • Be enrolled and log into Online Banking at least one time per monthly qualification cycle. Please contact us for details on how to enroll.
  • Have a valid email address on file with the bank.

NOTE: If you are unable to meet these minimum qualifications for your Kasasa account for three (3) or more consecutive qualification cycles during a rolling 12 month period, your free Kasasa account will automatically be converted to NBDC's free Regular Checking account.




Account NameCodeMinimum Opening Deposit RequiredInterest RateAPY
Money MarketsB,C$2500.000.20%0.20%

On minimum balance of $2,500.00

NOW B,C$1000.000.10%0.10%

On minimum balance of $1,000

Health Savings AccountB, C$25.000.10%0.10%
Christmas Clubs (Automatic Deposit)A,B$2.000.10%0.10%

On minimum balance of $2.00

Christmas Club (Book)A,B$2.000.01%0.01%

On minimum balance of $2.00

All-Purpose ClubsA,B$5.000.10%0.10%

On minimum balance of $5.00

SavingsB,C$25.000.10%0.10%

CDs and IRAs

Account NameCodeMinimum Opening Deposit & Minimum Balance to Receive APYInterest Rate APY
Fixed Rate IRA - 18 monthsA$500.000.50%0.50%
Fixed Rate IRA - 30 monthsA$500.000.75%0.75%
Fixed Rate IRA - 60 monthsA$500.001.00%1.00%
Variable Rate IRA - 18 monthsA,B$100.000.60%0.60%
Certificate of Deposit - 12 monthsA$500.000.250.25%
Certificate of Deposit - 18 monthsA$500.000.50%0.50%
Certificate of Deposit - 30 monthsA$500.000.75%0.75%
Certificate of Deposit - 60 monthsA$500.001.00%1.00%
Certificate of Deposit - 31 daysA$500.000.10%0.10%
Certificate of Deposit - 91 daysA$500.000.10%0.10%
Certificate of Deposit - 182 daysA$500.000.15%0.15%

Codes:

A - Penalty may be imposed for early withdrawal

B – Interest rate and annual percentage yield may change after account opening

C – Fees could reduce the earnings on the account


*The Annual Percentage Yield (APY) disclosed on the Kasasa Cash checking account assumes that the interest earned in Kasasa Cash checking compounds. However, by choosing to have Kasasa Saver linked to Kasasa Cash checking, the account holder should be aware that the interest earned in the Kasasa Cash checking account is automatically transferred into the Kasasa Saver account the next business day after the end of the statement cycle and therefore does not remain in the Kasasa Cash checking account and does not compound. Additionally, the interest amount earned in the Kasasa Saver account may be less than the interest amount earned in the Kasasa Cash checking account.