Kasasa Cash Back with Kasasa Saver (K Saver) Disclosure

Qualification Information: Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account’s rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions, and purchases made with debit cards not issued by our bank. If there are multiple transactions at one merchant in one business day that are combined together by the merchant and received by our institution as a single transaction, it will count as a single transaction for the purpose of earning account rewards. “Monthly Qualification Cycle” means a period beginning one (1)business day prior to the first day of the current statement cycle through one(1) business day prior to the close of the current statement cycle. Reward Information: When your Kasasa Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your account(s) on the last day of the current statement cycle: Kasasa Saver: Balances up to $25000.00 receive APY of 1.00%; and balances over $25,000 earn .50% interest rate on the portion of balance over $25,000, resulting in a range from 1.00% to .60% APY depending on the account’s balance. Kasasa Cash Back: 3.00% cash back on up to a total of $300.00 PIN-based or signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $9.00 cashback may be earned per Monthly Qualification Cycle. When Kasasa Cash Back qualifications are not met, Kasasa Saver: All balances earn .05% APY. Kasasa Cash Back: No cash back payments are made. APY = Annual Percentage Yield. APYs accurate as of 07/01/2020. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, time frames, enrollments, log-ons and other requirements apply. We use the daily balance method to calculate the interest on your account. $100.00 minimum deposit is required to open the account. Monthly receipt of electronic statements is a condition(s) of this account. Enrollment in electronic services (e.g. online banking and log-ons) may be required to meet some of the account’s qualifications. Limit 1 account(s) per social security number. A Kasasa Cash Back account is required to have a Kasasa Saver account. A linked Kasasa Saver account is required for automatic savings. There are no recurring monthly maintenance charges or fees to open or close this account. Contact a Libertyville Savings Bank service representative for additional information, details, restrictions, processing limitations and enrollment instructions. 

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Kasasa, Kasasa Cash Back and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.

Cycle Date Information:

The following dates apply to your Kasasa Cash with Kasasa Saver account. Our Monthly Qualification Cycle dates are not the same as our Statement Cycle dates. To qualify for your account's rewards, all of the transactions and activities identified within the above Qualification Information section must post and settle to your Kasasa Cash with Kasasa Saver account with these Monthly Qualification Cycle dates.

The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit cards not issued by our institution. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.