Kasasa Cash® Checking Disclosure

Account transactions and activities may take one (1) or more days from the date the transaction or activity occurred 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 account qualifications are met during a Monthly Qualification Cycle,(1) Balances up to $25,000 receive APY of 3.00%; and balances over $25,000 earn .50% interest rate on the portion of balance over $25,000, resulting in a range from 3.00% to 1.00% APY depending on the account’s balance and (2) you will receive reimbursements up to a total of $25.00 for nationwide ATM fees (max. $4.99 per single transaction) imposed by other financial institutions and incurred during the Monthly Qualification Cycle in which you qualified. An ATM receipt must be presented within sixty (60) calendar days from the periodic statement of the ATM transaction, for reimbursements of individual ATM fees of $5.00 or higher. When Kasasa Cash qualifications are not met, all balances in the account earn .05% APY and ATM fees are not refunded. Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of the current statement cycle. *APY = Annual Percentage Yield. APYs accurate as of 01/01/2021. 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. $100.00 minimum deposit is required to open the account. We use the average daily balance method to calculate the interest on your 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. Contact a Libertyville Savings Bank service representative for additional information, details, restrictions, processing limitations and enrollment instructions. 

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

Cycle Date Information:

The following dates apply to your Kasasa Cash 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 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.