• Checking

A long time ago, somebody discovered that carrying around all your money with you all the time was impractical and inconvenient, and checking was born. These days you have plenty of choices where you keep your checking account, but other institutions can't offer you the commitment to service and dedication to community that you get with Magnolia.

Free Checking That Pays You a rate of 3.01% APY* You Deserve (In Cash)

Kasasa Cash is a free high interest checking account that puts 3.01% APY* right in your pocket. After all, it's your cash so you should benefit the most from it. No short-term. Just you getting the most for your money. Isn't it time you get rewarded for your checking account? Kasasa Cash. Do you Kasasa?

Summary

Kasasa Cash is perfect for you if you want:

• Free checking that gives you extra cash
• 3.01% APY* on balances up to $10,000 when qualification are met
• 0.51% APY* on amount of balance over $10,000 when qualifications are met
• 0.10% APY* if qualifications are not met
• No minimum balance to earn rewards
• Nationwide ATM fee refunds (up to $25 per monthly qualification cycle)
• Free online banking

To get 3.01% APY* do the following each monthly qualification cycle:

• Have at least 10 signature-based debit card purchases post and clear
• Have at least one automatic payment or direct deposit post and clear
• Receive and review e‐statements
• Access online banking

If you miss a monthly qualification cycle, don't worry!

You will still enjoy free checking and there's no penalty for not qualifying in a given cycle. Plus you get a base rate of 0.10% APY* and you get right back to making 3.01% APY* and enjoying ATM refunds the next cycle you qualify.

* APY= Annual Percentage Yield. Minimum to open account is $1.00. Annual Percentage Yield (APY) accurate as of 01/01/12. Rate tiers are as follows: 3.01% APY applies to balances of $0.00 - $10,000.00 and 0.51% APY applies to balances over $10,000 if qualifications are met during the monthly qualification cycle. 0.10% applies to all balances if monthly qualifications are not met. All balances will earn 0.51% APY to 3.01% APY if monthly qualifications are met. Rates may change after the account is opened. Fees may reduce earnings. Qualifying transactions must post and clear the account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to an account from the date the transaction is made. Intra-bank transfers do not count as qualifying ACH transactions. ATM fee reimbursements up to $25 provided for checking account withdrawals only if qualifications are met within the monthly qualification cycle. PIN based transactions do not count toward qualifying debit card purchases. Limit one account per household (SSN). Commercial accounts may not participate in this program.