Rewards Savings

Rewards Savings with Rewards Star:

A $25 minimum deposit is required to open the account. Limit 1 account per social security number. A Rewards Star or Cash Back account is required to have a Rewards Savings account. A linked Rewards Savings account is required for automatic savings. There are no recurring monthly maintenance charges or fees to open or close this account.  Receipt of electronic statement is a feature of the account; however, the customer may opt to receive a paper statement for a monthly fee of $3.00.  Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions. 

*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.  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. “Monthly Qualification Cycle” means a period beginning the first day of the current statement cycle through the close of the current statement cycle. The statement cycle ends the 2nd Tuesday of each month.

Reward Information: When your Rewards Star account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your linked Rewards Savings account on the last day of the current statement cycle: ATM fee reimbursements, daily balances up to $25,000 receive an annual percentage yield (APY) of 1.00%; and daily balances over $25,000 earn 0.50% interest rate on the portion of balance over $25,000, resulting in a range from 1.00% to 0.62% APY depending on the account’s balance. Rewards Star: Daily balances up to $10,000 receive a non-compounding APY* of 5.00%; and daily balances over $10,000 earn 0.50% interest rate on the portion of balance over $10,000, resulting in a non-compounding range from 5.00% to 0.91% APY* depending on the account’s balance. When Rewards Star qualifications are not met, Rewards Savings: All balances earn 0.01% APY. Rewards Star: All balances earn a non-compounding APY* of 0.01%. *When linked to the Rewards Savings account, the interest earned within the Rewards Star account does not compound since it is automatically transferred to the Rewards Savings account within one day. This automatic transfer may cause an overdraft to your Rewards Star account if the account’s balance is less than the transferred amount when transfer occurs. APY = Annual Percentage Yield.  APYs accurate as of 07/27/2023. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. 

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Rewards Savings with Rewards Star Cash Back:

A $25 minimum deposit is required to open the account. Limit 1 account per social security number. A Rewards Star or Cash Back account is required to have a Rewards Savings account. A linked Rewards Savings account is required for automatic savings. There are no recurring monthly maintenance charges or fees to open or close this account.  Receipt of electronic statement is a feature of the account; however, the customer may opt to receive a paper statement for a monthly fee of $3.00.  Contact one of our bank service representatives for additional information, details, restrictions, processing limitations and enrollment instructions.

*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.  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. “Monthly Qualification Cycle” means a period beginning the first day of the current statement cycle through the close of the current statement cycle. The statement cycle ends the 2nd Tuesday of each month.

Reward Information: When your Rewards Star Cash Back account qualifications are met during a Monthly Qualification Cycle, the following rewards will be distributed to your linked Rewards Savings account on the last day of the current statement cycle: ATM fee reimbursements, daily balances up to $25,000 receive APY of 1.00%; and balances over $25,000 earn 0.50% interest rate on the portion of daily balances over $25,000, resulting in a range from 1.00% to 0.62% APY depending on the account’s balance. Rewards Star Cash Back: qualified transactions, totaling no more than $250.00, will earn 3.00% cash back.   A maximum of $7.50 cash back may be earned per Monthly Qualification Cycle. When Rewards Star Cash Back qualifications are not met, Rewards Savings: All balances earn 0.01% APY. Rewards Star Cash Back: No cash back payments are made. APY = Annual Percentage Yield. APYs accurate as of 07/27/2023. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. Additional Information: Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply.

Cycle Date Information:

The following dates apply to our Rewards account(s). Through January 2024, Monthly Qualification Cycle dates are not the same as our Statement Cycle dates.  Effective February 2024, Monthly Qualification Cycle dates will be the same as our Statement Cycle dates. Please refer to your account's Truth In Savings disclosure for your account's specific qualification requirements. To qualify for your account's rewards, all of your account's qualifying transactions must post and settle to your specific Rewards account within the Monthly Qualification Cycle dates stated below. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning your account's rewards. 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 your account's rewards.

Future Monthly Qualification Cycle and Statement Cycle dates for our Rewards Star accounts will be available to you via our website or through one of our Service Representatives within one of our branches.