Savings
Saving is an essential part of preparing for your future. At Greenwood Municipal Federal Credit Union, we offer multiple accounts built specifically to help you reach your long-term financial goals.
- Free Kasasa Saver: Exclusively available to Kasasa checking account holders, this account makes collecting and expanding savings effortless.
Checking
At Greenwood Municipal Federal Credit Union, we understand that not everyone banks the same way. That’s why we now offer multiple checking options — so you can choose the one that’s best for you.
- Free Kasasa Cash®
- Checking: Earns really high dividends and refunds ATM withdrawal fees, nationwide*
- Free Kasasa Cash Back® Checking: Earns refunds on debit card purchases and nationwide ATM withdrawal fees*
- Classic Checking: Just $1.00 to open, this no-frills account may be just what you need.
Free Kasasa Cash® Checking
Earn really high dividends on your checking balance every month — and get refunds on ATM withdrawal fees, nationwide!* It’s free checking that rewards you just for banking locally.
Summary
- Free checking that pays high dividends
- 3.00% APY* on balances up to $10,000
- 3.00% to 0.50% APY on balances over $10,000 depending on balance in account*
- 0.05% APY* if qualifications aren’t met
- Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
- Free Kasasa Saver® to build savings automatically
- No minimum balance to earn rewards
- No monthly maintenance fees
- Free Online and Mobile Banking, including:
- Free Bill Pay Service
- Free Remote Deposit
- Free e-Statements
- Free GMFCU debit card
- No minimum deposit to open
Qualification
It’s easy to earn your rewards. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle.
- At least 12 debit card purchases
- Be enrolled in and agree to receive e-Statements
- Be enrolled in and log into online banking
Please note: Limit 1 per SSN
That’s it! Even if you don’t meet your qualifications during the cycle, your Kasasa Cash account is still free, and you’ll still earn our base dividend rate. Plus, you can get right back to earning your full rewards the very next month.
Kasasa Cash Back® Account
Enjoy cash back on debit card purchases, plus refunds on ATM withdrawal fees — nationwide. With such high rewards, you’ll feel like you’re getting paid to shop!
Summary
- Free checking that pays you back
- 4.00% cash back on debit card purchases*
- No category restrictions on your purchases
- Cash back earned on up to $250
- Earn up to $120 cash back per year, $10 per month
- Refunds on ATM withdrawal fees, nationwide (up to $25 monthly)*
- Link to free Kasasa Saver® to build savings automatically
- No minimum balance to earn rewards
- No monthly maintenance fees
- Free Online and Mobile Banking, including:
- Free Bill Pay Service
- Free Remote Deposit
- Free e-Statements
- Free GMFCU debit card
- No minimum deposit to open
Qualifications
Earning your rewards is simple. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash Back account during each Monthly Qualification Cycle.
- At least 12 debit card purchases
- Be enrolled in and agree to receive e-Statements
- Be enrolled in and log into online banking
Please note: Limit 1 per SSN
It’s just that easy. Even if you don’t meet your qualifications during the cycle, your Kasasa Cash Back account is still free. Even more, you can get right back to earning your full rewards the very next month!
Free Kasasa Saver® Account
Build savings automatically every month while earning dividends on your balance! Kasasa Saver links to your Kasasa Cash® or Kasasa Cash Back® account to collect and grow your earned Kasasa® checking rewards.
Summary
- Free account that builds your savings effortlessly
- Free Kasasa Cash, or Kasasa Cash Back checking
- Automatic transfers of Kasasa Cash earned interest and ATM refunds
- Automatic transfers of Kasasa Cash Back’s purchase refund earnings only
- 1.00% APY* on balances up to $20,000
- 1.00% to 0.37% APY on balances over $20,000 depending on balance in account*
- 0.05% APY* if qualifications are not met in Kasasa Cash or Kasasa Cash Back
- No minimum balance to earn rewards
- No monthly maintenance fees
- Free Online and Mobile Banking, including:
- Free e-Statements
Qualifications
Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle.
- At least 12 debit card purchases
- Be enrolled in and agree to receive e-Statements
- Be enrolled in and log into online banking
Please note: Limit 1 per SSN
And if you don’t meet these qualifications, don’t worry — your accounts are still free. You’ll still earn our base rate on Kasasa Saver. Plus, you can get right back to earning your full rewards the very cycle that you qualify.