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Kasasa Cash Back® - Truth In Savings Disclosure

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Account Overview:

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Kasasa Cash Back: A free variable reward checking account with no minimum balance that rewards accountholders with cash back on their PIN based/signature based debit card purchases and nationwide ATM withdrawal fee refunds when they meet minimum qualifications during the account's Monthly Qualification Cycle.

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Qualification Information:

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To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa Cash Back account during each Monthly Qualification Cycle:

At least 1 direct deposit, ACH credit, or ACH payment transaction(s)
At least 12 PIN-based/signature based debit card purchases
Be enrolled in and log into online banking

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 and credit card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit or credit 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 the statement cycle preceding the current statement cycle.

Contact one of our service representatives for specific Monthly Qualification Cycle dates.

"Statement Cycle" means the period of time for which our bank provides a summary of the financial activities and transactions that post and settle to the accountholder's account. Contact one of our service representatives for specific Statement Cycle dates.

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Reward Information:

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When Kasasa Cash Back qualifications are met during a Monthly Qualification Cycle, you will receive 3.00% cash back on up to a total of $7.50 from PIN-based/signature based debit card purchases that post and settle to the account during that cycle period. A maximum of $7.50 cash back payments may be earned per Monthly Qualification Cycle.

You will receive reimbursements up to an aggregate total of $25 for nationwide ATM withdrawal fees incurred within your Kasasa Cash Back account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction.

When your Kasasa Cash Back account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded.

Cash back payments and nationwide ATM withdrawal fee reimbursements will be credited to your Kasasa Cash Back account on the first processing day of the following statement cycle.

Rates, rewards, and bonuses, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. You will automatically qualify for the account’s rewards during your account’s first statement cycle. If the account is closed before rewards are credited, you will forfeit the rewards.

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Additional Information:

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Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. A minimum balance of $50 is required to open the account. 1 monthly direct deposit, ACH debit or ACH credit transaction and the receipt of e-statements is a condition of this account. See separate schedule of fees that may apply to this account. Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account's qualifications. Limit of 1 account per Social Security Number. There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account. Contact one of our bank service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Member FDIC. Kasasa and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.

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Cycle Date Information:

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The following dates apply to your Kasasa Cash Back account. Our Monthly Qualification Cycle date is the same as our Statement Cycle date. 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 Back 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.

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Kasasa Cash - Truth In Savings Disclosure

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Account Overview:

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Kasasa Cash: A free variable rate checking account with no minimum balance that rewards accountholders with interest and nationwide ATM withdrawal fee refunds when they meet minimum qualifications during the account's Monthly Qualification Cycle.

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Interest Rate & Annual Percentage Yield (APY)

Compounding & Crediting:

Interest will be compounded on a daily basis. Interest will be credited to your Kasasa Cash account on the first processing day of the following statement cycle. If you close your account before the interest is credited, you will not receive the accrued interest. Interest begin(s) to accrue on the day after you deposit noncash items (for example, checks).

"Statement Cycle" means the period of time for which HSLC provides a summary of the financial activities and transactions that post and settle to the accountholder's account. Contact one of our service representatives for specific Statement Cycle dates.
Balance Computation Method:

We use the daily balance method to calculate the interest in your Kasasa Cash account. This method applies a periodic rate to the principal in the account each day for the period. The period we use is the Statement Cycle.
Interest Rate & Annual Percentage Yield:

When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle daily balances up to and including $25,000 in your Kasasa Cash account earn an interest rate of 5.37% resulting in an APY of 5.50%; and daily balances over $25,000 earn an interest rate of .50% on the portion of the daily balance over $25,000, resulting in a range from 1.50% to 5.50% APY depending on the account's daily balance.

When Kasasa Cash qualifications are not met, ATM withdrawal fees are not refunded and the interest rate earned on the entire daily balance in the account will be .05% resulting in an APY of .05%;

Qualification Information:

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To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle:

At least 1 direct deposit, ACH credit, or ACH payment transaction(s)
At least 12 PIN-based / signature-based debit card purchases
Be enrolled in and log into online banking

The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit [and credit] card purchases processed by merchants and received by our bank as ATM transactions, non-retail payment transactions and purchases made with debit [or credit] 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 the statement cycle preceding the current statement cycle.

Contact one of our service representatives for specific Monthly Qualification Cycle dates.

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Reward Information:

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When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $25,000 in your Kasasa Cash account earn an interest rate of 5.37% resulting in an APY of 5.50%; and daily balances over $25,000 earn an interest rate of .50% on the portion of the daily balance over $25,000 resulting in a range from 1.50% to 5.50% APY depending on the account's daily balance.

You will receive reimbursements up to an aggregate total of $25 for nationwide ATM withdrawal fees incurred within your Kasasa Cash account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction.

When your Kasasa Cash qualifications are not met, the interest rate earned on the account's entire daily balance will be .05% resulting in an annual percentage yield of .05% and ATM withdrawal fees are not refunded.

Interest will be credited to your Kasasa Cash account on the first processing day of the following statement cycle.

Nationwide ATM withdrawal fee reimbursements will be credited to your account on the first processing day of the following statement cycle.

APY = Annual Percentage Yield. Statement cycle date is assumed to be 30 days. Rates and rewards, if any, are variable and may change after account is opened without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings. You will automatically qualify for the account’s rewards during your account’s first statement cycle. If the account is closed before rewards are credited, you will forfeit the rewards.

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Additional Information:

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Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. A minimum deposit of $50 is required to open the account. 1 monthly direct deposit, ACH debit payment or ACH credit transaction, and agreeing to receive e-statements are conditions of this account. See separate schedule of applicable fees that may apply to this account. Enrollment in electronic services (e.g. online banking) is necessary to receive e-statements. Limit of 1 account(s) per Social Security Number. There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account. Contact one of our bank service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Member FDIC. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.

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Cycle Date Information:

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Your Kasasa Cash accounts Monthly Qualification Cycle date is the same as the Statement Cycle dates. To qualify for your account's rewards, all of the transactions and activities identified within the above Monthly Qualification Cycle must post and settle to your Kasasa Cash account with the Monthly Qualification Cycle/Statement Cycle date.

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Kasasa Cash with Kasasa Saver - Truth In Savings Disclosure

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Account Overview:‍

Kasasa Cash: A free variable rate checking account with no minimum balance that rewards accountholders with interest and nationwide ATM withdrawal fee refunds when they meet minimum qualifications during the account's Monthly Qualification Cycle.

Kasasa Saver is a free, variable rate, deposit account with no minimum balance that rewards accountholders with interest when they meet the minimum qualifications associated with their linked Kasasa Cash checking account during each Monthly Qualification Cycle.

Interest Rate & Annual Percentage Yield (APY)

Compounding & Crediting:

Interest will be compounded on a daily basis. Interest will be credited to your Kasasa Cash with Kasasa Saver account on the first processing day of the following statement cycle. If you close your account before the interest is credited, you will not receive the accrued interest. Interest begins to accrue on the day after you deposit noncash items (for example, checks).

"Statement Cycle" means the period of time for which HSLCprovides a summary of the financial activities and transactions that post and settle to the accountholder's account. Contact one of our service representatives for specific Statement Cycle dates.

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Balance Computation Method:

We use the daily balance method to calculate the interest in your Kasasa Cash with Kasasa Saver account. This method applies a periodic rate to the principal in the account each day for the period. The period we use is the Statement Cycle.
Interest Rate & Annual Percentage Yield:

When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle:

Kasasa Cash: daily balances up to and including $25,000 in your Kasasa Cash account earn an interest rate of 5.37% resulting in a non-compounding APY of 5.50%; and daily balances over $25,000 earn an interest rate of .50% on the portion of the daily balance over $25,000, resulting in a non-compounding range from 1.50% to 5.50% APY depending on the account's daily balance.

Kasasa Saver: daily balances up to and including $50,000 in your Kasasa Saver account earn an interest rate of 1.49% resulting in an APY of 1.50% and daily balances over $50,000 earn an interest rate of .50% on the portion of the daily balance over $50,000, resulting in a range from .83% to 1.50% APY depending on the account's daily balance.

When your Kasasa Cash account qualifications are not met during a Monthly Qualification Cycle:

Kasasa Cash: ATM withdrawal fees are not refunded and the entire daily balance in the account earns an interest rate of .05% resulting in a non-compounding annual percentage yield of .05%.

Kasasa Saver: the entire daily balance in the Kasasa Saver account earns an interest rate of .05% resulting in an annual percentage yield of .05%.

* Interest in Kasasa Cash does not compound because it is automatically transferred to the Kasasa Saver account within one day. Note: Automatic transfer may cause an overdraft to your Kasasa Cash account, if the account's balance is less than the transferred amount when transfer occurs.

Qualification Information:

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To earn your rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle:

At least 1 direct deposit, ACH credit, or ACH payment transaction
At least 12 PIN-based / signature-based debit card purchases
Be enrolled in and log into online banking

The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit and credit card purchases processed by merchants and received by our bank as ATM transactions, PIN-based, signature-based transactions, non-retail payment transactions and purchases made with debit or credit 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 the statement cycle preceding the current statement cycle.

Contact one of our service representatives for specific Monthly Qualification Cycle dates.

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Reward Information:

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When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $25,000 in your Kasasa Cash account earn an interest rate of 5.37% resulting in a non-compounding APY of 5.50%; and daily balances over $25,000 earn an interest rate of .50% on the portion of the daily balance over $25,000, resulting in a non-compounding range from 1.50% to 5.50% APY depending on the account's daily balance.

In addition, daily balances up to and including $50,000 in your Kasasa Saver account earn an interest rate of 1.49% resulting in an APY of 1.50%; and daily balances over $50,000 earn an interest rate of .50% on the portion of the daily balance over $50,000, resulting in a range from .83% to 1.50% APY depending on the Kasasa Saver account's daily balance.

When your Kasasa Cash qualifications are not met, the interest rate earned on the account's entire daily balance will be .05% resulting in a non-compounding annual percentage yield of .05% and ATM withdrawal fees are not refunded. In addition, the entire daily balance in the Kasasa Saver account earns an interest rate of .05% resulting in an annual percentage yield of .05%.

Interest will be credited to your Kasasa Cash and Kasasa Saver account on the first processing day of the following statement cycle.

Nationwide ATM withdrawal fee reimbursements will be credited to your account on the first processing day of the following statement cycle.

APY = Annual Percentage Yield.

Rates, rewards and bonuses, if any, are variable and may change after account is opened without notice to you. A minimum balance to open the account is $50 and the assumed statement cycle of your account is 30 days. Rewards less than a penny cannot be distributed. Please see separate fee schedule for those fees affecting this account. Fees may reduce earnings. You will automatically qualify for the account’s rewards during your account’s first statement cycle. If the account is closed before rewards are credited, you will forfeit the rewards.

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Additional Information:

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Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. 1 monthly direct deposit, ACH debit/ACH credit is a condition these account(s). Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account's qualifications. Limit of 1 account per Social Security Number. There are no recurring monthly maintenance charges or fees to open or close this account. This account is not to be used for commercial purposes. If the account is closed, you will forfeit any rewards that have not been credited to your account. A Kasasa Cash account is required to have a Kasasa Saver account. If, for whatever reason the Kasasa Saver portion of your account is closed, your account will automatically be converted to the associated standalone Kasasa Cash account and that account's terms and conditions articulated within their specific disclosure will apply. A linked Kasasa Saver account is required for automatic savings.

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Account Limitations: If Kasasa Saver Is Established As A Savings Account:

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Transfers or withdrawals from a Kasasa Saver account to (a) another account of the same depositor at our institution or to (b) a third party or an account of the same depositor at another bank, if made by preauthorized transfer, automatic transfer, telephone, fax or internet banking service and (c) transfers or withdrawals to a third party or to an account of the depositor to another account at another bank made by check, draft, debit card are limited to an aggregate total of six (6) per calendar month. There is no limit to the number of transfers or withdrawals from your Kasasa Saver account to repay loans at our institution or are made in person, by mail, by messenger or at an ATM. These transactions are considered made on the date the transaction posts and settles to your account, not the date the withdrawal request was initiated.

Contact one of our bank service representatives for additional information, details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Member FDIC. Kasasa, Kasasa Cash and Kasasa Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.

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Cycle Date Information:

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The following dates apply to your Kasasa Cash and Kasasa Saver accounts. Our Monthly Qualification Cycle dates are 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 and Kasasa Saver accounts with these Monthly Qualification Cycle dates.