Kasasa Changes the Face of Local Banking in Treynor

Oct. 6, 2010 - PRLog -- Treynor, IA--TS♦Bank is the first financial institution in Iowa to launch the country’s most innovative financial products. Kasasa® is a new brand of free checking and savings accounts that pays you to use your account with what interests you most – high interest and automatic savings.

These accounts, combined with the personal service that only community financial institutions like TS♦Bank can deliver, are offering Americans a better checking account option than the mega bank experience.

“Consumers deserve to wake up to happier days of banking and leave behind the nightmare of mega bank fees and mistreatment. We are pleased to be the first in Iowa to offer these unique products,” said Josh Guttau, TS♦Bank President & CFO. “Kasasa delivers what research shows people really want but believe they can’t have – great financial products with the personal service of a community-based financial institution.”

TS♦Bank is offering two Kasasa financial products, including Kasasa Cash™ and Kasasa Saver™. All Kasasa products are free accounts, with no minimum balance, no monthly fees, free online banking, and nationwide ATM fee refunds.

•   Kasasa Cash – Is a free checking account that pays high interest every month.
•   Kasasa Saver – Is a high interest, saver account linked to a Kasasa Cash checking account. The high interest and ATM fee refunds earned in the Kasasa Cash account are automatically deposited into the Kasasa Saver account each month. The balance in the Kasasa Saver account also earns a high rate of interest.

To receive the Kasasa benefits, account holders are asked to meet easy monthly qualifications, including receiving an e-statement, using a debit card, and making an electronic transaction. If an account holder does not meet the qualifications in a given month there is no penalty fee. We will alert the individual, who will still earn a base interest and be eligible the following month for the benefits.

“Extensive research has shown us that consumers would prefer to do business with community financial institutions,” continued Guttau. “Kasasa is opening people’s eyes to a new banking model where no sacrifices are necessary. It’s a win-win because account holders get innovative products and personalized service.”

TS♦Bank was recognized for high performance in 2009 by the Independent Community Bankers of America (ICBA) and Iowa Banking Magazine. The bank was named number one among all C-Corporation banks in Iowa, and in the asset size of $100M - $250M for the nation.

Kasasa is distributed to TS Bank from BancVue, the leading provider of innovative products, dynamic marketing, and data-driven consulting solutions to community financial institutions nationwide to help them win the war against the mega banks.

For more information on Kasasa accounts, visit http://www.tsbank.com.

Do you Kasasa?
Kasasa® is the first national brand of the most innovative checking accounts available today. The accounts, offered exclusively by the finest community financial institutions, are designed to be the first and only accounts that actually take an interest in their account holders by paying them to use their account with what interests them most—high interest, automatic savings, money donated to charity or free iTunes® downloads. Kasasa, developed and distributed by BancVue, marries innovative banking products with the personal touch of community financial institutions. For more information, visit https://www.kasasa.com.