Kasasa Cash Disclosure

*Qualifications Information:  Account transactions and activities may take one or more business 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 CNB Bank, Inc. 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 one (1) business day prior to the first day of the current statement cycle through one (1) business day prior to the close of the current statement cycle. “Statement Cycle” means the period of time for which CNB Bank, Inc. provides a summary of the financial activities and transactions that post and settle to the accountholder’s account. “Business Day” means a calendar day other than a Saturday or Sunday and federal holidays.

Reward Information:  When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, (1) Balances up to and including $10,000 receive APY* of  2.25%; and balances over $10,000 earn 0.25% interest rate on the portion of balance over $10,000, resulting in a range from 2.25% to 0.43% APY* depending on the account’s balance and (2) you will receive reimbursements up to $30 ($4.99 per single transaction) for nationwide ATM withdrawal fees incurred during the Monthly Qualification Cycle in which you qualified.  ATM receipt must be presented for reimbursement of ATM fees of $5.00 or higher.
When Kasasa Cash qualifications are not met, all balances in the account earn 0.03% APY* and ATM withdrawal fees are not refunded. Interest and ATM fee reimbursements will be credited to your Kasasa Cash account on the last day of statement cycle.  *APY = Annual Percentage Yield. APYs accurate as of 06/01/2016.  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. $50 minimum deposit is required to open the account.  Enrollment in online banking, receipt of electronic statements, having an active CNB Bank, Inc. debit card and maintaining a valid email address with CNB Bank, Inc. are conditions of this  account.  Log-on activity to electronic services may be required to meet some of the account’s qualifications. Limit one account per primary account holder social security number. There are no recurring monthly service charges or fees to open or close this account. Contact a CNB Bank, Inc. service representative for additional information, details, restrictions, processing limitations and enrollment instructions. Member FDIC Kasasa and Kasasa Cash Back are trademarks of Kasasa, Ltd., registered in the U.S.A.