Community First Bank KASASA Cash Checking Account Reviews (Jan. 2021) | Checking Accounts

Highlights
Monthly Fee	$0
ATM Fee: Out-of-Network	N/A
Minimum Balance to Avoid Monthly Fee	$0
APY (Annual Percentage Yield)	3.00% - 6.1%

Community First Bank KASASA Cash Checking Account Review

Community First Bank KASASA Cash Checking Account is offered by Community First Bank, a bank founded in 0 and based in New Iberia, LA. Community First Bank KASASA Cash Checking Account is available in 1 state across the USA.

Key Takeaways

Very high APY. This account offers an annual percentage yield of up to 6.1%, which is much higher than the average for a checking account.However, you must keep a minimum balance of $15,000.
$100 minimum deposit. This account requires a higher minimum initial deposit than most of the checking accounts we track.
No minimum initial deposit. There is no minimum balance required to open an account.
ATM fee reimbursements. This account will reimburse you for the ATM fees charged by other financial institutions.
Free bill pay. Pay your bills to practically anyone in the United States through Community First Bank.
Hard credit pull. Community First Bank may require a hard pull on your credit report to open a checking account.

Community First Bank KASASA Cash Checking Account Pros & Cons

Pros	Cons
High-interest yield. Access to physical branches. Free debit card and the option to lock/unlock the card if lost or stolen	No signup bonus. Does not offer mobile check deposits. Does not provide access to a nationwide ATM network. Only available in one state. Higher than average wire transfer fees.

Community First Bank KASASA Cash Checking Account FAQ

Are checking accounts from Community First Bank federally insured?

Yes, your Community First Bank checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #35020). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Community First Bank KASASA Cash Checking Account offer?

Community First Bank KASASA Cash Checking Account offers an APY starting at 3.00% and ranging up to 6.1% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY. However, to earn interest you must keep a minimum balance of $15,000.

Community First Bank KASASA Cash Checking Account Rates and Terms
Rates	Amount
APY (Annualized Percentage Yield)	3.00% - 6.1%

What are the account minimums for Community First Bank KASASA Cash Checking Account?

Community First Bank KASASA Cash Checking Account requires a minimum initial deposit of $100 to open an account.

Community First Bank KASASA Cash Checking Account Account Minimums
Description	Amount
Minimum Initial Deposit	$100
APY Minimum Balance	$15

What fees does Community First Bank KASASA Cash Checking Account charge?

This account charges a monthly maintenance fee of $0.

Community First Bank KASASA Cash Checking Account Fees
Description
Monthly Fee	$0
Paper Statement Fee	N/A
ATM Fee: In-Network	N/A
ATM Fee: Out-of-Network	N/A
NSF Fee	N/A
Overdraft Protection Fee (per transfer)	N/A
Overdraft Item Fee	N/A
Early Account Closure	N/A
Returned Deposit Fee (Domestic)	N/A
Debit Card Replacement Fee	$0
Bank Teller Fee	N/A
Check Cashing Fee	N/A
Online Bill Pay Fee	$0
Stop Payment Fee	N/A
Check Image Service	N/A
Check Copy	N/A
Foreign Transaction Fee (Debit Card)	N/A
Wire Transfer Fee - Domestic (Outgoing)	$20
Wire Transfer Fee - International (Outgoing)	$50
Wire Transfer Fee - International (Incoming)	$10
Returned Deposit Fee (International)	N/A
Wire Transfer Fee - Domestic (Incoming)	$10
ATM Reimbursement Monthly Limit	N/A

What features and perks does Community First Bank KASASA Cash Checking Account offer?

This account includes the following features:

ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - Community First Bank KASASA Cash Checking Account allows you to manage your money online.

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