TS Bank Announces New Kasasa Giving Account

Top Quote TS Bank and Consumers Collectively Make a Difference with New Checking Account. End Quote
  • Omaha, NE-IA (1888PressRelease) October 28, 2011 - TS Bank, today announced it is offering the most compassionate banking account on the market, Kasasa Giving, which allows consumers to make charitable giving an integral part of every day.

    Kasasa Giving is a free, high interest checking account in which account holders earn money to keep and earn money to donate to their selected charity.

    "Kasasa Giving reflects the desire of our community members to give back," said Josh Guttau, president and CFO of TS Bank. "While simply enjoying the way banking is supposed to be, a rich and rewarding experience, Kasasa Giving account holders are able to support charities that they are passionate about."

    Like all Kasasa accounts, Kasasa Giving is a free, rewards-based account, featuring nationwide ATM fee refunds, no minimum balance to get the rewards, no monthly service fees and online banking. With Kasasa Giving the account holder earns high interest every time they qualify. Plus, TS Bank will give account holders money for every qualified debit card swipe, to automatically pay forward to the account holder's selected charity. The more consumers use their debit card, the more they help the cause. Charities supported through Kasasa Giving include American Humane Association, Boys & Girls Clubs of America, Stand Up to Cancer as well as local charities, including the TS Bank Institute. The TS Bank Institute, established in 2009, is a foundation committed to creating a stronger, more financially savvy future generation through a K-12 financial literacy program.

    To get the rewards, each monthly qualification cycle account holders are asked to do a few simple things like use a debit card, sign up to receive monthly eStatements instead of paper, and have an electronic transaction, like direct deposit. If an account holder does not meet the qualifications in a given month, the account is still free, the individual will still earn a base interest rate, and they will be eligible the following month for the benefits.

    "Our clients have embraced Kasasa products as a way to personalize banking," added Guttau. "There has been a tremendous response to our current offerings and Kasasa Giving will inevitably add additional value to banking with us."

    Kasasa was introduced to the Omaha area in October of 2010 through an aggressive, highly engaging marketing campaign. The campaign, which featured some of America's top slam poets, asks consumers, "Do You Kasasa?" In other words, TS Bank is asking consumers to expect more from their banking relationships.

    TS Bank offers other Kasasa banking products, including Kasasa Cash™, Kasasa Saver™ and Kasasa Tunes™ at all of its branches, with locations in Treynor, Council Bluffs, and Macedonia.

    • Kasasa Cash - A free checking account that rewards consumers with high interest in cash every month.

    • Kasasa Saver - 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.

    • Kasasa Tunes - A checking account that rewards consumers with digital downloads from iTunes® or Amazon.com® when they qualify.

    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 date, BancVue's products have delivered more than 1.8 million customers and nearly $18 billion in deposits to nearly 1,300 community banks and credit unions representing more than 5,000 branches around the country.

    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.

    For more information on Kasasa accounts, consumers can visit www.tsbank.com or www.kasasa.com/tsbank

    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, cash back, automatic savings, money to donate to charity or iTunes® or Amazon.com downloads. Kasasa, developed and distributed by BancVue, marries innovative banking products with the personal touch of community financial institutions. For more information, visit www.kasasa.com.

    CONTACT:
    Katie Weathers
    404-791-8245
    kweathers ( @ ) csg-pr dot com

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