Checking

WHAT IS KASASA: Kasasa™ (https://www.kasasa.com/pioneerbank) is a completely new kind of banking that puts consumers first.

Offered exclusively by the finest community banks and credit unions.
It's a win-win for consumers because they receive innovative products and personal service.
Pioneer Bank’s Kasasa accounts include:
- Kasasa Cash™ - A free checking account that pays consumers massive interest in cash and ATM fee refunds every month.
- Kasasa Saver™ - A free saver account where the massive interest and ATM fee refunds earned by Kasasa Cash are automatically deposited into an interest bearing saver account.
- Kasasa Tunes^TM - A free checking account that gives account holders free iTunes® download credits for every month they qualify.

Kasasa was developed and is distributed by BancVue, the leading provider of innovative products, dynamic marketing, and data-driven consulting solutions to the finest community banks and credit unions nationwide.

Kasasa Cash

Kasasa Cash Logo Open Now! *2.51% Annual Percentage Yield

Kasasa Cash is a free checking account that pays massive interest in cash every month with no minimum balance, no monthly fees, free online banking and bill pay and nationwide ATM fee refunds.

REWARDS:

Massive rate of interest
Nationwide ATM fee refunds
No minimum balance
No monthly fees
Free online banking
Free online bill pay
Free debit card
Free personalized checks (Kasasa design only)
Interest compounded and credited monthly

QUALIFICATIONS:

Accountholders receive rewards by meeting simple monthly qualifications:

Have at least 12 debit card point-of-sale transactions post and clear per "qualification cycle"
Have one direct deposit or ACH automatic payment post and clear per "qualification cycle"
Enroll and receive your monthly account statement electronically

Qualification cycle - "Qualification cycle" means a period beginning one business day prior to the first day of the current statement cycle through one business day prior to the close of the current statement cycle.

If an accountholder does not meet the qualifications in any given month, Pioneer Bank will alert the individual, who will still receive a base interest rate and the accountholder will be eligible the following month for the benefits, upon qualification. You still enjoy a free checking, there's no penalty for not qualifying in a given month and you can try again next month.

*Annual Percentage Yield (APY) accurate as of 1/12/2012. Minimum to open account is $1.00. Rate tiers are as follows: 2.51% APY applies to balances of $.01 - $15,000 and .50% APY applies to balances over $15,000 as long as qualifications are met each statement cycle. 0.05% APY applies to all balances if qualifications are not met. All balances will earn 2.51% - .50% as long as qualifications are met. Rates may change after the account is opened. Fees may reduce earnings. Qualifying transactions must post and clear the account during the monthly qualification cycle. Each qualification cycle ends one day prior to the end of your statement cycle. Transactions may take one or more business days from the trannsaction date to post to and clear an account from the date the transaction is made. Intra-bank transfers do not count as qualifying transactions. ATM withdrawals do not count towards qualifying debit card transactions. ATM fee reimbursements up to $5 per transaction and $25 per statement cycle are provided only if qualifications are met during the monthly qualification cycle. The Kasasa Cash APY is based on compounding interest. If the interest earned in Kasasa Cash is automatically transferred to Kasasa Saver each statement cycle the interest in Kasasa Cash does not compound. The actual interest amount paid could be less than the advertised APY. The Kasasa Saver APYs may be less than the Kasasa Cash APYs.

Kasasa Tunes

Open Now!

Kasasa Tunes is a free checking account that gives consumers free iTunes® downloads every month along with no minimum balance, no monthly fees, free online banking and bill pay and nationwide ATM fee refunds.

REWARDS:

Monthly iTunes® downloads (e.g. music, movies, TV shows, iPhone apps)
Nationwide ATM fee refunds (up to $25 per statement cycle; $5 per transaction limit)
No minimum balance
No monthly fees
Free online banking and bill pay
Free debit card
$1 minimum required to open

QUALIFICATIONS:

Accountholders receive rewards by meeting simple monthly qualifications:

Have at least 12 debit card point-of-sale transactions post and clear per "qualification cycle"
Enroll and receive your monthly account statement electronically

Qualification cycle - "Qualification cycle" means a period beginning one business day prior to the first day of the current statement cycle through one business day prior to the close of the current statement cycle.

If an accountholder does not meet the qualifications in any given month, Pioneer Bank will alert the individual, who will still receive a free checking account and the accountholder will be eligible the following month for the added benefits, upon qualification.

Earn up to $10 in iTunes® and/or Amazon®/Amazon.com® download refunds with initial account opening regardless of qualifications. Account opening download refunds must be redeemed within 60 days of account opening by making download purchases at iTunes® or Amazon®/Amazon.com®. Earn up to $5 in iTunes® and/or Amazon®/Amazon.com® download refunds each cycle the minimum qualifications are met. Download refunds must be redeemed within 30 days of the end of the respective qualifying cycle. Downloads must be purchased with your debit card associated with your KasasaTunes™ account. Qualifying transactions must post and clear the account during the monthly qualification cycle. Each qualification cycle ends one day prior to the end of your statement cycle. Transactions may take one or more business days from the transaction date to post to and clear an account from the date the transaction is made. Intra-bank transfers do not count as qualifying transactions. ATM withdrawals do not count towards qualifying debit card transactions. ATM fee reimbursements up to $5 per transaction and $25 per statement cycle are provided only if qualifications are met during the monthly qualification cycle. All download refunds redeemed each cycle will be deposited to your account at the end of each statement cycle. iTunes is a registered trademark of Apple, Inc. and Amazon.com is a registered trademark of Amazon Inc. Apple Inc. and/or Amazon Inc. are not participants in or sponsors of this program.

Pioneer Preferred

Account features

Pioneer Preferred Interest Checking at an annual percentage yield of 1.25% above our Interest Checking. Annual percentage yield as of September 20, 2010 is 1.31%.
Free debit card
Free online bill pay
Free personalized checks
.50% bonus interest rate on any one certificate of deposit opened or renewed each year.
$10 cash at account opening or conversion.

Account specifics

A minimum balance fee of $5 will be charged every month the daily balance drops below $200 any day of the month.
A fee of $.15 per debit transaction will be imposed if the daily balance drops below $200 any day of the month.
Monthly statements.
Interest is compounded and credit to your account monthly.
$200 required to open.
Fees could reduce earnings.
Customer must present coupon to receive bonus rate on CD. Annual coupons will be provided in January to qualified account holders.
Free personalized checks (limited to customer choice of Deluxe Checks Specialty options).
$1 per statement Paper Statement Fee
Rate may change at our discretion

Account requirements
To qualify, customer must have at least one account at Pioneer Bank from at least five of these groups:

Checking
Savings
Certificate of Deposit
Home mortgage loan (if secondary market, originated in the past three years)
Home equity loan
Consumer loan
Ag or business loan
IRA, Keogh or SEP
Health Savings Account
Direct Deposit (of any regular payment, i.e. Social Security, payroll, etc.)
Safe deposit box
Credit card
Electronic business banking (Cash Management, Remote Deposit Capture, Merchant Services)
Crop insurance (through Citizens Financial Services)
Minnesota Financial Services relationship

Simple Checking

A fee of $.15 per debit transaction will be charged for each transaction after 15 transactions each month
$3.00 per month service charge
Monthly statement with images
$100 minimum required to open
$1 per statement Paper Statement Fee

Interest Checking

A minimum balance fee of $5.00 will be charged every month the daily balance drops below $200 any day of the month
A fee of $.15 per debit transaction will be imposed if the daily balance drops below $200 any day of the month
Monthly statement with images
Interest is compounded and credited to your account monthly
All fees will be waived if you maintain a $1,000 average daily balance in a checking or savings account each month
$200 minimum required to open
$1 per statement Paper Statement Fee
Fees may reduce earnings
Rate may change at our discretion

Business Checking

A monthly earnings credit may defray service charges
$3.00 per month service charge
A fee of $.15 per debit transaction
A fee of $.03 for each check deposited
$100 minimum required to open
Monthly statement with image
$1 per statement Paper Statement Fee