Important account changes ahead.
We regularly review our accounts to ensure they are easy to use, competitive, and meet our customers’ needs. As part of this review, we are updating our checking & savings account options.
What’s changing
- Some older account types are being retired
- New account options are being introduced
- Certain existing accounts will automatically move to updated accounts
What this means for you → No action is required from you.
- Your account number, debit card, checks, and online banking will remain the same.
- The chart below details how current accounts will transition on the effective date
|
Current Account Type |
Converted Account Type |
Effective Date |
|
Interest Checking, Simple Checking, eInterest Checking |
Yes! Free Checking | July 1, 2026 |
| Kasasa Cash | Yes! Free Checking |
June 11, 2026 |
|
Bright Interest Checking, Kasasa Cash Plus |
Pioneer Cash | June 11, 2026 |
|
Kasasa Cash Back |
Pioneer Cash Back | June 11, 2026 |
| Kasasa Saver | Regular Savings |
June 11, 2026 |
| Kasasa Saver Plus (Cash Back & Cash Plus) | Pioneer Saver |
June 11, 2026 |
Converted Account Type Terms and Conditions:
"Yes! Free Checking" is a free checking account with free paper statements, free debit card, no qualifications, no service fees, and no interest earned.
“Regular Savings” terms and conditions for “Kasasa Saver” accounts converting to “Regular Savings” accounts on June 11, 2026:
-
- Interest Rate & Annual Percentage Yield (APY):
- The Regular Savings account is a variable interest rate account currently earning 0.35% interest rate and APY which is compounded and credited quarterly.
- Limitations and Fees:
- Nine free debit transactions per quarter, $1.00 excess withdrawal fee per debit transaction thereafter
- $5.00 service charge if the balance drops below $200.00 any day of the quarter
- Interest Rate & Annual Percentage Yield (APY):
Complete terms and conditions for accounts converting to:
Due to the account conversion, you may receive two statements in the same statement cycle.
If you have questions or would like to discuss your account options, please call us at 507-375-3201 or visit any Pioneer Bank location.
