Every time you refer family and friends to a Farmers Bank Kasasa checking1, you and your friend could both get $25! It’s a win-win! Simply ask them to fill out the form below and a Personal Banker will follow up with them OR they can open an account online today! Don't wait...this offer ends May 31!
Kasasa Cash Back® Open Online Kasasa Cash® Open Online
Not sure which Kasasa® is right for you? Click here to learn more.
Banking That Puts You First!
Your friend thinks you'll love Kasasa®!
Get a FREE checking that earns you rewards! Enter your details below and we'll follow up with more info.
*Promotion runs from April 7, 2025 – May 31, 2025, and is not offered to commercial customers/accounts. How it works: An existing Farmers Bank checking account customer refers a friend/family member to the online referral form or Farmers Bank (125 W. 4th Street, Spencer, IA) to open a Kasasa Cash® or Kasasa Cash Back® checking account. The newly referred customer must meet all offer criteria as outlined below. By participating in this program, each party may be aware that the other is a Farmers Bank customer. The newly referred customer must sign a Referral Program Release. More friends to refer? You can earn up to 5 referral bonuses (totaling $125) per calendar year. The promotion may be discontinued or changed at any time without notice. Farmers Bank Employees and family members are not eligible.
To qualify for the $25 Refer a Friend Bonus, the newly referred customer must open a Kasasa Cash® or Kasasa Cash Back® checking account AND receive a direct deposit of $250 or more into the new Kasasa checking account within 60 days of account opening AND complete a minimum of twenty-four (24) qualifying debit card purchases within 60 days of the account opening date. Must be 18 years or older. Qualifying direct deposits include your paycheck, pension, government benefits (such as Social Security), or other eligible regular monthly income from your employer or the government electronically deposited into your checking account of at least $250 each. Person-to-Person and bank transfers between your Farmers Bank and any other accounts you have at other financial institutions or brokerages do not qualify. ATM withdrawals do not qualify as debit card purchases. All accounts are subject to Farmers Bank’s approval process and account opening requirements.
Once offer criteria has been met, the bonus will be credited into the newly referred customer’s Kasasa Cash® or Kasasa Cash Back® Checking account and the referring customer’s personal checking account no later than 90 days from the new account opening date. Accounts must remain open, active, and in good standing in order to receive the bonus. If the checking account is closed by the customer or Farmers Bank within 6 months after account opening, Farmers Bank does reserve the right to deduct the bonus amount from that account at closing. Farmers Bank may issue you an IRS Form 1099-MISC, or other appropriate forms reporting the value of the Bonus. Referring customers may receive up to five (5) Refer a Friend Bonuses ($125 total value) within a calendar year.
1Kasasa Account Information: Account approval, conditions, qualifications, limits, time frames, enrollments, log-ons and other requirements apply. A $100.00 minimum deposit is required to open a Kasasa Cash® or Kasasa Cash Back® checking account. Limit of 1 account per Social Security Number. There are no recurring monthly maintenance charges or fees to open or close a Kasasa Cash® or Kasasa Cash Back® checking account. No minimum balance is required to earn or receive the account’s rewards. Rewards of less than a penny cannot be distributed. Fees may reduce earnings. APY = Annual Percentage Yield. APYs accurate as of October 17, 2024. APY calculations are based on an assumed balance of $25,000 + $100,000 in your Kasasa account and an assumed statement cycle of thirty-one (31) days. Kasasa Cash®: When Kasasa Cash® reward qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $25,000.00 in your Kasasa Cash® account earn an interest rate of 3.45% resulting in an APY of 3.50%; and daily balances over $25,000.00 earn an interest rate of .25% on the portion of the daily balance over $25,000.00, resulting in a range from 3.50% to .90% APY depending on the account’s daily balance. When Kasasa Cash® reward qualifications are not met the entire daily balance in the account will be .05% resulting in an APY of .05%; Interest will be credited to your Kasasa Cash® account on the last day of the current statement cycle. Kasasa Cash Back®: When Kasasa Cash Back® reward qualifications are met during a Monthly Qualification Cycle, you will receive 3.00% cash back up to a total of $300.00 debit card purchases that post and settle to the account during that cycle period. A maximum of $9.00 cash back payments may be earned per Monthly Qualification Cycle. When your Kasasa Cash Back® reward qualifications are not met, no cash back payments are made. Kasasa Cash® or Kasasa Cash Back® Reward Qualifications: To earn Kasasa Cash® or Kasasa Cash Back® rewards, the following enrollments must be in place and all transactions and activities must post and settle to your Kasasa account during each Monthly Qualification Cycle: At least one (1) Direct Deposit, ACH credit or ACH payment transaction, At least 12 debit card purchases, Be enrolled in and have agreed to receive eStatements rather than paper statements, Maintain a valid email address on record with the bank. Account transactions and activities may take one or more 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 our bank 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) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. ATM REWARDS: You will receive reimbursements up to an aggregate total of $20.00 for nationwide ATM withdrawal fees incurred within your Kasasa account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction. When Kasasa account qualifications are not met, ATM withdrawal fees are not refunded.