Tuesday, July 25, 2017  

EVB's KASASA: A Catchy Name for Banking Convenience


KASASA sounds like the latest dance sensation at the club, and it may have EVB customers dancing all the way to the bank. Nearing the one year anniversary of its launch last August, Kasasa is a convenient line of checking products for customers who are looking for a banking option that rewards them for banking with EVB.
One of the best assets of the program is its phenomenal interest rate. With Kasasa cash, customers can earn up to 2.25 percent annual percentage yield (APY) on balances up to $15,000. Kasasa also rewards patrons with refunds on nationwide ATM fees, up to $25 per month.
Kasasa Cash Back offers cash back on debit card purchases each month, giving it an edge over other options that restrict cash back options to specific categories like dining or entertainment. Kasasa makes saving money easy. Savings options are available to Kasasa customers who have either a cash or cash back checking account. By adding Kasasa saver, customer reward balances are automatically transferred into their free savings account, which offers really high rates on savings. For those who are looking for digital rewards, Kasasa Tunes offers patrons $10 each month to use on iTunes, Amazon, or the Google Play Store. Monthly requirements for the rewards are simple, everyday actions that customers are already doing such as enrolling in e-statements.
Kasasa offers a free Visa debit card with free mobile banking and online bill pay. There is no monthly service fee and no minimum balance requirement. A Kasasa checking account allows paperless banking by providing environmentally friendly e-statements that can be accessed 24/7 and can be downloaded for permanent digital storage. These paperless statements are secure and even recommended by identity theft experts, since most identity theft occurs through mail and improperly discarded personal documents.
Kasasa is a national brand of products that is offered exclusively to community banks, like EVB. Currently, EVB is the only bank in the area with Kasasa, and customers are excited to have the ability to choose the checking account that best suits their needs.
With more and more customers discovering the convenience of  KASASA checking, EVB may be onto something that will have everyone dancing all the way to the bank, only they won’t need to dance very far because they will have everything they need for a successful banking experience right at their fingertips.
EVB, operates twenty-four full service branches, two drive-in facilities, and one loan production office located in the following cities and counties in eastern Virginia: Chesterfield, Colonial Heights, Essex, Gloucester, Hampton, Hanover, Henrico, King William, Lancaster, Middlesex, Newport News, New Kent, Northumberland, Southampton, Surry, Sussex and Williamsburg. EVB’s range of financial services includes traditional banking services along with investments, mortgages, and insurance.
EVB traces its history to the combination of its three predecessor banks in 2006 – Southside Bank and Bank of Northumberland, Inc., both established in 1910, and Hanover Bank, established in 2000. Today, EVB is a community bank targeting small to medium-sized businesses and consumers. EVB is a state leader in SBA lending and is the only bank in the Commonwealth of Virginia offering a fully integrated program called P.O.W.E.R. that focuses on women entrepreneurs and women in business.
For more information about EVB, please visit www.bankevb.com. The Company’s stock trades on the NASDAQ Global Select Market under the symbol EVBS. Member FDIC. Equal Housing Lender.