Rates Effective: May 1st, 2012
Checking Rates
Crest Free Checking
| Balance to Earn APY |
Dividend Rate |
Annual Percentage Yield |
| N/A |
N/A |
N/A |
| N/A |
N/A |
N/A |
Crest Checkless Checking
| Balance to Earn APY |
Dividend Rate |
Annual Percentage Yield |
Crest Fresh Start Checking
Minimum Opening Deposit: $10.00
| Balance to Earn APY |
Dividend Rate |
Annual Percentage Yield |
Crest Incentive Checking*
| Balance to Earn APY |
Dividend Rate |
Annual Percentage Yield |
| $0.01 - $25,000.00 |
0.50% |
0.50% |
| $25,000.01 |
0.10% |
0.10% |
| N/A |
0.05% |
0.05% |
Crest Custom Checking
Minimum Opening Deposit: $2,000.00
| Balance to Earn APY |
Dividend Rate |
Annual Percentage Yield |
Fee |
| $2,000.00 - $15,000.00 |
0.10% |
0.10% |
$5.00 if balance is below $2,000.00 |
| $15,000.01 |
0.20% |
0.20% |
$5.00 if balance is below $2,000.00 |
Dividend calculations are daily balance method. Dividend period is based on monthly calendar. Dividends compounded and credited monthly. Credit Union Membership required unless noted. Credit union membership fee is $5.00.
* Crest Incentive Qualification Cycle Requirements. To receive certificate-like rate on balances up to $25,000, you must meet these easy monthly qualification cycle requirements:
- Twelve posted and cleared check card (debit) purchases
- Active enrollment in eStatements
On the portion of the balance above $25,000, you will receive the current savings rate. If monthly qualification cycle requirements are not met, you will receive 0.05% APY on your balance for that qualification cycle month. Fees may reduce earnings. ** ATM transactions do not count toward the 12 required purchases during the qualification cycle month. † Qualification cycle monthly requirements are from the first calendar day of a qualification cycle month to the last calendar day of the cycle month.
NOTICE OF CHANGES IN TEMPORARY NCUA INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS All funds in a "noninterest-bearing transaction account"* are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA's general share insurance rules. The term "noninterest-bearing transaction account" includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends, a negotiable order of withdrawal ("NOW") account, money-market deposit account, and Interest on Lawyers Trust Account ("IOLTA"), even if share drafts may be drawn on the account. *Crest Free Checking, Health Savings Checking, Crest Freshstart, and Crest Checkless Checking Accounts are the only accounts affected by this coverage change.
