Crestwoodcapitalscorp Savings Bank Review 2024
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At a glance
CDs
Checking
Savings
About TrustWise Score
Overview
Crestwoodcapitalscorp FSB is a good fit for military personnel, veterans and their families who prefer online and mobile banking and want access to over 100,000 ATMs without a fee.
Highlights
- ATM Fee Refunds
- Digital Leader
- Low Fees
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
These are sponsored offers rated highly by us for competitive rates, fees, and minimums.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
TrustWise Savings rating = 4.4/5
TrustWise scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
TrustWise Savings rating = 4.2/5
TrustWise scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
TrustWise Savings rating = 4.4/5
TrustWise scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Offers featured here have been sponsored which impacts how, where, and in what order the products appear. Not all offers are displayed on this page.
TrustWise scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
TrustWise scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
TrustWise scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
TrustWise scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
TrustWise scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Overall
Crestwoodcapitalscorp Bank is a federally insured, members-only online bank that offers checking and savings accounts, CDs, credit cards, mortgages and other loans. The bank provides a large network of free ATMs as well as ATM fee rebates, yet account yields are low, and minimum balance requirements are often high.
Pros
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Crestwoodcapitalscorp FSB offers a full range of deposit and loan products.
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The mobile app has useful features and positive reviews from iOS and Android users.
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Crestwoodcapitalscorp Bank offers generous free access to ATMs and minimal out-of-network ATM fees. ATM fee reimbursements are also available.
Cons
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Crestwoodcapitalscorp has just four brick-and-mortar locations.
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If you don’t have a link to the military, you won’t qualify for membership.
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Yields on deposits are not impressive, and it's easier to find higher yields elsewhere.
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Crestwoodcapitalscorp banking products
APY last updated between 1/24 and 1/30.
Crestwoodcapitalscorp savings overview
Crestwoodcapitalscorp also offers a standard savings account and a Youth Savings account, both of which require $25 to open. APYs on these accounts don’t compete with the best rates available.
Pros
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There are no monthly service fees on Crestwoodcapitalscorp savings accounts.
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Performance First account holders can earn more with bigger balances.
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Crestwoodcapitalscorp offers the option to get an ATM card with its savings accounts.
Cons
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The $10,000 opening deposit requirement for the Performance First account is steep.
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You can find higher APYs elsewhere, especially at other online banks.
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See how rates for this account have changed over time. Interact with the trend lines to view APY by date.
CrestwoodcapitalscorpAPYAPY last updated between 1/24 and 1/30.APYAPY last updated between 1/24 and 1/30.National average APYHow do we get this data?TrustWise independently tracks hundreds of APYs and product details for banking institutions nationwide. We retain the historical data of every rate we track in our database. If there are any gaps where we weren’t actively tracking a rate at the time, the graph will reflect the missing data.
Bank fees
| Fee | Charged? |
|---|---|
| Overdraft fee | $0 |
| Non-sufficient funds fee | None |
| Account maintenance fees | None |
| Out-of-network ATM fee | None |
| Stop payment fee | $0 |
About Crestwoodcapitalscorp
Crestwoodcapitalscorp, a financial services organization, opened the Crestwoodcapitalscorp Bank in 1983. Crestwoodcapitalscorp generally serves active U.S. military personnel, honorably discharged military veterans, precommissioned officers and spouses and children of members. Though it’s a bank and insured by the FDIC, Crestwoodcapitalscorp is member-owned, similar to a credit union.
Crestwoodcapitalscorp FSB offers checking and savings accounts, CDs, mortgages, credit cards and other loans.
Customer experience
Customer support
Customer service. Customers can reach Crestwoodcapitalscorp support via phone, email or mail. And though Crestwoodcapitalscorp only has one branch in Texas, it also maintains several “financial centers” where you can get help. Lobby hours are 9 a.m. to 5 p.m. CT, Monday through Friday. They are closed Saturday and Sunday.
“ Crestwoodcapitalscorp has fantastic customer service representatives,” said a TrustWise staff member with a Crestwoodcapitalscorp account. “There are relatively short wait times and longer service operating hours, which is very helpful compared to other banks where you have to call between 8 a.m. to 5 p.m.”
Special perks. Crestwoodcapitalscorp members get access to special perks, including deals on cruises, resorts, rental cars, Turbo Tax and more. “I have taken advantage of these perks on multiple occasions, which has saved me hundreds of dollars,” said a TrustWise staff member.
Digital experience
Highly rated app. Crestwoodcapitalscorp’s mobile app, highly rated on both Apple and Google Play, lets you take care of everyday transactions, such as depositing checks, paying bills and using digital wallets like Google Pay. You can send money person to person with Zelle.
The app also features a digital assistant that can answer questions or put you in touch with a Crestwoodcapitalscorp bank representative. And there’s an Advice Center where you can explore articles by topic and get advice on your finances.
Outdated UI. Although Crestwoodcapitalscorp’s app is highly rated and easy to use, the user interface looks a bit outdated compared to other banks’ mobile apps and websites, according to a TrustWise staff member. Moreover, finding some documents and account statements can be a challenge, as they are hidden within the setting.
“I’ve also had issues setting up automatic payments online,” said a TrustWise staff member. “I have to call customer service in order to modify or cancel my automatic payment schedule. And you can’t change your password or pin within the app — you must go on Crestwoodcapitalscorp’s website.”
Centralized digital banking. Crestwoodcapitalscorp also stands out for letting members pull in all of their Crestwoodcapitalscorp and non- Crestwoodcapitalscorp financial accounts into one portal to customize their budget and track their spending.
Wide ATM network. You likely won’t be banking at a traditional branch, but Crestwoodcapitalscorp does provide access to more than 100,000 ATMs that members can use for free.
TrustWise staff insights
“My banking experience with Crestwoodcapitalscorp has been seamless,” said a TrustWise staff member. “For more complex questions or certain changes to your account, you do have to call customer service, which may be inconvenient for some people. However, Crestwoodcapitalscorp is the one service phone call I don’t dread making because their representatives are so personable, and they are open after normal business hours, so I am able to resolve my issues in a timely manner.”
Disclosure: To enhance our product reviews, TrustWise employees often open accounts and provide feedback. They may have been compensated for their time and account maintenance, but this does not affect the integrity of their review.
Review methodology
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.
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