Pacific Crest Bank

3500 188th Street SW, Suite 575
Lynnwood, WA 98037
800-335-4126
www.paccrest.com

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Pacific Crest Savings Bank was established in 1984 as Phoenix Mortgage and converted to a Washington State-charted, federally insured savings bank in 1998. Pacific Crest Savings Bank combines the advantages of independent ownership with three decades of experience to offer the highest level of customer service.

$125 Checking Account Promotion & High Interest Checking at Pacific Crest Bank in WA - Local Only - 3/25/2010

Pacific Crest Bank in Washington State is offering a $125 bonus for opening its free checking account, initiating direct deposit and making 5 debit card purchases. The offer is listed in the bank's p ...

3.10% 10-Month CD at Pacific Crest Savings Bank in Washington State - Local Only - Update - 8/5/2009

Pacific Crest Savings Bank is again listing a 10-month CD special with a 3.10% APY. Minimum deposit is $2,000, and there is no maximum deposit. It requires a checking account with direct deposit from payroll or Social Security. The special is listed at...

3.10% 10-Month CD at Pacific Crest Savings Bank in Washington State - Local Only - 4/9/2009

Update 5/09/09: The 10-month CD special has ended. Please check the bank's website for the latest rates and specials.Pacific Crest Savings Bank is listing a 10-month CD special with a 3.10% APY. Minimum deposit is $2,000. It requires a checking account...

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See Rates for: Checking | Money Market | CD | IRA

Pacific Crest Bank Checking Account Rates

Apy	Min	Max	Product
0.75%	$10k	-	Interest Plus Checking
0.75%	$10k	-	401(k) Plan Checking
0.75%	-	-	Business Plus Checking
0.50%	$2,500	-	Interest Checking

Pacific Crest Bank Money Market Rates

Apy	Min	Max	Product
0.70%	$50k	-	Personal Money Matket Account
0.70%	$50k	-	Business Money Market Account
0.70%	$50k	-	IRA Money Matket Account

Pacific Crest Bank CD Rates

Apy	Min	Max	Product
1.80%	$2k	-	5 Year CD
1.60%	$95k	-	5 Year Jumbo CD
1.30%	$2k	-	3 Year CD
1.10%	$95k	-	3 Year Jumbo CD
0.90%	$2k	-	2 Year CD
0.70%	$95k	-	2 Year Jumbo CD
0.60%	$2k	-	1 Year CD
0.45%	$2k	-	6 Month CD
0.40%	$95k	-	1 Year Jumbo CD
0.30%	$2k	-	3 Month CD
0.25%	$95k	-	6 Month Jumbo CD
0.10%	$95k	-	3 Month Jumbo CD

Pacific Crest Bank IRA Rates

Apy	Min	Max	Product
1.80%	$2k	-	5 Year IRA
1.80%	$2k	-	5 Year Roth IRA
1.30%	$2k	-	3 Year IRA
1.30%	$2k	-	3 Year Roth IRA
0.90%	$2k	-	2 Year IRA
0.90%	$2k	-	2 Year Roth IRA
0.60%	$2k	-	1 Year IRA
0.60%	$2k	-	1 Year Roth IRA
0.45%	$2k	-	6 Month IRA
0.45%	$2k	-	6 Month Roth IRA
0.30%	$2k	-	3 Month IRA
0.30%	$2k	-	3 Month Roth IRA

Rates updated: 2/10/2012

Data for Q3 2011

Institution Statistics

Pacific Crest Savings Bank
FDIC Certificate #	34585
BankRate Report	View
Year Established	1998
Employees	16
Primary Regulator	FDIC
Assets and Liabilities
Assets	$159.27 million
Loans	$118.94 million
Deposits	$121.45 million
Equity Capital	$14.77 million
Loan Loss Allowance	$1.89 million
Unbacked Noncurrent Loans	$5.34 million
Real Estate Owned	$914,000
Historic Data - September 2010
Assets	$158.65 million
Equity Capital	$14.07 million
Loan Loss Allowance	$2.27 million
Unbacked Noncurrent Loans	$8.37 million
Real Estate Owned	$417,000
Profit Margin - Quarterly
Net Interest Margin	3.55%
Return on Assets	0.04%
Return on Equity	0.44%
Interest Income	$5.86 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Pacific Crest Bank had $6.26 million in non-current loans and owned real-estate with $16.65 million in equity and loan loss allowances on hand to cover it. This gives Pacific Crest Bank a Texas Ratio of 37.57% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Pacific Crest Bank decreased slightly from 53.81% as of September 30, 2010 to 37.57% as of September 30, 2011, resulting in a positive change of 30.18%.This indicates that the balance sheet and financial strength for Pacific Crest Bank has improved slightly in recent periods.
Deposit Growth
In the past year, Pacific Crest Bank has increased its total deposits by $462,000, resulting in 0.38% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Pacific Crest Bank has shown is average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Pacific Crest Bank has $159.27 million in assets with $16.65 million in equity, resulting in a capitalization level of 10.46%, which is above average.