Peak Account
Gold Checking has been transformed into the Peak Account, representing the summit of our digital products. You will continue to enjoy all the existing features, including the ability to earn up to 3.30% APY*.
Exciting update! Now, you can qualify by completing a combination of at least 12 card transactions, including Visa Credit Card transactions on the same account as your Peak Account. Just do 12 Credit or Debit transactions, or a mix of both, and you're on your way to even more savings!
Essential Account
Our Classic Checking account is now the Essential Account. You will continue to enjoy all the existing features such as Debit Cards, Direct Deposit, Checks, and more. This account is designed to meet your essential financial needs, providing a solid foundation for managing your finances effectively.
Launch! Account
Formerly known as Varsity Checking, the Launch! Account is tailored for our younger members aged 13-17. These accounts offer the same great features, including parent/guardian-authorized Debit Cards, Mobile Deposit, and more. The new names symbolize the beginning of an exciting financial journey, filled with opportunities for growth and learning.
Launch! Savings
Formerly known as Varsity Savings, the Launch! Savings Account is tailored for our younger members aged 13-17. These accounts offer the same great features, including parent/guardian-authorized Mobile Deposit and more. The new names symbolize the beginning of an exciting financial journey, filled with opportunities for growth and learning.
Frequently Asked Questions
Will my account number change?
No, your account number will remain the same.
Will I need a new debit card?
No, you can continue to use your existing debit card.
Can I still write checks?
Yes, you can still write, cash, and deposit checks using your new Peak Account, Essential Account, or Launch! Account.
Will my Direct Deposit or Bill Pay be impacted?
No, all Direct Deposit and Bill Pay transactions will remain unaffected.
If I don’t have a VISA Credit Card, can I still earn the 3.30% APY*?
Yes, you can still qualify using 12 Debit Card transactions. Interested in applying for a VISA? Learn More
Do I need to do anything?
No, we are only changing the names of the account to help showcase all of their digital features. If you have a Peak Account you should consider adding a VISA card to earn your interest faster.
Thank you!
Thank you for being a valued member of Kitsap Credit Union. We believe these updates will greatly enhance your banking experience. If you have any questions or need further assistance, please do not hesitate to contact us.
Disclosures
* APR = Annual Percentage Rate. APR is accurate as of 4/25/2025 and subject to change.
Monthly qualifications apply to earn stated rate, refer to Rate & Fee Schedule for more information. $25 minimum deposit required to open account and fees may reduce earnings. The qualification period runs from the 1st day of the month until the last day of the month. Qualified Rate for Peak Account is 3.30% APY on the first $15,000, 0.05% APY on remaining balances. If qualifications are not met, the account earns the Non-Qualifying Base Rate of 0.00% APY and is not eligible for ATM fee refunds for that qualification period.
Monthly qualifications: (1) Complete 12 or more in-person or online point-of-sale (POS) transactions or debit or credit card purchases (excluding recurring payments set up on the debit or credit card) that post and clear by close of business on the last day of month. Qualifying credit card transactions must be made with a credit card that is under the same Primary Membership Account as the Peak Account; (2) Sign up for electronic account statements (e-statements) by the last day of the month; and (3) Complete a qualifying Electronic Transaction that posts by the last day of the month: Receive a direct deposit, conduct an outgoing ACH transaction, or perform an online payment using our Bill Pay service. Peak Account is available for personal accounts only and is limited to one per Tax ID number.