Harborstone Credit Union: No One Takes Better Care of You

Harborstone Disclosures

On this page, you can find detailed information, policies, and guidelines that govern your deposit and loan accounts. Why keep our disclosures in one place? Simple. By maintaining a simple list of policies, you'll always have a single, accurate resource as you research your accounts. Please call (253) 584-2260 or 1-800-523-3641 if you have questions about any of the accounts we offer.

Rates, Fees, Truth-In-Savings Agreements








APY = annual percentage yield. The BreakFree Checking dividend rates are subject to change at any time. Earn a competitive annual percentage yield up to the maximum balance of $20,000. All balances earn the base annual percentage yield. Requires Online Banking login one time per month under the primary account holder's member number, one direct deposit or ACH withdrawal per month, and 12 debit card/POS transactions of $3 or more each month to earn BreakFree rates. Qualifying transactions must post to and clear by the last business day of the qualification month. Free ATMs nationwide. ATM foreign surcharge fees will be refunded monthly (excludes international ATMs, foreign ATM withdrawals, balance inquiries, and ATM deposit fees). Members not meeting requirements will not earn ATM foreign surcharge fee refunds. One account per member. $25 minimum opening deposit; no monthly minimum balance required.

BreakFree Checking dividends display on the monthly statement as two entries: "dividend credit" and "reward credit." The dividend credit is the base rate earned by all BreakFree members whether or not the account has met the reward rate criteria for the statement cycle. If the criteria for the bonus rate have been met, a second entry will display the reward credit. Because the base dividend has already been paid, the reward credit will be calculated as the reward rate less the base rate. Monthly statements display the annual percentage yield earned (APYE) and can vary from the account's stated annual percentage yield. Since BreakFree offers 0.05% for the entire balance and 1.97% for qualifying balances up to $20,000, the APYE will reflect the "blending" of these two. Account-open days, deposits, and withdrawals will all affect the APYE. The higher the balance gets over $20,000, the lower the APYE gets, since there is more low-rate money blended with the first $20,000, earning the higher rate. Members who experience this shouldn't be concerned because they're still earning Harborstone's best rate when they qualify on their balances up to $20,000.

Ultimate Value Checking

APY = annual percentage yield. The Ultimate Value Checking dividend rates are subject to change at any time. Tiered dividends earned on entire balance, are calculated daily, and paid monthly. Ultimate Value Checking account holders receive up to 10 free withdrawals per month at non-Harborstone ATMs ($1 per withdrawal thereafter). Harborstone Credit Union is not responsible for surcharge fees assessed by ATM owners.

Benefits Plus is free for Ultimate Value Checking account holders. Benefits Plus is available for all members at $2.50 per month. Enroll online for Benefits Plus at benefits-plus.org.

Teen Checking

Teen Checking account holders receive up to 10 free withdrawals per month at non-Harborstone ATMs ($1 per withdrawal thereafter). Harborstone Credit Union is not responsible for surcharge fees assessed by ATM owners.


There is a penalty for early redemption of a certificate, which may affect the principal amount of your certificate. Early-withdrawal penalties are equal to 90 days of dividend earnings. Rates and terms may change at any time. All of your Harborstone combined savings, checking, money market, and certificates are insured to $500,000, including $250,000 by the National Credit Union Administration, an agency of the federal government, and an additional $250,000 by Excess Share Insurance, a private insurer. You can access funds when needed without closing the entire certificate as long as minimum opening balance is maintained for partial withdrawal.

Money Market

Select Money Market account dividends are calculated daily and paid monthly on the daily money market account balance. Dividend rates are variable and may change weekly, usually on Thursdays. A maximum of six withdrawals per month is allowed. A maximum of three checks can be written per month. There is a $20 early-closure fee when account is closed within the first 90 days after opening. A fee of $8 will be charged monthly when balance falls below $1,000.

Home Loans

Harborstone Credit Union originates home loans in partnership with Credit Union Home Mortgage Solutions (CUHMS). All loans subject to approvals. Your loan rate will be based on your credit qualifications and the amount and term of your loan. All property must be located in Washington.

Reverse Mortgage

Reverse mortgage services are offered through Reverse Mortgage Solutions, Inc. dba Security 1 Lending, a Delaware corporation licensed by the Washington Department of Financial Institutions and approved as a mortgagee by the Federal Department of Housing and Urban Development to originate reverse mortgage for Harborstone member. CL-107636.

Government Home Loans

Government programs are offered through Caliber Home Loans. All loans subject to approvals. Your loan rate will be based on your credit qualifications and the amount and term of your loan.

Stars and Stripes

Current annual percentage yield for savings is effective as of February 2, 2012 and subject to change. APR = annual percentage rate. Special 0% APR Visa® introductory rate applies to Visa Bonus Rewards and Visa Bonus Rewards PLUS during the first six months or Visa Platinum cards during the first 12 months when you open your new card. After the introductory period, the rate will increase to the current APR. As of December 8, 2012, the undisclosed variable APR for purchases or balance transfers is prime + 6.74% to 14.74% (depending on your credit history). Transaction fees: Balance transfer, convenience check, cash equivalent, and cash advances—either $5 or 3% of the amount of each balance transfer or convenience check amount, whichever is greater; either $20 or 4% of the amount of each cash equivalent transaction, whichever is greater; either $10 or 4% of the amount of each cash advance, whichever is greater. Foreign transaction fees: 2% for purchase/ATM transactions in U.S. dollars; 3% for transactions in foreign currency. Rewards cash back is in the form of a statement credit. Harborstone may offer other rates and terms at any time. To receive special deployment package, the active duty military person must come into a Harborstone Credit Union branch before departure and register. For skip-a-pay coupon, loan account must be current and in good standing. Foreign ATM reimbursements may be made on withdrawals from Iraq ATMs during deployment time. You must provide a receipt before reimbursement will be given.

Credit Cards

The creditor and issuer of these Cards is Elan Financial Services, pursuant to separate licenses from Visa U.S.A. Inc. and American Express.

Vehicle Loans

Your loan rate will be based on your credit qualifications and the amount and term of your loan. All loan approvals and collateral must meet Harborstone Credit Union lending policies. Harborstone Credit Union may offer other rates and terms at any time. A 25% down payment is required for RV loans that exceed $35,000. A 15% down payment is required on all motorcycles.

Harborstone Investment and Insurance

Harborstone Investments and Insurance is a marketing name for Cetera Investment Services. Securities and insurance products are offered through Cetera Investment Services LLC, member FINRA/SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Investments are: • Not FDIC/NCUSIF insured • May lose value • Not financial institution guaranteed • Not a deposit • Not insured by any federal government agency. Cetera is not affiliated with the financial institution where investment services are offered.

View the Cetera Investment Services Privacy Policy and other Important Information.

Financial Professionals are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.

Trust Services

Trust services provided by MEMBERS Trust Company. Trust and Investment products are not federally insured, are not obligations of or guaranteed by the credit union or any affiliated entity, involve investment risks, including the possible loss of principal.

Overdraft Protection and Extended Overdraft Protection

Overdraft Protection and Extended Overdraft Protection are noncontractual and discretionary. It is not a Harborstone Credit Union obligation, and Harborstone may refuse to provide the service on any checking account at any time. The member does not have a contractual right to overdraft protection, nor is it guaranteed by the extended overdraft policy. Maintaining an account in good standing is defined as making regular deposits to sufficiently cover transactions, bringing account to a positive balance at least once every 15 days, and having no outstanding legal orders to the contrary. The $30 fee is charged per debit/POS, ATM, NSF check, and ACH transaction overdrawing the account. All checking accounts 31 days old or older in good standing are eligible. If funds are available in your savings account, we will first transfer funds from your savings account to pay items if the checking account balance is insufficient; however, it may not transfer more than six times in any one month to cover your negative balance. There is a limit of six total fees we can charge for overdrawing your account in a single day, with a maximum total of up to $180 in overdraft fees per day. You may revoke this benefit at any time by visiting your local branch, calling Harborstone Member Services at (253) 584-2260 or 1-800-523-3641, or sending a secure email from your Online Banking account.


By signing and participating in Harborstone's Skip-A-Payment program, you agree to and understand the following: Loans must be established with at least three consecutive payments made from the new loan disbursement or since the last payment skipped to be eligible. Delinquent or bankruptcy accounts are not eligible. By skipping your loan payment for one month, you authorize Harborstone Credit Union to extend your final loan payment. Finance charges will continue to accrue on your unpaid balance. You authorize us to debit $40 per loan as a processing fee from your Harborstone checking or savings account. All accounts must be in good standing to take advantage of this offer. Not all vehicle loan types will qualify. First mortgages, credit cards, home equity lines of credit, second mortgages, personal lines of credit, business loans, and loans with remaining terms of six months or less do not qualify. Harborstone Credit Union reserves the right to deny any Skip-A-Payment request. If you are not approved for the Skip-A-Payment, you will be notified in writing. Maximum of two Skip-A-Payments per rolling calendar year, with a lifetime maximum of no more than the number of years the loan is booked. For example, if the loan term is five years (60 months), the maximum is five Skip-A-Payments. Coupon must be signed by member to be valid. The credit union reserves the right to determine if prior subsequent actions may disqualify your loan. The $40 fee may not be added to the loan. If you elected GAP or warranty coverage, the coverage will not be extended beyond the original maturity date. Skip-A-Payment offer expires December 31, 2015.

Business Services

To be eligible for membership as a business owner at Harborstone, you must have a valid Washington State business license and satisfy our business account requirements. To get started, please request information using our online contact form, call (253) 583-9727 or 1-800-634-6506, or stop by any Harborstone branch location.

  • Verified by VISA
  • Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.
  • Equal Housing Opportunity
  • Harborstone Credit Union is a BBB Accredited Credit Union in Lakewood, WA
(253) 584-2260 OR 1-800-523-3641
P.O. BOX 4207, TACOMA, WA 98438-0207