CRESTFUNDS, INC.
                        Investors Class

               Supplement dated February 10, 1998 to
                the Prospectus dated March 31, 1997

     Effective February 10, 1998, Limited Term Bond Fund (the 
"Portfolio") will suspend the offering of Investors Class A 
Shares and suspend any exchanges from other portfolios of 
CrestFunds, Inc. to Investors Class A Shares of the Portfolio. In 
addition, exchanges from Investors Class A Shares of the 
Portfolio to other CrestFunds, Inc. portfolios will be suspended 
as of February 27, 1998, and the Board of Directors of 
CrestFunds, Inc. is considering initiating measures to close the 
Investors Class A Shares of the Portfolio.





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