fbpx
Progressions Credit Union

 

 

Accounts

Checking Accounts

Progressions Credit Union offers a variety of checking accounts to fit your needs. Accounts that will grow with you throw all of life’s stages.

All Checking Accounts Have:

Basic Checking
  • No minimum balance
  • No dividends earned
  • Check printing varies

Learn More

Prime Checking
  • Earns dividends (see Rates)
  • $10,000 minimum balance
  • Free check printing

Learn More

Kasasa Cash® Checking
  • Earns really high dividends
  • Earns ATM withdrawal fee refunds*
  • Easy-to-meet qualifications
  • Check printing varies

Learn More

Kasasa Cash Back® Checking
  • Earns refunds on Debit Card purchases
  • Earns ATM withdrawal fee refunds*
  • No minimum balance
  • Easy-to-meet qualifications
  • Check printing varies

Learn More

Savings Accounts

Progressions Credit Union offers savings accounts options to help you build for the future.

 All Savings Accounts Have:

Basic Savings
  • Moderate dividends
  • No minimum balance

Learn More

Kasasa Saver
  • Free account that builds your savings effortlessly
  • Links to a Kasasa Cash or Kasasa Cash Back checking account
  • Earn high dividends on select Kasasa Cash or Kasasa Cash Back rewards
  • No minimum balance requirement
  • No monthly maintenance fees
  • No minimum deposit to open

Learn More

Prime Savings
  • Made for larger savings account balances
  • Must be connected with a Prime Checking account
  • $25,000.00 minimum to open

Learn More

SmartMarket
  • Higher dividends
  • Money Market account
  • $2,000.00 minimum balance to earn dividends

Learn More

YES! Christmas
  • Higher dividends
  • No minimum balance
  • Funds transfer on October 15th

Learn More

YES! Savings
  • Made for building savings habits
  • Higher dividends up to $2,000.00
  • Continue to earn dividends by depositing $25.00 every month
  • No minimum balance

Learn More

Youth Accounts

Progressions Credit Union offers accounts for everyone no matter what age. We believe it is important to teach kids healthy money habits.

All Youth Accounts must be co-owned by a parent or legal guardian.

SmartBaby

For Kids Ages 0-1

  • We deposit $5.oo upon opening
  • No monthly maintenance fees
  • Earns dividends

Learn More

Junior Club

For Kids Ages 1-13

  • Earns dividends
  • No monthly maintenance fees
  • Free prize every 5th deposit
  • Eligible to enter our annual Coloring Contest and win a cash prize
  • $5.00 minimum to open

Learn More

boom! Account

For Youth Ages 13-18

  • Earns dividends
  • No monthly maintenance fees
  • Free 24/7 Access
  • Includes a Visa ATM/Debit Card
  • $5.00 minimum to open
  • Comes with a Savings Account attached
  • Eligible to apply for our College Scholarship senior year

Learn More

Certificates

Progressions Credit Union offers Certificates, another great stable method of savings that allows you to lock in a fixed dividend rate.

  • Variety of rates and terms available*. Dividends can be paid to the certificate or transferred to your savings or checking account on a monthly basis.
  • Available as an IRA as well.
  • Federally Insured by the NCUA

*Fees may reduce earnings and an early withdrawal penalty may apply. Visit our Deposit Account Rates page to learn more about minimum requirements and Truth in Savings Disclosures.

Rates

Certificate Special
  • Special offering going on NOW
  • Earn 2.05% on $5,000.00 or more
  • 24-month term
  • Minimum to open $5,000.00

Learn More

Step-Up Certificate
  • One-time option to adjust the Annual Percentage Yield (APY) to the present Progressions Credit Union APY offered for new certificates of identical terms
  • Certificate’s original maturity date will not change
  • Dividend rate will not decrease

Learn More

Save to Win - 12 Month Saving Certificate
  • Rewards members for contributing to their own savings certificate account
  • Earn dividends on your investment
  • Enter to win money with each $25.00 deposit
  • 12-month period

Learn More

Retirement

Progressions Credit Union offers multiple options to help you save for retirement. It’s never too early to start saving for retirement.

  • Individual Retirement Account (IRA) may offer tax savings and higher dividends
  • Supplement a 401(k) or other employer-sponsored Retirement plans
  • Easy payments with payroll deductions and automatic payments (after set up)
  • Federally Insured by the NCUA (up to $250,000.00)

Limits could be lower based on your income and other restrictions may apply. Consult with a Tax Advisor for more information on the best option for you, then contact us to open your IRA or to roll over an existing plan held with another financial institution.

Rates

Traditional IRA
  • Contribute up to $6,000.00 if you have an earned income
  • Or contribute up to $7,000.00 if you are ages 50+
  • Lower limits are available based on income
  • Earnings are tax-deferred
  • Distributions allowed at age 59 1/2 with no IRS penalties
  • Required minimum distributions at age 72

Learn More

Roth IRA
  • Income Restrictions apply to participate
  • Contribute up to $6,000.00 if you have an earned income
  • Or contribute up to $7,000.00 if you are  ages 50+
  • Lower limits are available based on income
  • Qualified tax-free distributions from Roth IRA’s occur if you own a Roth IRA for 5+ years and are ages 59 1/2+, disabled, a first-time homebuyer or deceased

Learn More