Savings & Investments
Savings accounts that help you invest in your financial goals.
We offer a variety of savings accounts to fit your needs. Accounts that will grow with you through all of life’s stages.
Prime Savings
- Made for larger savings account balances
- Must be connected with a Prime Checking account
- $25,000.00 minimum to open
Kasasa Saver
- Free account that builds your savings effortlessly
- Links to free Kasasa Cash or Kasasa Cash Back checking
- No minimum balance requirement
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
YES! Christmas
- Higher dividends
- Funds transfer into checking on October 15th
- No minimum balance
Smart Saver Round-Up
Grow your savings when you use your debit card. Smart Saver Round-Up can help you increase your savings by rounding up to the nearest dollar on every purchase you make with your debit card. Earn more with every swipe.
Investment accounts that help you save for your future.
We offer a variety of investment accounts to fit your financial journey. Accounts that will grow with you through all of life’s stages.
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.
*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.
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 before opening or rolling over an account with us.
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.
*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.
Early ACH Deposit
Access your ACH Direct Deposit up to 2 days earlier, so you do not have to wait.
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 before opening or rolling over an account with us.
Early ACH Deposit
Access your ACH Direct Deposit up to 2 days earlier, so you do not have to wait.
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
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
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
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