Savings
Perhaps you are saving for your dream vacation or you just want some extra hidden away for a rainy day. No matter what your purpose, Progressive Bank offers Savings products to help you reach your financial goals.
Progressive Savings is available to individuals only and requires a minimum opening deposit of $100.00. With this account, fees are waived for accountholders age 17 and younger. There is no service fee for balances that stay at or above $400.00. A quarterly service fee applies to accounts where the balance falls below $400.00 during the quarter. By federal regulations, this account is a limited transaction account. For more information on the Progressive Savings account, stop in and see one of our Customer Service Representatives. Start saving your hard earned dollars today!
Progressive Power Savings is Progressive Savings with a kick! This account Iis available to individuals only and requires a minimum opening deposit of $100.00. There is no service fee for balances that stay at or above $400.00. A quarterly service fee applies to accounts where the balance falls below $400.00 during the quarter. By federal regulations, this account is a limited transaction account.
As an added bonus, accountholders with a Progressive Power Savings account may earn a higher interest rate for balances of $2,500.00 and above.
