Personal Checking Solutions
Your new Checking Account is waiting for you!
All of our personal checking accounts are designed with your banking needs in mind. Whether you’re interested in an account that puts your money to work for you or one where you earn monthly cash back from your debit card purchases, we have it here at Progressive Bank.
With ALL of our personal checking accounts you will receive the following FREE Services:
You Choose Your Rewards!
Designed to be the ONLY personal checking account you need.
Monthly Qualifiers for "Rewards" Interest and ATM Fee Refunds
1ALL Rewards Checking Qualifiers must be met to earn Rewards Interest and ATM Fee Refunds. For Rewards Interest Checking, if Qualifications are met, balances up to $25,000 will earn Rewards Interest of 2.25% APY and balances over $25,000 will earn .25% APY; if Qualifications are not met, ALL balances will earn .05% APY for that statement cycle. APY is Annual Percentage Yield. APYs accurate as of 8/3/2020 and may change after account is opened. Minimum opening deposit is $50. Fees could reduce earnings on the account. For Rewards Cash Back, maximum monthly Cash Back amount is $10.00. 2ATM Fee Refunds maximum of $25.00 per month. 3Paper Statement Fee is $3.00 per month. 4Lost/Damaged Card Fee may apply for Debit Cards. 5Third-party Internet/Data/Message Fees may apply. 6Overdraft Privilege (ODP) pending ODP qualification. Paid Overdraft Item Fees of $35.00 apply to overdrafts created by check, in-person withdrawal, ATM withdrawal, or other electronic means. To maintain Overdraft Privilege, account balance must be positive for at least one day in any 35-day period. We may not pay your overdraft if you have not Opted-In for all transaction types or if you do not have sufficient available Overdraft Privilege to cover the amount of the overdraft and associated fees. 7Debit Card transactions must post and clear to count toward the monthly qualifier total. Available for PERSONAL ACCOUNTS ONLY. Limited to 1 Rewards Checking account per depositor.
Progressive Classic Checking*
If you’re looking for the conveniences of a straightforward checking account with limited fees, then Progressive CLASSIC Checking is the account for you.
New Start Checking
With NEW START Checking, you have the opportunity to build a new banking relationship, even if you have had previous financial challenges or a less-than-perfect banking history; AND, you have access to secure channels to easily transact your personal banking business.
PRO Elite Checking*
With PRO Elite Checking, you can earn higher interest on your checking balances with no limitations on transactions.
*Classic Checking formerly Progressive Lite Checking; PRO Elite Checking formerly Treasury Rate Checking
Information Required to Open an Account with Us
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. To make the account opening process as quick and easy as possible, here is the information that we require and the items you should be prepared to share with us when we open your account. Much of this information is required as part of the USA Patriot Act.
*If your physical address is different than the address on your Primary Identification, the Secondary form of identification MUST reflect your current address. For example, your Driver’s License may still have your previous address, but you have a utility bill that’s being mailed or references your current address. NOTE: This Secondary document MUST have your name on it.
We have several alternatives available to you to cover your occasional inadvertent overdrafts. You will want to review this important information about the choices available to you regarding how we handle overdrafts on your Progressive Bank Personal Checking account.
Progressive Bank Overdraft Privilege
With Progressive Bank Overdraft Privilege, we may authorize debits to your account (up to the approved limit for your checking account type) when you happen to overdraw your account, depending on the types of transactions you have authorized us to cover*. There is no fee to enroll in Overdraft Privilege but our usual Paid Overdraft Item Fee (currently $35.00) will apply for each item covered through Progressive Bank Overdraft Privilege.
NOTE: For Personal Accounts only, we will limit the number of Paid Overdraft Item Fees we will charge per day to six ($210) per account. Also, we will not charge a Paid Overdraft Item Fee for items that overdraw your account by $5.00 or less in aggregate for a single day's transactions. The Paid Overdraft Item Fee applies to overdrafts created by check, in-person withdrawal, ATM withdrawal, or other electronic means. To maintain Overdraft Privilege, account balance must be positive for at least one day in any 35-day period. We may not pay your overdraft if you have not Opted-In for all transaction types or if you do not have sufficient available Overdraft Privilege to cover the amount of the overdraft and any associated fees.
Eligibility: Personal checking customers who meet established Progressive Bank Overdraft Privilege eligibility requirements*. NOTE: Progressive Bank Overdraft Privilege is NOT available for New Start Checking accounts.
Privilege Amount: Determined by the type of personal checking account that you have
Access: Written Checks; ATM; Point-of-Sale (Debit Card); ACH; Online & Bill Payer Transactions
Privilege Status: To satisfactorily maintain the Overdraft Privilege, you must return your account to a positive balance within thirty-five days of the overdraft status.
*We do not authorize and pay overdrafts for ATM and everyday debit card transactions unless you ask us to (Opt-In). We pay overdrafts at our discretion, which means that we do not guarantee that we will always authorize and pay any type of overdraft. If we do not authorize and pay an overdraft, your transaction will be declined.
For more information on Progressive Bank Overdraft Privilege eligibility requirements, contact any Progressive Bank Financial Center.
Safety Net Overdraft Program
An alternative to Overdraft Privilege is our Safety Net Overdraft Program.
With Safety Net, if you have another personal checking, savings, or personal line of credit account with Progressive Bank, you can link this account to your Personal Checking account to utilize the available balance in the linked account to cover inadvertent overdrafts.
If you have enrolled in our Safety Net service and happen to have an overdraft on your Personal Checking account, funds will automatically be transferred, in $100 increments, to cover the overdraft amount (up to the amount available in the funding account). For each transfer that is made, a $10 Transfer Fee will be charged to your Personal Checking account.
NOTE: This is a one-time fee per transfer, regardless of the number of NSF items covered by the transferred amount.
Accounts available to cover overdrafts through the Safety Net Overdraft Program are:
NOTE: To link accounts for our Safety Net Overdraft Program, there must be at least one common owner on each of the linked accounts and that common owner must sign for the Safety Net service.
To enroll in our Safety Net Overdraft Program, stop by any Progressive Bank Financial Center.
*Safety Net transfers from Savings Accounts are considered pre-authorized withdrawals for regulatory purposes and are included in the monthly limit of six pre-authorized transfers per month. Any Safety Net transfer in excess of six during a statement cycle will incur a $10 Excessive Withdrawal Fee.