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Certificate Products
 
Progressive Bank offers competitive rate Certificates and IRA’s in a variety of terms to help you achieve your financial goals.

Certificates of Deposits –terms from 91-days to 5-years

Opening Deposit Minimum Balance to Obtain (APY) Interest Rate Annual Percentage Yield
91-Day 
$1000.00  $1000.00  .20%  .20% 
6-Month 
$1000.00  $1000.00  .30%  .30% 
12-Month  
$1000.00  $1000.00  .40%  .40% 
18-Month  
$1000.00  $1000.00  .45%  .45% 
24-Month 
$1000.00  $1000.00  .50%  .50% 
36-Month 
$1000.00  $1000.00  .60%  .60% 
48-Month 
$1000.00  $1000.00  .70%  .70% 
60-Month 
$1000.00  $1000.00  .95%  .95% 


Individual Retirement Accounts –passbook and certificate based

Opening Deposit Minimum Balance to Obtain (APY) Interest Rate Annual Percentage Yield (APY)
Variable Passbook 
$10.00  $10.00  0.50%  0.50% * 
18-Month 
$1000.00  $1000.00  0.45%  0.45% 
24-Month 
$1000.00  $1000.00  0.50%  0.50% 
30-Month 
$1000.00  $1000.00  0.50%  0.50% 
36-Month 
$1000.00  $1000.00  0.60%  0.60% 
60-Month 
$1000.00  $1000.00  0.95%  0.95% 

Interest Rates shown above are good through: September 17, 2014

* The APY on our IRA Variable Passbook may change after the account is opened.
The Annual Percentage Yield assumes interest will remain on deposit until maturity.
A withdrawal from the account will reduce earnings.
If any of the deposit is withdrawn before the maturity date, a penalty may be imposed.


"Additional Rates and Terms available" If you would like more information on any of Certificates or IRA’s, or would like to open an account at Progressive Bank, just give us a call or stop by any of our conveniently located offices.
   
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