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No - Monthly Service Fee
No - Minimum Balance
No - Annual Fee ATM or MasterMoney Debit Card
(Debit Card available upon approval)
Simplify your checking and stop by today to apply.
For more Information, refer
to our Personal Checking
Web Page. |
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| Passbook Savings |
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$10.00 |
Click more info |
Passbook |
Basic Savings |
| Statement Savings |
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$10.00 |
Click more info |
Statement |
Basic Savings |
| Super Savings |
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$5,000.00 |
Click more info |
Statement |
Higher Rate of Interest |
| Youth Savings |
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$10.00 |
No Fees |
Passbook |
18 Years & Younger |
| Christmas Club |
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No Fees |
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Holiday Savings |
Our interest bearing club account designed for those wanting to get an early start for the upcoming holiday season.
- An initial minimum deposit of one (1) club payment is required to open this type of account.
- At application you will make the following selections;
* Payment Method
(1) Receive a Coupon Book to make your club payments. or
(2) Set-up a re-occurring (AFT) Automated Funds Transfer from your Progressive Bank Checking or Savings account to make your club payments.
* Payout Method
(1) Automatically have the club account proceeds deposited into a Progressive Bank Checking or Savings account. or
(2) Receive a check of the club account proceeds by mail.
- Your Interest Rate and Annual Percentage Yield (APY) will be determined by your payment method:
* 1.00%-APY, if payments are made from your Progressive Bank Checking or Savings account. or
* 0.50%-APY, if payments are made by coupons.
- Interest will be compounded and credited to your account at maturity and begins to accrue on the business day of your deposit.
- We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.
- The last business day to make a payment to the club account is October 8, 2010.
- The maturity date of the club account is October 12, 2010.
- No withdrawals from the account are permitted.
- If the account is closed prior to the maturity date, an early withdrawal penalty of $5 will be imposed.
- 24-hour convenient account access through our Telephone Call Center and our Online Banking (Net Teller) service. (registration required)
If you would like more information on any of our "Savings Accounts" above, 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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& Equal Housing Lender 
