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  • 1. What are your current deposit rates? Views: 1390 Featured Content Updated Public
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    Effective 05/01/2024 and subject to change. For additional information regarding rates and terms on Progressions Credit Union deposit accounts, please call 509.535.0191 or 800.828.8691. APY=Annual Percentage Yield. Federally Insured by NCUA. To view our Fee Schedule, click here . Kasasa Cash ® Checking Minimum balance to open Minimum balance to earn stated APY APY Truth in Savings Disclosure Learn More $0.00 $0.00 $0.00 Range $0.00-$30,000 (Qualified Rate) Range $30,000.01 or greater (Qualif  More...
  • 2. Does the credit union provide notary services? Can I have my will notarized? Views: 126 Public
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    Progressions Credit Union does have staff members who are licensed with the State of Washington to provide notary services. Notaries cannot simply notarize a will, but can notarize the signatures of the witnesses who are witnessing the will after verifying their identity. In addition: Notaries cannot notarize documents unless they contain a notarial certificate. Notaries cannot notarize documents that are not signed in their presence. Notaries are not attorneys, so cannot write or create legal   More...
  • 3. What is a Traditional IRA? Who can contribute and what are the limits? Views: 82 Public
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    Terms of Use An IRA is an Individual Retirement Account that provides several tax benefits . IRA accounts can be comprised of fixed income instruments, such as CDs/share certificates, bonds, stocks and mutual funds, to name just a few options. A Traditional IRA enables individuals to save money in a tax-deferred account. What that means is that the earnings from your IRA account will not be taxed until you begin taking money out of the account. Traditional IRA Snapshot Contributions: Tax-dedu  More...
  • 4. Are my deposits safe at Progressions Credit Union? Views: 74 Public
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    Progressions Credit Union is Safe and Strong The recent failure of California-based IndyMac, the largest regulated thrift to fail in the last 20 years, has prompted some of our members to ask the question: Are my deposits safe? The answer is yes, all insured shares at the credit union are safe and secure. You see, while credit unions and banks are both full-service financial institutions, credit unions differ from banks in that credit unions are not-for-profit financial cooperatives who are in  More...
  • 5. 7 Success Principles for raising money-smart kids. Views: 73 Public
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    Terms of Use Every day, consumers are learning new ways to get more value for their money. From different ways to pay-such as credit, debit or smart cards-to home banking and shopping over the Internet, people are realizing that they have more control over their money and more ways to use it. Parents and caregivers are uniquely positioned to teach kids the life skills, values and understanding they need to become smart consumers. The goal of this series of articles is to help parents and careg  More...
  • 6. The Money Express article series introduction Views: 68 Public
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    Putting You in Control of Your Financial Life Managing money is a critical life skill that many of us have never really mastered. Good money management skills help you get ahead financially and help prevent others from taking advantage of you. That's where The Money Express comes in. It's Progressions Credit Union's way to provide useful financial information in understandable terms. You see, although some of the concepts can be a little tricky, we have written it to be understand  More...
  • 7. Have the events taking place currently in the U.S. financial markets affected Progressions Credit Union or my accounts there? Views: 67 Public
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    No. Your deposits here at your credit union are as safe and secure today as they have always been and we are making loans to members as usual. Progressions Credit Union, like most US credit unions, has not been experiencing the issues that are causing problems for some of the nations other financial industries and here's why: Credit unions are member owned and not for profit. We don't take big risks to make more money to pay to a handful of stockholders. We take conservative risks and re  More...
  • 8. How can I determine my tolerance to risk when deciding what to invest in? Views: 67 Public
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    Terms of Use Determine Your Risk Tolerance This knowledge article is part of a series of knowledge articles aimed to help you define your roadmap to savings and investing. To review the previous knowledge article in this series, click here . To review the table of contents for the articles, click here . You are approaching the half-way point in your journey to saving and investing. This is a good point to make sure that you understand some key concepts: Savings Your savings are usually put i  More...
  • 9. Any suggestions for getting started with investing? Views: 65 Public
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    Terms of Use Need some help finding the right path for your financial future? You've come to the right place. We've put together an itinerary that takes in all the basics for your journey to learn more about saving and investing. Traveling down the right road to achieving financial well-being is one of the most important trips that you'll ever make in life. Y ou don't have to be a genius to do it … and you don't have to be rich … you just need to hit the road   More...
  • 10. How can I protect myself from identity theft? Views: 64 Public
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    Terms of Use: All that a thief needs to steal an identity is your name, address, social security number, and date of birth . This information is easily obtained from driver's licenses and/or checking accounts. To protect your identity, follow these tips: Minimize information in phone books: A great deal of personal information is listed in telephone or organization directories. Consider an unlisted phone number. If you list, give only your name and phone number. Do not list your addre  More...
All information provided through this site is intended to be accurate. However, there may be inaccuracies at times, which we will make every attempt to correct when found. Information provided is intended to assist you in making decisions and does not eliminate the need to discuss your particular circumstances with a qualified professional.