Covered Group Definition:

All members in good standing of Progressions Credit Union who are a primary accountholder on an account or a primary borrower on a loan, as evidenced by the social security number used for tax reporting purposes, are Covered Group members.  For trust relationships the Covered Group member is the person whose tax ID number is used for tax reporting for the trust, or if the trust has a separate tax ID number, then the first named trustee is the Covered Group member. Business accounts are not eligible for this coverage.